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The Electric Gini: Income Redistribution Through Energy Prices

open access: yesAmerican Economic Journal: Economic Policy, 2019
In theory, regulators concerned about inequality will deviate from efficient two-part tariffs, charging lower-than-efficient fixed monthly fees and higher-than-efficient per-kilowatt-hour prices. To quantify that relationship, we develop a measure of the
Arik Levinson, Emilson Delfino Silva
semanticscholar   +1 more source
Some of the next articles are maybe not open access.

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Energy saving may kill : evidence from the fukushima nuclear accident

American Economic Journal: Applied Economics, 2023
Following the Fukushima nuclear accident, Japan gradually shut down all its nuclear power plants, causing a countrywide power shortage. In response the government launched large-scale energy-saving campaigns to reduce electricity consumption.
Takanao Tanaka
semanticscholar   +1 more source

Alert the Inert? Switching Costs and Limited Awareness in Retail Electricity Markets

American Economic Journal: Microeconomics, 2023
We quantify how switching costs and limited awareness affect consumer inertia in liberalized retail electricity markets by developing and estimating a structural demand model using a novel dataset on electricity contract choices in Belgium.
Luisa Dressler, Stefan Weiergraeber
semanticscholar   +1 more source

The Costs of Misaligned Incentives: Energy Inefficiency and the Principal-Agent Problem

American Economic Journal: Economic Policy, 2023
In many settings, misaligned incentives and inadequate monitoring lead employees to take self-interested actions. This paper identifies and quantifies the costs of this principal-agent problem in the context of an energy efficiency appliance replacement ...
Joshua A. Blonz
semanticscholar   +1 more source

Smart Thermostats, Automation, and Time-Varying Prices

American Economic Journal: Applied Economics
Can automation complement economic incentives? We explore this question by randomly encouraging households to activate a feature on their existing smart thermostat that automates responsiveness to time-of-use electricity pricing.
Joshua A. Blonz   +3 more
semanticscholar   +1 more source

Power Flows: Transmission Lines, Allocative Efficiency, and Corporate Profits

The American Economic Review
Accelerated investment in electricity transmission could reduce total costs and enhance renewable integration. I document static allocative inefficiencies induced by incomplete market integration in 2 major US markets; these have risen over time and ...
Catherine Hausman
semanticscholar   +1 more source

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