Host Daniel Raimi talks with Joshua Blonz, a postdoctoral fellow at RFF, about his recent research on an energy efficiency program in California. They discuss the goals of the program and its outcomes, which are not always good, because of something economists like to call the “principal-agent problem.” Joshua will describe what that means for policymaking on energy efficiency and much more.
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References and recommendations made by Joshua Blonz:
- The Welfare Costs of Misaligned Incentives: Energy Inefficiency and the Principal-Agent Problem by Joshua Blonz
- Lyft Doesn’t Cause Congestion, All Vehicles Do by Severin Borenstein
The views expressed in RFF blog posts are those of the authors and should not be attributed to Resources for the Future.