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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12558 |
DP12558 Environmental externalities and free-riding in the household | |
Seema Jayachandran; Kelsey Jack | |
发表日期 | 2018-01-03 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Water use and electricity use, which generate negative environmental externalities, are susceptible to a second externality problem: with household-level billing, each person enjoys private benefits of consumption but shares the cost with other household members. If individual usage is imperfectly observed (as is typical for water and electricity) and family members are imperfectly altruistic toward one another, households overconsume even from their own perspective. We develop this argument and test its prediction that intrahousehold free-riding dampens price sensitivity. We do so in the context of water use in urban Zambia by combining billing records, randomized price variation, and a lab-experimental measure of intrahousehold altruism. We find that more altruistic households are considerably more price sensitive than are less altruistic households. Our results imply that the socially optimal price needs to be set to correct both the environmental externality and also the intrahousehold externality. |
主题 | Development Economics ; Public Economics |
关键词 | Environmental externalities Water use Pigouvian pricing Moral hazard Intrahousehold decision-making |
URL | https://cepr.org/publications/dp12558 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541369 |
推荐引用方式 GB/T 7714 | Seema Jayachandran,Kelsey Jack. DP12558 Environmental externalities and free-riding in the household. 2018. |
条目包含的文件 | 条目无相关文件。 |
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