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|Publication type:||Article in scientific journal|
|Type of review:||Peer review (publication)|
|Title:||Can information about energy costs affect consumers’ choices? : evidence from a field experiment|
|Published in:||Journal of Economic Behavior & Organization|
|Publisher / Ed. Institution:||Elsevier|
|Subjects:||Imperfect information; Limited attention; Consumers durable choice; Energy efficiency; Field experiment|
|Subject (DDC):||150: Psychology |
|Abstract:||Whether consumers are fully informed and attentive when investing in energy efficiency is still hotly debated. We experimentally evaluate the role of imperfect information about or limited attention to energy costs in the demand for energy-consuming household durables in Switzerland. Using in-home visits, we collect unique data on the characteristics of participants’ current home appliances and light bulbs. Our intervention exploits this data to provide customized information about the potential of monetary savings from adopting new, comparable, and efficient durables. We find a substantial information treatment effect on the energy efficiency of the newly purchased durables. A larger potential of monetary savings induces larger durables choices responses. These findings provide suggestive evidence that the informational content of our intervention played a significant role in determining the observed durables choices responses.|
|Fulltext version:||Published version|
|License (according to publishing contract):||CC BY 4.0: Attribution 4.0 International|
|Departement:||School of Management and Law|
|Organisational Unit:||Center for Energy and Environment (CEE)|
|Appears in collections:||Publikationen School of Management and Law|
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|2022_Boogen-etal_Information-about-energy-cost-affecting-comsumer-choices.pdf||1.8 MB||Adobe PDF|
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Boogen, N., Daminato, C., Filippini, M., & Obrist, A. (2022). Can information about energy costs affect consumers’ choices? : evidence from a field experiment. Journal of Economic Behavior & Organization, 196, 568–588. https://doi.org/10.1016/j.jebo.2022.02.014
Boogen, N. et al. (2022) ‘Can information about energy costs affect consumers’ choices? : evidence from a field experiment’, Journal of Economic Behavior & Organization, 196, pp. 568–588. Available at: https://doi.org/10.1016/j.jebo.2022.02.014.
N. Boogen, C. Daminato, M. Filippini, and A. Obrist, “Can information about energy costs affect consumers’ choices? : evidence from a field experiment,” Journal of Economic Behavior & Organization, vol. 196, pp. 568–588, 2022, doi: 10.1016/j.jebo.2022.02.014.
Boogen, Nina, et al. “Can Information About Energy Costs Affect Consumers’ Choices? : Evidence from a Field Experiment.” Journal of Economic Behavior & Organization, vol. 196, 2022, pp. 568–88, https://doi.org/10.1016/j.jebo.2022.02.014.
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