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Cited by 565

The DOI matches its Crossref record; 41 of the 41 references it cites were found in a registry or an index.

Knowledge is (Less) Power: Experimental Evidence from Residential Energy Use

Jessoe, Katrina, Rapson, David·2014·American Economic Review

Abstract

Imperfect information about product attributes inhibits efficiency in many choice settings, but can be overcome by providing simple, low-cost information. We use a randomized control trial to test the effect of high-frequency information about residential electricity usage on the price elasticity of demand. Informed households are three standard deviations more responsive to temporary price increases, an effect that is not attributable to price salience. Conservation extends beyond pricing events in the short and medium run, providing evidence of habit formation and implying that the intervention leads to greenhouse gas abatement. Survey evidence suggests that information facilitates learning. (JEL D12, D83, L11, L94, Q41, Q54)

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Metadata

Authors
Jessoe, K., & Rapson, D.
Venue
American Economic Review
Published
2014-04-01
Volume
104
Issue
4
Pages
1417-1438
ISSN
0002-8282 (ISSN-L)
OpenAlex
W3121780682
Cited by
565
References
41
FWCI
15.28
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Knowledge is (Less) Power: Experimental Evidence from Residential Energy Use. https://app.cochat.ai/papers/10.1257/aer.104.4.1417
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Jessoe, K., & Rapson, D. (2014). Knowledge is (Less) Power: Experimental Evidence from Residential Energy Use. American Economic Review. https://doi.org/10.1257/aer.104.4.1417

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.