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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19510 |
来源ID | Working Paper 19510 |
Dynamic Salience with Intermittent Billing: Evidence from Smart Electricity Meters | |
Ben Gilbert; Joshua S. Graff Zivin | |
发表日期 | 2013-10-04 |
出版年 | 2013 |
语种 | 英语 |
摘要 | Digital tracking and the proliferation of automated payments have made intermittent billing more commonplace, and the frequency at which consumers receive price, quantity, or total expenditure signals may distort their choices. This category of goods has expanded from household utilities, toll road access and software downloads to standard consumption goods paid by credit card or other "bill-me-later"-type systems. Yet we know surprisingly little about how these payment patterns affect decisions. This paper exploits hourly household electricity consumption data collected by "smart" electricity meters to examine dynamic consumer behavior under intermittent expenditure signals. Households reduce consumption by 0.6% to 1% following receipt of an electricity bill, but the response varies considerably by household type and season. Our results also suggest that spending "reminders" can reduce peak demand, particularly during summer months. We discuss the implications for energy policy when intermittent billing combined with inattention induces consumption cycles. |
主题 | Microeconomics ; Behavioral Economics ; Environmental and Resource Economics ; Energy |
URL | https://www.nber.org/papers/w19510 |
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/577183 |
推荐引用方式 GB/T 7714 | Ben Gilbert,Joshua S. Graff Zivin. Dynamic Salience with Intermittent Billing: Evidence from Smart Electricity Meters. 2013. |
条目包含的文件 | 条目无相关文件。 |
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