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Economic policies often involve dynamic interventions, where individuals receive repeated interventions over multiple periods. This dynamics makes past responses informative to predict future responses and ultimate outcomes depend on the history of interventions. Despite these phenomena,...
Persistent link: https://www.econbiz.de/10014576590
Part I Smart Grid Economics -- Chapter 1 Economics of Smart Grid: Smart Grid, Time-dependent Pricing (Dynamic Pricing), Demand Response -- Part II Field Experimental Economics -- Chapter 2 Economics of Field Experiment: History of Field Experiment, especially in Energy and Environmental...
Persistent link: https://www.econbiz.de/10014447351
Among the many reasons policy makers across the world have sought to supplement fuel supplies with ethanol-blended fuels are the cited environmental benefits that come with replacing a fossil-fuel with a cleaner burning alternative. Dual-blend ethanol mandates, in which multiple ethanol blends...
Persistent link: https://www.econbiz.de/10012827402
Based on data from a large-scale computer-based survey among more than 3700 German citizens, this paper empirically disentangles the determinants of the general change of electricity contracts and the specific change to green electricity contracts. Our econometric analysis reveals a strong...
Persistent link: https://www.econbiz.de/10011901959
We provide novel evidence for the size of key electric vehicle (EV) adoption barriers, purchase price and battery range, and the driver, operating cost, in the broadening EV market. We further demonstrate the heterogeneity of these across consumer segments, plus determine groups most resistant...
Persistent link: https://www.econbiz.de/10013257646
Among Brazil's gasoline-ethanol vehicle users, it is common to observe the purchase of the fuel that yields the less miles per dollar of spending. In a large-scale set of experiments with 10,400 subjects, I inform energy consumers at the pump of the effective price difference across fuels. The...
Persistent link: https://www.econbiz.de/10012936821
Procurement auctions for renewable energy support have become a standard policy instrument to stimulate investment in clean energy. Yet, the nexus of award prices and post-auction realization rates of winning projects is not well understood in the literature. We combine auction theory and real...
Persistent link: https://www.econbiz.de/10012848081
Concerns about climate change are growing, and so is the demand for information about the costs and benefits of mitigating greenhouse gas emissions. This paper seeks to estimate the benefits of climate change mitigation, as measured by the public’s willingness to pay for such policies. We...
Persistent link: https://www.econbiz.de/10011548132
Imperfect information and inattention to energy costs are important potential motivations for energy efficiency standards and subsidies. We evaluate these motivations in the lightbulb market using a theoretical model and two randomized experiments. We derive welfare effects as functions of...
Persistent link: https://www.econbiz.de/10013013477
Imperfect information and inattention to energy costs are important potential motivations for energy efficiency standards and subsidies. We evaluate these motivations in the lightbulb market using a theoretical model and two randomized experiments. We derive welfare effects as functions of...
Persistent link: https://www.econbiz.de/10013018048