Melanie Craxton is a Ph.D. student in the Department of Management Science & Engineering at Stanford University.

RESEARCH AREA: Energy Policy

DISSERTATION TITLE: The Economics of Information in Household Energy Consumption Decisions: A Behavioural Approach

Economists have only just started to scratch the surface of the intersection of behavioural economics and its implications for consumer behaviour and policy in the energy space. Melanie's dissertation work aims to bring insights from the former literature into considerations of the latter. Specifically, her dissertation focuses on consumers' perception, or misperception. of information, such as costs or prices, that lead them to behave sub-optimally in traditional economic terms, particularly when understanding decisions related to energy consumption. Specific focus is given to California's Net Metering policy for rooftop solar production and household purchases of energy-consuming durable goods (i.e. appliances).

Stanford Advisors

All Publications

  • CLIMATE ECONOMICS. Opportunities for advances in climate change economics. Science Burke, M., Craxton, M., Kolstad, C. D., ONDA, C., Allcott, H., Baker, E., Barrage, L., Carson, R., Gillingham, K., Graff-Zivin, J., Greenstone, M., Hallegatte, S., Hanemann, W. M., Heal, G., Hsiang, S., Jones, B., Kelly, D. L., Kopp, R., Kotchen, M., Mendelsohn, R., Meng, K., METCALF, G., Moreno-Cruz, J., Pindyck, R., Rose, S., Rudik, I., Stock, J., Tol, R. S. 2016; 352 (6283): 292-293

    View details for DOI 10.1126/science.aad9634

    View details for PubMedID 27081055