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Regulating Internalities / Hunt Allcott, Cass R. Sunstein.
- Format:
- Book
- Author/Creator:
- Allcott, Hunt.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w21187.
- NBER working paper series no. w21187
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2015.
- Summary:
- This paper offers a framework for regulating internalities. Using a simple economic model, we provide four principles for designing and evaluating behaviorally-motivated policy. We then outline rules for determining which contexts reliably reflect true preferences and discuss empirical strategies for measuring internalities. As a case study, we focus on energy efficiency policy, including Corporate Average Fuel Economy (CAFE) standards and appliance and lighting energy efficiency standards.
- Notes:
- Print version record
- May 2015.
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