"Nudges" are being widely promoted to encourage energy conservation. We show that while the electricity conservation “nudge” of providing feedback to households on own and peers’ home electricity usage works with liberals, it can backfire with conservatives. Our regression estimates predict that a Democratic household that pays for electricity from renewable sources, that donates to environmental groups, and that lives in a liberal neighborhood reduces its consumption by 3 percent in response to this nudge. A Republican household that does not pay for electricity from renewable sources and that does not donate to environmental groups increases its consumption by 1 percent.
A Philosophical CEO of Anthropic Needs to Study Some Economics
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When the CEO of Anthropic was young, he was thinking about society’s Social
Welfare Function.
He was saying that he would be willing to sacrifice a hu...
3 days ago

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