Environment and Energy Economics Weekly Seminar: Hunt Allcott
"The Lightbulb Paradox: Evidence from Two Randomized Experiments"Abstract:It is often suggestedthat consumers are imperfectly informed about or inattentive to energy costs of durable goods such as cars, air conditioners, and lightbulbs. We study two randomized control experiments that provide information on energy costs and product lifetimes for energy efficient compact fluorescent lightbulbs (CFLs) vs. traditional […]