全球智库信息集成服务系统(G2TT): Do Consumers Distinguish Fixed Cost from Variable Cost? \u201cSchmeduling\u201d in Two-Part Tariffs in Energy

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w26853
来源ID	Working Paper 26853
	Do Consumers Distinguish Fixed Cost from Variable Cost? \u201cSchmeduling\u201d in Two-Part Tariffs in Energy
	Koichiro Ito; Shuang Zhang
发表日期	2020-03-16
出版年	2020
语种	英语
摘要	A central assumption in economics is that consumers properly distinguish fixed cost from variable cost. This assumption is fundamental to various economic theories, including optimal taxation, redistribution, and price discrimination. Using a quasi-experiment in heating price reform in China, we find empirical evidence that is inconsistent with this conventional assumption and more consistent with the “schmeduling” model in Liebman and Zeckhauser (2004). As we demonstrate the policy implications for two-part energy tariffs, this consumer behavior makes fixed cost directly relevant to the perceived relative prices of goods, and therefore alters the welfare implications of price, tax, and subsidy designs.
主题	Industrial Organization ; Nonprofits ; Regulatory Economics ; Industry Studies ; Development and Growth ; Development ; Innovation and R& ; D ; Growth and Productivity ; Environmental and Resource Economics ; Energy ; Environment
URL	https://www.nber.org/papers/w26853
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/584526
推荐引用方式 GB/T 7714	Koichiro Ito,Shuang Zhang. Do Consumers Distinguish Fixed Cost from Variable Cost? \u201cSchmeduling\u201d in Two-Part Tariffs in Energy. 2020.

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
w26853.pdf（597KB）	智库出版物		限制开放	CC BY-NC-SA	浏览