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Voluntarism and price response: consumer reaction to the energy shortage

Journal Article · · Bell J. Econ.; (United States)
DOI:https://doi.org/10.2307/3003204· OSTI ID:6450685
This paper examines data, from a sample of of winter 1973 to 1974 households using natural gas and liquid petroleum gas for heating, over a three-year period to test the hypothesis that something more than a national conservation program is needed to create desired changes in consumption patterns. The results show that the national conservation ethic was not an effective inducement to change significantly household fuel-use efficiency. Households did make significant adjustments when, in addition to the conservation policy, they confronted higher prices. 2 figures, 1 table. (DP)
Research Organization:
Purdue Univ., Lafayette, IN
OSTI ID:
6450685
Journal Information:
Bell J. Econ.; (United States), Journal Name: Bell J. Econ.; (United States) Vol. 7:1; ISSN BJECD
Country of Publication:
United States
Language:
English