| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18533 |
| 来源ID | Working Paper 18533 |
| Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing | |
| Koichiro Ito | |
| 发表日期 | 2012-11-09 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | Nonlinear pricing and taxation complicate economic decisions by creating multiple marginal prices for the same good. This paper provides a framework to uncover consumers' perceived price of nonlinear price schedules. I exploit price variation at spatial discontinuities in electricity service areas, where households in the same city experience substantially different nonlinear pricing. Using household-level panel data from administrative records, I find strong evidence that consumers respond to average price rather than marginal or expected marginal price. This sub-optimizing behavior makes nonlinear pricing unsuccessful in achieving its policy goal of energy conservation and critically changes the welfare implications of nonlinear pricing. |
| 主题 | Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Industry Studies ; Environmental and Resource Economics ; Energy ; Environment |
| URL | https://www.nber.org/papers/w18533 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 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/576208 |
| 推荐引用方式 GB/T 7714 | Koichiro Ito. Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing. 2012. |
| 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 | ||
| w18533.pdf（1398KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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