Can Incentive-Based Pay Increase The Marginal Value Of Public Spending On Energy Efficiency? Experimental Evidence From The Weat.pdf

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Preview of Can Incentive-Based Pay Increase the Marginal Value of Public Spending on Energy Efficiency? Experimental Evidence from the Weat
🔗 Source: conference.nber.org
📊 Size: 555 KB
📄 Pages: 62 pages
⬇️ Downloads: 29

Summary

A field experiment evaluated the impact of performance bonuses on the returns to spending in a large low-income energy efficiency assistance program, finding that performance bonuses increased natural gas savings by 24%, social net benefits from 0.72 to 1.2, and returns from total program spending by 10-20%. The bonuses had outsized impacts among higher-quality contractors, with no evidence of deficiencies in non-incentivized tasks when combined with quality control inspections.

Description

A field experiment evaluated the impact of performance bonuses on the returns to spending in a large low-income energy efficiency assistance program, finding...

Technical Information

  • File Format: PDF
  • File Size: 555 KB
  • Pages: 62
  • Language: EN
  • Total Downloads: 29
  • Last Updated: 2 months ago

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