Corpus ID: 16655775

Welfare Effects of Home Automation Technology with Dynamic Pricing

  title={Welfare Effects of Home Automation Technology with Dynamic Pricing},
  author={Bryan Bollinger and W. Hartmann},
  • Bryan Bollinger, W. Hartmann
  • Published 2015
  • Economics
  • A fixed cost investment in home automation technology can eliminate consumers' marginal costs of responding to changing demand conditions. We estimate the welfare effects of a home automation technology using a field experiment run by a large electric utility that randomly assigned both a technology and price treatment. Average treatment effects reveal that the home automation technology reduces demand more than twice as much as an alternative technology that only informs consumers of price… CONTINUE READING
    13 Citations
    Experimental Evaluation of Residential Demand Response in California
    • 1
    Estimating Treatment Effects of a Residential Demand Response Program Using Non-experimental Data
    • 6
    • PDF
    Estimation and Targeting of Residential Households for Hour-Ahead Demand Response Interventions – A Case Study in California
    • 1
    Estimating Heterogeneous Treatment Effects in Residential Demand Response
    • 1
    Peaking Interest: How Awareness Drives the Effectiveness of Time-of-Use Electricity Pricing
    • Brian C. Prest
    • Economics, Business
    • Journal of the Association of Environmental and Resource Economists
    • 2020
    • 9
    • PDF
    New Tools for Econometric Analysis of High-Frequency Time Series Data - Application to Demand-Side Management in Electricity Markets
    • 7
    • Highly Influenced
    • PDF
    Causal Tree Estimation of Heterogeneous Household Response to Time-Of-Use Electricity Pricing Schemes
    • 7
    • PDF


    Rethinking Real Time Electricity Pricing
    • 357
    • Highly Influential
    • PDF
    The impact of search costs on consumer behavior: A dynamic approach
    • 134
    • PDF
    Conditional Choice Probabilities and the Estimation of Dynamic Models
    • 964
    • PDF
    Estimating Dynamic Models of Imperfect Competition
    • 724
    • PDF
    Bootstrap Tests for Distributional Treatment Effects in Instrumental Variable Models
    • 554
    • PDF
    The central role of the propensity score in observational studies for causal effects
    • 22,242
    • PDF
    Bayesian Statistics and Marketing
    • 1,363
    • PDF