Dynamic Corrective Taxes with Time-Varying Salience

Abstract

van 't Veld, and numerous seminar participants for helpful comments. Any errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.

‘Pay-Later’ vs. ‘Pay-as-You-Go’: Experimental Evidence on Present-Biased Overconsumption and the Importance of Timing

“…Other studies in the domain of energy billing have focused on information and saliency effects of receiving a bill(Gilbert and Zivin 2014, Sexton 2015, Grubb and Osborne 2015, Wichman 2017, Gilbert and Zivin 2020.3 SeeBeshears et al (2018) for an extensive overview on the behavioral finance literature.…”