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Behavioural Control in Resource Conservation

Resource consumption creates societal problems at many levels: pollution of the environment leads to economic and social costs from health consequences, and scarcity of resources fuel regional tensions and conflicts. A key problem in resource consumption is the lack of visibility and behavioural control of resource use by households as they engage in their daily behaviours. In this talk, I provide an overview of the research that tries to restore visibility and behavioural control by providing individuals with real-time feedback on resource consumption. I present evidence from a large scale field experiment that allows one to understand the behavioural mechanisms behind the observed conservation efforts. We find that behavioural control plays a large role, while imperfect information about one’s energy use plays a very small role.
Seminar Room 3-5,
Manasseh Meyer,
Lee Kuan Yew School of Public Policy,
469C Bukit Timah Road,
Singapore 259772
Mon 15 May 2017
12:15 PM - 01:30 PM

Prof. Lorenz Goette

Prof. Lorenz Goette

Full Professor, Department of Economics, University of Bonn and Director of the Doctoral Program in Behavioral Economics and Experimental Research of the Conférence des universités de la suisse occidentale

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Prof. Chen Kang

Prof. Chen Kang

Director (MPAM and Chinese Executive Education) and Professor, Lee Kuan Yew School of Public Policy, National University of Singapore