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Research Seminar: Jesse Burkhardt

February 23 @ 3:15 pm - 5:00 pm

The Division of Economics and Business presents:

Research Seminar: Jesse Burkhardt, Assistant Professor, Colorado State University

Peer Effects in Water Conservation: Evidence from Consumer Migration

Social interactions are widely understood to influence consumer decisions in many choice settings. This paper identifies causal peer effects in water conservation utilizing variation from consumer migration. After using a machine learning approach to classify extremely high-resolution remote sensing data, we show that the water conservation effects can be attributed to peer effects in the diffusion of dry landscaping. We provide evidence that without a price signal, peer effects are muted, highlighting an important relationship between information transmission and prices. These results inform water use policy in many areas of the world threatened by recurring drought conditions.

Information about the research seminar with Jesse Burkhardt

Free and open to the public. Food & drinks will be served.

Details

Date:
February 23
Time:
3:15 pm - 5:00 pm
Event Category:
Event Tags:
,

Organizer

Division of Economics and Business
Phone:
3032733979
Website:
econbus.mines.edu

Other

Room Number
211

Venue

Engineering Hall
816 15th St.
Golden, CO United States
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