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来源类型Working papers
规范类型论文
DOI10.3929/ethz-b-000323951
Are consumers attentive to local energy costs? Evidence from the appliance market
Houde, Sé; bastien; Myers, Erica
发表日期2019-02
出版者ETH Zurich, Center of Economic Research (CER-ETH)
出版年2019
语种英语
摘要We estimate whether consumers respond to local energy costs when purchasing appliances. Using a dataset from an appliance retailer, we compare demand responsiveness to a measure of energy costs that varies with local energy prices versus purchase prices. We strongly reject that consumers are unresponsive to local energy costs under a wide range of assumptions. These findings run counter to the popular wisdom, which motivates energy standards, that energy costs are a shrouded attribute. Capital investments are an important channel for electricity demand response and may explain some of the large differences between short and long run electricity price elasticities.
主题Inattention ; Shrouded attributes ; Energy efficiency gap ; Misperceptions ; Appliance efficiency standards
URLhttps://www.research-collection.ethz.ch/handle/20.500.11850/323951
来源智库Centre for Energy Policy and Economics (Switzerland)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/266803
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GB/T 7714
Houde, Sé,bastien,Myers, Erica. Are consumers attentive to local energy costs? Evidence from the appliance market. 2019.
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