"The Demand for Energy-Using Assets among the World's Rising Middle Classes"Abstract:We study decisions to acquire energy-using assets in thepresence of rising incomes. We develop a theoretical framework to show that credit-constrained, poor households are unlikely to use additional income to buy appliances. The effect of income growth on asset purchases is stronger at higher income levels. […]
"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 […]
Withthe recent impact of the most severe recession since the Great Depression, and the elimination of redevelopment in California, literally, “Where did all the Money Go?” And how can we still achieve the goals of Smart Growth and Sustainable Community planning? This symposium will be a conversation with a selected group of UCLA alumni from […]
