publication . Report . Preprint . 2013

Dynamic Salience with Intermittent Billing: Evidence from Smart Electricity Meters

Ben Gilbert; Joshua S. Graff Zivin;
Open Access
  • Published: 01 Oct 2013
  • Publisher: National Bureau of Economic Research
Abstract
Digital tracking and the proliferation of automated payments have made intermittent billing more commonplace, and the frequency at which consumers receive price, quantity, or total expenditure signals may distort their choices. This category of goods has expanded from household utilities, toll road access and software downloads to standard consumption goods paid by credit card or other "bill-me-later"-type systems. Yet we know surprisingly little about how these payment patterns affect decisions. This paper exploits hourly household electricity consumption data collected by "smart" electricity meters to examine dynamic consumer behavior under intermittent expend...
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Medical Subject Headings: health care economics and organizations
free text keywords: jel:D03, jel:Q4
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