| 来源类型 | Working papers |
| 规范类型 | 论文 |
| DOI | 10.3929/ethz-b-000324329 |
| Heterogeneous (mis-) perceptions of energy costs: implications for measurement and policy design | |
| 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 | Quantifying heterogeneity in consumers’ misperceptions of product costs is crucial for policy design. We illustrate this point in the energy context and the design of Pigouvian policies. We estimate non-parametric distributions of perceptions of energy costs in the U.S. appliance market using a revealed preference approach. We show that the average degree of misperception is misleading— while the largest share of consumers correctly perceives energy costs, a significant share undervalues them, and smaller shares either significantly overvalues or completely ignores them. We show that setting a tax based on mean misperception deviates substantially from the optimal tax that accounts for heterogeneous misperceptions. While correctly characterizing misperception is crucial for setting optimal Pigouvian taxes for externalities, it is less important for setting optimal standards. We find that standards can largely outperform taxes. Standards’ advantage is they reduce variance in energy operating costs relative to taxes, which internalizes distortionary effects from misperceptions. |
| 主题 | Demand estimation ; Misperceptions ; Energy efficiency gap ; Behavioral welfare economics |
| URL | https://www.research-collection.ethz.ch/handle/20.500.11850/324329 |
| 来源智库 | Centre for Energy Policy and Economics (Switzerland) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/266804 |
| 推荐引用方式 GB/T 7714 | Houde, Sé,bastien,Myers, Erica. Heterogeneous (mis-) perceptions of energy costs: implications for measurement and policy design. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| WP-19-314.pdf（3179KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
| WP-19-314.jpg（3KB） | 智库出版物 | 限制开放 | CC BY-NC-SA |  浏览 | ||
| 文件名： | WP-19-314.jpg |
| 格式： | JPEG |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
