| 来源类型 | Working Paper |
| 规范类型 | 论文 |
| Knowing what’s good for you: energy conservation and the uninformed consumer hypothesis | |
| Kevin A. Hassett; Alex Brill; Gilbert E. Metcalf | |
| 发表日期 | 1999 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | Find the paper in its entirety here. Abstract Increasing consumption of energy in the consumer market along with “low” levels of investment in energy conservation technology has raised considerable concern among public policy analysts. Many believe that the high reported consumer discount rates along with low audit participation rates by many segments of the population reflect consumer ignorance rather than true structural parameters, which has led to substantial expenditures on policies designed to educate consumers. In this paper, we explore the “uninformed consumer hypothesis” by relating the decision to invest in energy saving insulation to one’s level of education, presuming this should be correlated with an individual’s probability of being well informed, along with a number of variables that help proxy for the economic returns to home improvement, and the discount rates that individuals apply to them. Although a cursory examination of our data confirms previous results, tests performed on a more formalized model show that the economic variables are found to be important determinants of home improvement behavior, but the education variables are not. |
| 主题 | US Economy |
| 标签 | renewable energy |
| URL | https://www.aei.org/research-products/working-paper/knowing-whats-good-for-you-energy-conservation-and-the-uninformed-consumer-hypothesis/ |
| 来源智库 | American Enterprise Institute (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/206771 |
| 推荐引用方式 GB/T 7714 | Kevin A. Hassett,Alex Brill,Gilbert E. Metcalf. Knowing what’s good for you: energy conservation and the uninformed consumer hypothesis. 1999. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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