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来源类型Working Paper
规范类型报告
DOI10.3386/w19510
来源IDWorking 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
URLhttps://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
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GB/T 7714
Ben Gilbert,Joshua S. Graff Zivin. Dynamic Salience with Intermittent Billing: Evidence from Smart Electricity Meters. 2013.
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