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Heterogeneous (mis-) perceptions of energy costs : implications for measurement and policy design
Houde, Sébastien; Myers, Erica - 2019
Quantifying heterogeneity in consumers' misperceptions of product costs is crucial for policy design. We illustrate … mean misperception deviates substantially from the optimal tax that accounts for heterogeneous misperceptions. While … variance in energy operating costs relative to taxes, which internalizes distortionary effects from misperceptions. …
Persistent link: https://www.econbiz.de/10011975591
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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/10011985395
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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
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The narrative of the energy efficiency gap
Houde, Sébastien; Wekhof, Tobias - 2021
For more than forty years analysts have pointed out that society might be too slow in adopting energy efficiency technologies, a phenomenon known as the Energy Efficiency Gap. There are persistent market barriers that impede these efforts. Eliciting these barriers and their heterogeneity is key...
Persistent link: https://www.econbiz.de/10012608681
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The narrative of the energy efficiency gap
Houde, Sébastien; Wekhof, Tobias - 2021
For more than forty years analysts have pointed out that society might be too slow in adopting energy efficiency technologies, a phenomenon known as the Energy Efficiency Gap. There are persistent market barriers that impede these efforts. Eliciting these barriers and their heterogeneity is key...
Persistent link: https://www.econbiz.de/10012605561
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Heterogeneous (mis-)perceptions of energy costs : implications for measurement and policy design
Houde, Sébastien; Myers, Erica - 2019
Persistent link: https://www.econbiz.de/10012014842
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Heterogeneous (Mis-)perceptions of Energy Costs : Implications for Measurement and Policy Design
Houde, Sébastien - 2019
Quantifying heterogeneity in consumers' misperceptions of product costs is crucial for policy design. We illustrate … mean misperception deviates substantially from the optimal tax that accounts for heterogeneous misperceptions. While … variance in energy operating costs relative to taxes, which internalizes distortionary effects from misperceptions …
Persistent link: https://www.econbiz.de/10012893108
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Are Consumers Attentive to Local Energy Costs? Evidence from the Appliance Market
Houde, Sébastien - 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/10012893279
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How Consumers Respond to Environmental Certification and the Value of Energy Information
Houde, Sébastien - National Bureau of Economic Research (NBER) - 2014
The ENERGY STAR certification is a voluntary labeling that favors the adoption of energy efficient products. In the US appliance market, the label is a coarse summary of otherwise readily accessible information. Using micro-data of the US refrigerator market, I develop a structural demand model...
Persistent link: https://www.econbiz.de/10010821727
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Casting light on energy efficiency: Evidence on consumer inattention and imperfect information
Rodemeier, Matthias; Löschel, Andreas; Kube, Roland - 2017
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