Perceptions and inattention in private electricity consumption
Author
Abstract
Suggested Citation
Download full text from publisher
To our knowledge, this item is not available for download. To find whether it is available, there are three options:1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
References listed on IDEAS
- Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
- Tom Tietenberg, 2009. "Reflections--Energy Efficiency Policy: Pipe Dream or Pipeline to the Future?," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 3(2), pages 304-320, Summer.
- Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
- James M. Sallee, 2014.
"Rational Inattention and Energy Efficiency,"
Journal of Law and Economics, University of Chicago Press, vol. 57(3), pages 781-820.
- James M. Sallee, 2013. "Rational Inattention and Energy Efficiency," NBER Working Papers 19545, National Bureau of Economic Research, Inc.
- Wichman, Casey J., 2014. "Perceived price in residential water demand: Evidence from a natural experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 107(PA), pages 308-323.
- Karen Palmer & Margaret Walls, 2015. "Limited Attention and the Residential Energy Efficiency Gap," American Economic Review, American Economic Association, vol. 105(5), pages 192-195, May.
- Sims, Christopher A., 2003. "Implications of rational inattention," Journal of Monetary Economics, Elsevier, vol. 50(3), pages 665-690, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Vesterberg, Mattias, 2017. "The effect of price on electricity contract choice," Umeå Economic Studies 941, Umeå University, Department of Economics.
- Vesterberg, Mattias, 2017. "Heterogeneity in price responsiveness of electricity: Contract choice and the role of media coverage," Umeå Economic Studies 940, Umeå University, Department of Economics.
- Quinn Keefer & Galib Rustamov, 2018. "Limited attention in residential energy markets: a regression discontinuity approach," Empirical Economics, Springer, vol. 55(3), pages 993-1017, November.
- Vesterberg, Mattias, 2018. "The effect of price on electricity contract choice," Energy Economics, Elsevier, vol. 69(C), pages 59-70.
- Lanot, Gauthier & Vesterberg, Mattias, 2021.
"The price elasticity of electricity demand when marginal incentives are very large,"
Energy Economics, Elsevier, vol. 104(C).
- Lanot, Gauthier & Vesterberg, Mattias, 2020. "The price elasticity of electricity demand when marginal incentives are very large," Umeå Economic Studies 968, Umeå University, Department of Economics.
- Cali Curley & Galib Rustamov & Nicky Harrison & Madeline Venable, 2020. "Susceptibility to Inattention: Unpacking Who is Susceptible to Inattention in Energy‐Based Electronic Billing," Review of Policy Research, Policy Studies Organization, vol. 37(6), pages 744-764, November.
- Tomasz Rokicki & Piotr Bórawski & Barbara Gradziuk & Piotr Gradziuk & Aldona Mrówczyńska-Kamińska & Joanna Kozak & Danuta Jolanta Guzal-Dec & Kamil Wojtczuk, 2021. "Differentiation and Changes of Household Electricity Prices in EU Countries," Energies, MDPI, vol. 14(21), pages 1-21, October.
- Vesterberg, Mattias, 2017. "Power to the people: Electricity demand and household behavior," Umeå Economic Studies 942, Umeå University, Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Broberg, Thomas & Kažukauskas, Andrius, 2021. "Information policies and biased cost perceptions - The case of Swedish residential energy consumption," Energy Policy, Elsevier, vol. 149(C).
- Lunn, Pete & Bohacek, Marek & McGowan, Feidhlim, 2016. "The Surplus Identification Task and Limits to Multi-Attribute Consumer Choice," Papers WP536, Economic and Social Research Institute (ESRI).
- Cali Curley & Galib Rustamov & Nicky Harrison & Madeline Venable, 2020. "Susceptibility to Inattention: Unpacking Who is Susceptible to Inattention in Energy‐Based Electronic Billing," Review of Policy Research, Policy Studies Organization, vol. 37(6), pages 744-764, November.
- Brent, Daniel A. & Ward, Michael B., 2019. "Price perceptions in water demand," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
- Wang, Xiangrui & Lee, Jukwan & Yan, Jia & Thompson, Gary D., 2018. "Testing the behavior of rationally inattentive consumers in a residential water market," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 344-359.
- Petrovich, Beatrice & Carattini, Stefano & Wüstenhagen, Rolf, 2021.
"The price of risk in residential solar investments,"
Ecological Economics, Elsevier, vol. 180(C).
- Petrovich, Beatrice & Carattini, Stefano & Wüstenhagen, Rolf, 2021. "The price of risk in residential solar investments," LSE Research Online Documents on Economics 108405, London School of Economics and Political Science, LSE Library.
- Todd D. Gerarden & Richard G. Newell & Robert N. Stavins, 2017.
"Assessing the Energy-Efficiency Gap,"
Journal of Economic Literature, American Economic Association, vol. 55(4), pages 1486-1525, December.
- Todd D. Gerarden & Richard G. Newell & Robert N. Stavins, 2015. "Assessing the Energy-Efficiency Gap," NBER Working Papers 20904, National Bureau of Economic Research, Inc.
- Todd D. Gerarden & Richard G. Newell & Robert N. Stavins, 2015. "Assessing the Energy-Efficiency Gap," Working Papers 2015.35, Fondazione Eni Enrico Mattei.
- Gerarden, Todd D. & Newell, Richard G. & Stavins, Robert N., 2015. "Assessing the Energy-Efficiency Gap," Climate Change and Sustainable Development 202551, Fondazione Eni Enrico Mattei (FEEM).
- Kim, Duk Gyoo & Yoon, Yeochang, 2019. "A theory of FAQs: Public announcements with rational ignorance," Journal of Economic Behavior & Organization, Elsevier, vol. 158(C), pages 560-574.
- Stefano DellaVigna, 2009.
"Psychology and Economics: Evidence from the Field,"
Journal of Economic Literature, American Economic Association, vol. 47(2), pages 315-372, June.
- Stefano DellaVigna, 2007. "Psychology and Economics: Evidence from the Field," NBER Working Papers 13420, National Bureau of Economic Research, Inc.
- Scharfenaker, Ellis, 2020.
"Implications of quantal response statistical equilibrium,"
Journal of Economic Dynamics and Control, Elsevier, vol. 119(C).
- Ellis Scharfenaker, 2019. "Implications of Quantal Response Statistical Equilibrium," Working Paper Series, Department of Economics, University of Utah 2019_07, University of Utah, Department of Economics.
- Erlend Dancke Sandorf & Danny Campbell, 2019.
"Accommodating satisficing behaviour in stated choice experiments,"
European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 46(1), pages 133-162.
- Sandorf, Erlend Dancke & Campbell, Danny, 2016. "Accommodating satisficing behavior in stated choice experiments," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235905, Agricultural and Applied Economics Association.
- MacLeod, W Bentley, 2016. "Human capital: Linking behavior to rational choice via dual process theory," Labour Economics, Elsevier, vol. 41(C), pages 20-31.
- Xiangyu Gao & Stefanus Jasin & Sajjad Najafi & Huanan Zhang, 2022. "Joint Learning and Optimization for Multi-Product Pricing (and Ranking) Under a General Cascade Click Model," Management Science, INFORMS, vol. 68(10), pages 7362-7382, October.
- Piñeiro-Chousa, Juan & López-Cabarcos, M.Ángeles & Ribeiro-Soriano, Domingo, 2020. "Does investor attention influence water companies’ stock returns?," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
- Adams, Paul & Hunt, Stefan & Palmer, Christopher & Zaliauskas, Redis, 2021. "Testing the effectiveness of consumer financial disclosure: Experimental evidence from savings accounts," Journal of Financial Economics, Elsevier, vol. 141(1), pages 122-147.
- Xavier Gabaix & David Laibson & Guillermo Moloche & Stephen Weinberg, 2006. "Costly Information Acquisition: Experimental Analysis of a Boundedly Rational Model," American Economic Review, American Economic Association, vol. 96(4), pages 1043-1068, September.
- Elrod, Terry & Johnson, Richard D. & White, Joan, 2004. "A new integrated model of noncompensatory and compensatory decision strategies," Organizational Behavior and Human Decision Processes, Elsevier, vol. 95(1), pages 1-19, September.
- Richard Nelson & Davide Consoli, 2010.
"An evolutionary theory of household consumption behavior,"
Journal of Evolutionary Economics, Springer, vol. 20(5), pages 665-687, October.
- Nelson, Richard & Consoli, Davide, 2010. "An Evolutionary Theory of Household Consumption Behavior," MPRA Paper 20197, University Library of Munich, Germany.
- Jean-Sébastien Lenfant, 2018.
"Probabilising the consumer: Georgescu-Roegen, Marschak and Quandt on the modelling of the consumer in the 1950s,"
The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 25(1), pages 36-72, January.
- Jean-Sébastien Lenfant, 2018. "Probabilising the consumer: Georgescu-Roegen, Marschak and Quandt on the modelling of the consumer in the 1950s," Post-Print hal-02555394, HAL.
- Jean-Sébastien Lenfant, 2018. "Probabilizing the consumer: Georgescu-Roegen, Marschak and Quandt on the Modeling of the Consumer in the 1950s," Post-Print hal-01714635, HAL.
- Caroline Le Pennec & Vincent Pons, 2019. "How Do Campaigns Shape Vote Choice? Multi-Country Evidence from 62 Elections and 56 TV Debates," NBER Working Papers 26572, National Bureau of Economic Research, Inc.
More about this item
Keywords
DSM; energy efficiency; energy policy; inattention; information; nudge;All these keywords.
JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2016-03-23 (Energy Economics)
- NEP-REG-2016-03-23 (Regulation)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:slucer:2016_002. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mona Bonta Bergman (email available below). General contact details of provider: http://www.cere.se .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.