Using loss aversion to incentivize energy efficiency in a principal–agent context — Evidence from a field experiment
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DOI: 10.1016/j.econlet.2020.108984
Abstract: Abstract Promoting energy-efficient behavior of agents in a principal–agent context simultaneously decreases costs for firms and mitigates CO2 emissions. Along this line, we analyze the effect of incentive framing on energy-efficient driving behavior. Our results… read more here.
Keywords: energy; using loss; principal agent; loss aversion ... See more keywords