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...

Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...

This paper develops a theoretical model of consumer demand for an energy conservation program that involves non-binding, self-set goals. We present evidence from a Northern Illinois goal-setting program, aimed at reducing residential electricity consumption, which is difficult to reconcile with...

This paper looks at the distributional effect of an environmental tax on meat in Sweden, if such a tax was to be introduced. Welfare effects are measured as Compensation Variation (CV) for multiple price changes where Hicksian cross price elasticities, household expenditures and price changes...

This study examines time-use for outdoor recreation during 1965 to 2007. Using data on over 47,000 individuals from six nationally representative time-use surveys, we first document time-use trends between 1965 and 2007. We then develop a two-part instrumental variable censored regression model...

We investigate the role discretionary (non-working) time plays in sustaining the gap between individuals’ concern about climate change and their propensity to act on this concern by adopting sustainable consumption practices. Using recent Australian survey data on climate change adaptation, we...

Prior research on the impact of consumer innovativeness on new product purchase intentions experienced confusion about the definition of innovativeness and the interest in a specific domain. To fill the gaps, this study builds a new model to examine the multivariate effects of different...

Prior research on the impact of consumer innovativeness on new product purchase intentions experienced confusion about the definition of innovativeness and the interest in a specific domain. To fill the gaps, this study builds a new model to examine the multivariate effects of different...

Using comprehensive credit bureau data, we document that consumers who borrow from marketplace lending (MPL) platforms have lower credit scores and higher default rates in the long run relative to observably similar applicants for bank loans. This underperformance of MPL borrowers is more...

This research investigates the impact of consumer-owned mobile device use on decision-making. We build on the limited prior research on mobile technology in consumer research by considering the differing ways consumers utilize mobile devices at the point of decision. In particular, we...