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The peer comparison...
The peer comparison in real time : a field experiment of water and electricity consumption
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- Kazukauskas, Andrius (författare)
- Umeå universitet,Centrum för miljö- och naturresursekonomi (CERE),Nationalekonomi
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- Broberg, Thomas (författare)
- Umeå universitet,Centrum för miljö- och naturresursekonomi (CERE),Nationalekonomi
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- Jaraite, Jurate (författare)
- Umeå universitet,Nationalekonomi,Centrum för miljö- och naturresursekonomi (CERE)
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(creator_code:org_t)
- 2017
- Engelska 40 s.
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Serie: CERE Working Paper ; 2017:8
- Relaterad länk:
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https://umu.diva-por... (primary) (Raw object)
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visa fler...
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https://urn.kb.se/re...
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Abstract
Ämnesord
Stäng
- A large body of literature shows that the provision of social comparisons can cause households to reduce residential energy and water use. In this paper, we carry out a field experiment that contributes to this literature in two important ways. First, we study a social comparison treatment that is continuous and communicated via pre-installed in-home displays, which are salient and updated in real time. Second, we estimate the effects of provision of social comparisons on two distinguished resources – electricity and water – in the same experimental setting. We find that, on average, our social comparison reduces daily residential energy consumption by 6.7 percent but has no effect on overall residential water use. The electricity savings are impersistent and occur in the evening hours, which only slightly overlap with peak hours. We argue that electricity conservation due to social comparisons is driven by short-run changes in households’ electricity saving behavior
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- Consumer economics
- Electricity
- Field experiment
- Real-time displays
- Comparison information
- Water
Publikations- och innehållstyp
- vet (ämneskategori)
- rap (ämneskategori)