Arbeitspapier
The (Alleged) Environmental and Social Benefits of Dynamic Pricing
This paper provides a cautionary tale about claiming environmental costs and benefits when justifying the use of public funds. Using the example of a dynamic pricing policy, we show that the resulting impact on short-term operating costs and emissions is at best ambiguous. Moreover, it is hard to quantify even in ideal scenarios where data is plentiful and the behavioral response can be estimated precisely using a randomized control trial of customers of an electric utility. While dynamic pricing has been touted as a means to control generation costs and pollution, price-induced reallocation of electricity consumption within a day may actually increase net emissions depending on the source-generation mix of a region.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 14846
- Klassifikation
-
Wirtschaft
Consumer Economics: Empirical Analysis
Production, Pricing, and Market Structure; Size Distribution of Firms
Electric Utilities
Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
Environmental Economics: Government Policy
- Thema
-
dynamic pricing
randomized experiment
load shifting
air pollution
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Harding, Matthew
Kettler, Kyle
Lamarche, Carlos
Ma, Lala
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Harding, Matthew
- Kettler, Kyle
- Lamarche, Carlos
- Ma, Lala
- Institute of Labor Economics (IZA)
Entstanden
- 2021
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