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来源类型Working Paper
规范类型报告
DOI10.3386/w28413
来源IDWorking Paper 28413
Selection on Welfare Gains: Experimental Evidence from Electricity Plan Choice
Koichiro Ito; Takanori Ida; Makoto Tanaka
发表日期2021-02-01
出版年2021
语种英语
摘要We study a problem in which policymakers need to screen self-selected individuals by unobserved heterogeneity in social welfare gains from a policy intervention. In our framework, the marginal treatment effects and marginal treatment responses arise as key statistics to characterize social welfare. We apply this framework to a randomized field experiment on electricity plan choice. Consumers were offered socially efficient dynamic pricing with randomly assigned take-up incentives. We find that price-elastic consumers—who generate larger welfare gains—are more likely to self-select. Our counterfactual simulations quantify the optimal take-up incentives that exploit observed and unobserved heterogeneity in selection and welfare gains.
主题Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy
URLhttps://www.nber.org/papers/w28413
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586085
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Koichiro Ito,Takanori Ida,Makoto Tanaka. Selection on Welfare Gains: Experimental Evidence from Electricity Plan Choice. 2021.
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