What Mechanism Drives Valuation Of Fuel Savings Over Time? Testing Concentration Bias Against Systematic Error In Intuitive Summation Using A Willingness-to-pay Experiment - Info and Reading Options
By Féidhlim McGowan
“What Mechanism Drives Valuation Of Fuel Savings Over Time? Testing Concentration Bias Against Systematic Error In Intuitive Summation Using A Willingness-to-pay Experiment” Metadata:
- Title: ➤ What Mechanism Drives Valuation Of Fuel Savings Over Time? Testing Concentration Bias Against Systematic Error In Intuitive Summation Using A Willingness-to-pay Experiment
- Author: Féidhlim McGowan
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- Internet Archive ID: osf-registrations-bx2dk-v1
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This willingness-to-pay experiment tests between two candidate mechanisms underlying the undervaluation of monetary savings over time from higher energy efficiency, a phenomenon called 'the energy paradox'. One mechanism is a utility-weighting based concept of concentration bias. The other mechanism is a tendency towards underestimation when performing intuitive summation. The framing of the monetary savings from a car with lower running costs, and the framing of the additional payment for this car, is manipulated between-subjects. The mechanisms make different predictions regarding the pattern of results between framing conditions.
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"What Mechanism Drives Valuation Of Fuel Savings Over Time? Testing Concentration Bias Against Systematic Error In Intuitive Summation Using A Willingness-to-pay Experiment" is available for download from The Internet Archive in "data" format, the size of the file-s is: 0.44 Mbs, and the file-s went public at Wed Sep 08 2021.
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- Added Date: 2021-09-08 17:07:42
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