My da|ra Login

Detailed view

metadata language: English

Replication data for: Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing

Version
V0
Resource Type
Dataset
Creator
  • Ito, Koichiro
Publication Date
2014-02-01
Description
  • Abstract

    Nonlinear pricing and taxation complicate economic decisions by creating multiple marginal prices for the same good. This paper provides a framework to uncover consumers' perceived price of nonlinear price schedules. I exploit price variation at spatial discontinuities in electricity service areas, where households in the same city experience substantially different nonlinear pricing. Using household-level panel data from administrative records, I find strong evidence that consumers respond to average price rather than marginal or expected marginal price. This suboptimizing behavior makes nonlinear pricing unsuccessful in achieving its policy goal of energy conservation and critically changes the welfare implications of nonlinear pricing.
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/aer.104.2.537 (Text)
Publications
  • Ito, Koichiro. “Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing.” American Economic Review 104, no. 2 (February 2014): 537–63. https://doi.org/10.1257/aer.104.2.537.
    • ID: 10.1257/aer.104.2.537 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Ito, Koichiro (2014): Replication data for: Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112736