Framing energy choices in consumer decision-making Evidence from a random experiment in Sweden
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More about this item
Keywords
additive and subtractive option framing; experimental design; Markov chain; final state distribution; transition probability; distance from initial model; anchoring;All these keywords.
JEL classification:
- C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
- C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBE-2021-12-20 (Cognitive and Behavioural Economics)
- NEP-ENE-2021-12-20 (Energy Economics)
- NEP-ENV-2021-12-20 (Environmental Economics)
- NEP-EXP-2021-12-20 (Experimental Economics)
- NEP-REG-2021-12-20 (Regulation)
- NEP-UPT-2021-12-20 (Utility Models and Prospect Theory)
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