Default Effect versus Active Decision: Evidence from a Field Experiment in Los Alamos
Default Effect versus Active Decision: Evidence from a Field Experiment in Los Alamos
复制标题
默认效应与主动决策:来自洛斯阿拉莫斯现场实验的证据
DOI:
10.1016/j.euroecorev.2020.103498
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发表时间:
2020
影响因子:
2.8
通讯作者:
and H. Shimada (2020) “,” vol.
中科院分区:
文献类型:
--
作者:
Wang;W.;T. Ida;and H. Shimada (2020) “,” vol.
We examine how consumers respond to distinct combinations of preset defaults and subsequent economic incentives. A randomised controlled trial is implemented to investigate the demand reduction performance of two electricity pricing programmes: opt-in and opt-out critical peak pricing. Both the intention-to-treat and the treatment-on-the-treated are more pronounced for customers assigned to the opt-in group, and the opt-in treatment effects are relatively more persistent over repeated interventions. This result suggests that the opt-in type active enrolment itself had an impact on customers’ subsequent behaviour and made them more responsive to the treatment interventions. Moreover, only the opt-in treatment has significant effects beyond the treatment time window. Our results, therefore, highlight the important difference between an active and a passive decision-making process. We also estimate a marginal treatment effect model to inform the external validity of our experiment.