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Many countries have liberalized their residential electricity markets or are considering to do so. Liberalization provides consumers with more freedom of choice but also leads to higher choice complexity as consumers face a much larger number of different electricity contracts to choose from. We...
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The provision of feedback about individual electricity consumption is a widely used approach to promote pro-environmental behavior. This form of feedback typically invokes social comparisons by informing households about their aggregate electricity consumption relative to others. While previous...
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Feedback interventions are considered a promising instrument to promoteenergy conservation among households and thus, to mitigate climate change. Need. However,it remains unclear whether their effectiveness can be increased by incentivizing thepursuit of energy-savings goals. In this paper, we...
Persistent link: https://www.econbiz.de/10013312422
Large infrastructure projects often suffer from cost and schedule overruns, mainly due to optimism bias and strategic misrepresentation. Reference class forecasting (RCF) offers a potential remedy. This study presents a comprehensive analysis of the RCF literature with the aim of providing...
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Solidarity in teamwork situations is important for the success and longevity of teams. This paper studies how helping group members is affected when groups are randomly merged and increase in size. Group mergers put social norms that are prevailing in previously small groups to the test as new...
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