Individual discount rates and the purchase and utilization of energy-using durables: comment
Journal Article
·
· Bell J. Econ.; (United States)
In an earlier article in the journal (Vol. 10, No. 1, 33 (Spring 1979)) Hausman estimated the implicit discount rate used by air-conditioner buyers in the tradeoff between initial cost and energy usage. Similar estimates for refrigerators yield discount rates from 45 percent to 300%. This raises questions about consumer and producer behavior and weakens certain criticisms of efficiency standards. 2 tables.
- Research Organization:
- New York Univ., NY
- OSTI ID:
- 6473447
- Journal Information:
- Bell J. Econ.; (United States), Journal Name: Bell J. Econ.; (United States) Vol. 11:1; ISSN BJECD
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
298000 -- Energy Planning & Policy-- Consumption & Utilization
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101* -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
AIR CONDITIONERS
CONSUMER PRODUCTS
COST
ECONOMIC ANALYSIS
ECONOMICS
EFFICIENCY
ENERGY ANALYSIS
INTEREST RATE
REFRIGERATORS
290200 -- Energy Planning & Policy-- Economics & Sociology
298000 -- Energy Planning & Policy-- Consumption & Utilization
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101* -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
AIR CONDITIONERS
CONSUMER PRODUCTS
COST
ECONOMIC ANALYSIS
ECONOMICS
EFFICIENCY
ENERGY ANALYSIS
INTEREST RATE
REFRIGERATORS