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Energy labels have been introduced in many countries to increase consumers' attention to energy use in purchase decisions of durables. In a discrete-choice experiment among about 5,000 households, we implement randomized information treatments to explore how energy labels influence purchasing...
Persistent link: https://www.econbiz.de/10011594107
We investigate consumer inattention and imperfect information regarding the financial benefits of energy-efficient lighting using a randomized controlled trial with 1,084 observations. Results suggest that subjects generally know about cost savings of LED bulbs - the central lighting technology...
Persistent link: https://www.econbiz.de/10011602809
We study the effects of limited attention on property prices and energy efficiency (EE) investments in the housing market. Using a novel dataset, we analyse over 5 million residential property sale transactions in England and Wales, each containing information about sale price, property and...
Persistent link: https://www.econbiz.de/10012425575
Isolating the role of limited knowledge, psychological frictions and policy characteristics is key when evaluating a public program and designing future policies. This paper explores the role of awareness about the presence of fiscal programs in determining their impact on individual choices....
Persistent link: https://www.econbiz.de/10012140948
We conduct a large scale randomized field experiment to study whether providing recipients - 42,454 Chinese households in a rural area - with information on the costs of a real decision they make can help to improve the quality of their choices. The decisions are of high financial impact, as the...
Persistent link: https://www.econbiz.de/10012490105
Isolating the role of limited knowledge, psychological frictions and policy characteristics is key when evaluating a public program and designing future policies. This paper explores the role of awareness about the presence of fiscal programs in determining their impact on individual choices....
Persistent link: https://www.econbiz.de/10012890052
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
Energy labels have been introduced in many countries to increase consumers' attention to energy use in purchase decisions of durables. In a discrete-choice experiment among about 5,000 households, we implement randomized information treatments to explore the effects of various kinds of energy...
Persistent link: https://www.econbiz.de/10012978674
We conduct a large scale randomized field experiment to study whether providing recipients – 42,454 Chinese households in a rural area – with information on the costs of a real decision they make can help to improve the quality of their choices. The decisions are of high financial impact, as...
Persistent link: https://www.econbiz.de/10013238299
We study the effects of limited attention on property prices and energy efficiency (EE) investments in the housing market. Using a novel dataset, we analyse over 5 million residential property sale transactions in England and Wales, each containing information about sale price, property and...
Persistent link: https://www.econbiz.de/10013315011