Moral Suasion and Economic Incentives: Field Experimental Evidence from Energy Demand
通过随机分配家庭接受道德劝说或动态定价,研究发现道德劝说效果随重复干预递减但可通过间隔恢复,而经济激励效果更大且持久,形成习惯。
Firms and governments often use moral suasion and economic incentives to influence intrinsic and extrinsic motivations for economic activities. To investigate persistence of such interventions, we randomly assign households to moral suasion and dynamic pricing that stimulate energy conservation during peak-demand hours. We find significant habituation and dishabituation for moral suasion—the treatment effect diminishes after repeated interventions but can be restored to the original level by a sufficient time interval between interventions. Economic incentives induce larger treatment effects, little habituation, and significant habit formation. Our results suggest moral suasion and economic incentives produce substantially different short-run and long-run policy impacts.