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dc.contributor.author
Bingler, Julia Anna
dc.contributor.author
Ritter, Nolan
dc.date.accessioned
2021-01-12T07:30:11Z
dc.date.available
2021-01-08T08:25:18Z
dc.date.available
2021-01-12T07:30:11Z
dc.date.issued
2020
dc.identifier.uri
http://hdl.handle.net/20.500.11850/460462
dc.description.abstract
We examine a large randomized field experiment which exogeneouslyvaries residential natural gas prices. All participating households areequipped with in-house devices that provide price information at thepress of a button. Nevertheless, we find overwhelming evidence thathouseholds do not know the price. A lack of price information is aserious threat to the identification of causal effects. Households whodo not know their price cannot react to it. In line with this finding,we provide strong evidence that households do not react to exogenous,monthly price variations between−15.4% and +17.9% in the year longtrial. Overall, our findings suggest that the hypothesis of full informa-tion must be tested carefully.
en_US
dc.language.iso
en
en_US
dc.publisher
EAERE
en_US
dc.subject
households
en_US
dc.subject
information
en_US
dc.subject
price experiment
en_US
dc.title
Don’t know? Don’t care? What a price experiment tells us about natural gas consumption.
en_US
dc.type
Conference Paper
ethz.size
31 p.
en_US
ethz.code.jel
JEL - JEL::D - Microeconomics::D1 - Household Behavior and Family Economics::D12 - Consumer Economics: Empirical Analysis
en_US
ethz.code.jel
JEL - JEL::D - Microeconomics::D8 - Information, Knowledge, and Uncertainty::D83 - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
en_US
ethz.code.jel
JEL - JEL::L - Industrial Organization::L9 - Industry Studies: Transportation and Utilities::L95 - Gas Utilities; Pipelines; Water Utilities
en_US
ethz.code.jel
JEL - JEL::Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics::Q4 - Energy::Q41 - Demand and Supply; Prices
en_US
ethz.code.jel
JEL - JEL::Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics::Q5 - Environmental Economics::Q54 - Climate; Natural Disasters and Their Management; Global Warming
en_US
ethz.event
25th Annual Conference of the European Association Environmental and Resource Economists (EAERE 2020)
en_US
ethz.event.location
online
en_US
ethz.event.date
June 23 - July 3, 2020
en_US
ethz.notes
Conference lecture on June 25, 2020. Due to the Coronavirus (COVID-19) the conference was conducted virtually.
en_US
ethz.publication.place
s.l.
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03635 - Bretschger, Lucas / Bretschger, Lucas
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03635 - Bretschger, Lucas / Bretschger, Lucas
en_US
ethz.date.deposited
2021-01-08T08:25:26Z
ethz.source
FORM
ethz.eth
yes
en_US
ethz.availability
Metadata only
en_US
ethz.rosetta.installDate
2021-01-12T07:30:20Z
ethz.rosetta.lastUpdated
2021-02-15T23:07:48Z
ethz.rosetta.versionExported
true
ethz.COinS
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