2018
DOI: 10.1080/00036846.2018.1489508
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Do small pecuniary incentives motivate residential peak energy reductions? Experimental evidence

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Cited by 8 publications
(3 citation statements)
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“…(f) Baseline behavior levels. Findings concerning responsiveness to energy prices of households with different consumption levels are mixed (Herter, 2007 ; Kaza, 2010 ; Gilbert and Graff Zivin, 2014 ; List et al, 2017 ; Royal and Rustamov, 2018 ; Harding et al, 2020 ; Prest, 2020 ; Schmitz and Madlener, 2020 ; Todd-Blick et al, 2020 ; Murakami et al, 2022 ). This could be partly due to context- or behavior-specificity of the effects (see Kaza, 2010 ).…”
Section: Resultsmentioning
confidence: 99%
“…(f) Baseline behavior levels. Findings concerning responsiveness to energy prices of households with different consumption levels are mixed (Herter, 2007 ; Kaza, 2010 ; Gilbert and Graff Zivin, 2014 ; List et al, 2017 ; Royal and Rustamov, 2018 ; Harding et al, 2020 ; Prest, 2020 ; Schmitz and Madlener, 2020 ; Todd-Blick et al, 2020 ; Murakami et al, 2022 ). This could be partly due to context- or behavior-specificity of the effects (see Kaza, 2010 ).…”
Section: Resultsmentioning
confidence: 99%
“…In addition to the general energy preservation in private households, more recently published studies often focus on shifting energy consumption from peak times to times where the general demand is low compared to the generation from renewables. Royal et al [12] evaluated demand-side interventions aimed at reducing residential energy consumption during peak periods, using a set of text message reminders and intra-day increases in the electricity price for peak-hours. The additional price increases achieved significant reductions in peak hour consumption, significantly higher than with only the text messages.…”
Section: Introductionmentioning
confidence: 99%
“…Studies in the environmental domain testing the effects of mere financial incentives usually indicate that even relatively small performance-contingent financial incentives increase the utility of eliciting pro-environmental behavior. For instance, studies on residential water or electricity use (e.g., Azarova et al, 2020;de Sousa and Dias Fouto, 2019;Royal and Rustamov, 2018;Wang et al, 2022;Weber et al, 2017) or on resource use in corporate contexts (e.g., Mizobuchi and Takeuchi, 2013;Schall and Mohnen, 2017) indicate that financial incentives rather promote than crowd out pro-environmental behaviors. It is important to note that such studies are quite heterogeneous in incentivizing individuals.…”
Section: Literature Overview and Research Gapsmentioning
confidence: 99%