"Pay-later" vs. "pay-as-you-go": Experimental evidence on present-biased overconsumption and the importance of timing
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More about this item
Keywords
payment schemes; present bias; discounting; lab experiment; energy;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2020-11-30 (Energy Economics)
- NEP-EXP-2020-11-30 (Experimental Economics)
- NEP-REG-2020-11-30 (Regulation)
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