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While the significance of narrative thinking has been increasingly recognized by social scientists, very little empirical research has documented its consequences for economically significant outcomes. The current paper addresses this gap in one important domain: valuations. In three...
Persistent link: https://www.econbiz.de/10014384016
Residential energy consumption has been increasingly singled out by public policies as a key area for potential … emission reduction. The public implementation of energy efficiency consultants (EECs) as change agents aims at the diffusion of … innovation in building efficiency and overcoming information asymmetries in the construction sector. However, the success of …
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The replacement of appliances and other energy using products by more effi-cient ones is generally regarded as an … effective strategy to reduce energy de-mand. However, the savings realized by this strategy may be lower than those …
Persistent link: https://www.econbiz.de/10009486116
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This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …
Persistent link: https://www.econbiz.de/10010268675
This paper analyses the adoption of energy-efficiency enhancing technologies by heterogeneous firms. The fact that … energy use does not only cause external environmental costs through pollution, but also directly affects the profitability of … energy use. The analysis focuses in particular on the efficiency of the market-led adoption and diffusion process under …
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