Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing
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Nonlinear pricing and taxation complicate economic decisions by creating multiple marginal prices for the same good. This paper provides a framework to uncover consumers' perceived price of nonlinear price schedules. I exploit price variation at spatial discontinuities in electricity service areas,
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美国国家经济研究局创建时间：
2012-11-01
