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Cost misperceptions and energy consumption : experimental evidence for present bias and biased price beliefs

Werthschulte, Madeline; Löschel, Andreas - 2019

The aim of this study is to link variation in energy cost misperceptions to variation in households' energy consumption. The focus is on two sorts of misperceptions: First, present biased discounting of future energy costs and second, biased energy price beliefs. By running an artefactual field...

Persistent link: https://www.econbiz.de/10012025609

The rebound effect and energy efficiency policy

Gillingham, Kenneth; Rapson, David; Wagner, Gernot - 2014

What do we know about the size of the rebound effect? Should we believe claims that energy efficiency improvements lead to an increase in energy use? This paper clarifies what the rebound effect is, and provides a guide for economists and policymakers interested in its magnitude. We describe how...

Persistent link: https://www.econbiz.de/10010476449

Efficiency in domestic space heating : an estimation of the direct rebound effect for domestic heating in the U.S.

Volland, Benjamin - 2016 - This version: April 10, 2016

demand, as efficiency improvements reduce relative costs of energy. This study investigates the elasticity of household … energy consumption for space heating with respect to changes in household heating efficiency. We account for the simultaneity … are far too small to dominate energy savings from these improvements. Estimates of the direct rebound effect in domestic …

Persistent link: https://www.econbiz.de/10011494878

Are consumers attentive to local energy costs? : evidence from the appliance market

Houde, Sébastien; Myers, Erica - 2019

We estimate whether consumers respond to local energy costs when purchasing appliances. Using a dataset from an appliance retailer, we compare demand responsiveness to a measure of energy costs that varies with local energy prices versus purchase prices. We strongly reject that consumers are...

Persistent link: https://www.econbiz.de/10011975582