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Time-of-use (TOU) pricing for electricity is an effective means to allocate electricity, though regulators are increasingly employing non-market strategies to provide information and induce conservation. We evaluate a large-scale field trial in which households facing TOU pricing were given an...
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Programs that certify the environmental (or other social) attributes of firms are common. But the proliferation of labeling schemes makes it difficult for consumers to know what each one means – what level of ‘greenness' does a particular label imply? We provide the first model in which...
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The intrinsic motivation of a firm's management for engaging in pro-social behavior is an important determinant of a firm's social conduct. I provide the first model in which firms run by morally-motivated managers engage in corporate social responsibility (CSR) in a competitive setting. CSR...
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