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Field Before After
Trial End Date April 30, 2026 May 05, 2026
Last Published April 16, 2026 12:05 PM April 16, 2026 03:11 PM
Intervention (Public) Participants take part in an online decision task in which they choose how many units of a product to purchase at a fixed price that reflects a carbon-related charge. Purchasing fewer units is associated with greater environmental benefits. Depending on the treatment group, participants may receive no cash rebate, a guaranteed cash rebate, or a cash rebate that is awarded with a specified probability. The size of the rebate is fixed, but the likelihood of receiving it varies across groups. Participants make decisions in four rounds and receive feedback about outcomes after each decision round, with one round randomly selected to determine their final payoff. Participants take part in an online decision task in which they choose how many units of a product to purchase at a fixed price that reflects a carbon-related charge. Purchasing fewer units is associated with greater environmental benefits. Depending on the treatment group, participants may receive no cash rebate, a guaranteed cash rebate, or a cash rebate that is awarded with a specified probability. The size of the rebate is fixed, but the likelihood of receiving it varies across groups. Participants make decisions in four rounds and receive feedback about outcomes after each decision round, with one round randomly selected to determine their final payoff. In a later amendment to the original five-arm design, we added a sixth treatment arm, the Neutral Pricing Benchmark, in which participants complete an otherwise identical purchase task with the same prices, values, feasible choice set, number of rounds, and payoff structure, but with no mention of carbon emissions, emissions retirement, or rebates.
Intervention End Date April 30, 2026 May 05, 2026
Experimental Design (Public) The study uses a between-subjects experimental design with random assignment to one of five incentive conditions: no rebate, sure rebate, or a probabilistic rebate with a 50%, 25%, or 10% probability. Participants complete a sequence of four decision rounds. In each round, they choose how many units (0–4) of a fictitious consumption good to purchase at a fixed price. Each unit provides a privately induced monetary value to the participant, while consumption is associated with carbon emissions that can be offset by the researchers depending on participants' choices. In rebate conditions, participants are informed that they may receive a monetary rebate linked to the number of units they choose not to consume. The structure of the rebate varies by treatment in terms of the probability with which it is paid. Participants receive feedback after each round about their own choices and the corresponding carbon offset. At the end of the experiment, one round is randomly selected to determine monetary payoffs. Randomization is conducted at the individual level, and all participants face the same price, values, and decision environment aside from the rebate probability. The design allows comparison of choices across incentive conditions and across rounds within individuals. The study uses a between-subjects experimental design with random assignment to one of five incentive conditions: no rebate, sure rebate, or a probabilistic rebate with a 50%, 25%, or 10% probability. Participants complete a sequence of four decision rounds. In each round, they choose how many units (0–4) of a fictitious consumption good to purchase at a fixed price. Each unit provides a privately induced monetary value to the participant, while consumption is associated with carbon emissions that can be offset by the researchers depending on participants' choices. In rebate conditions, participants are informed that they may receive a monetary rebate linked to the number of units they choose not to consume. The structure of the rebate varies by treatment in terms of the probability with which it is paid. Participants receive feedback after each round about their own choices and the corresponding carbon offset. At the end of the experiment, one round is randomly selected to determine monetary payoffs. Randomization is conducted at the individual level, and all participants face the same price, values, and decision environment aside from the rebate probability. The design allows comparison of choices across incentive conditions and across rounds within individuals. In a later amendment, a sixth condition was added: the Neutral Pricing Benchmark.
Sample size (or number of clusters) by treatment arms No rebate (control): 104 participants Sure rebate (100%): 362 participants 50% rebate: 104 participants 25% rebate: 104 participants 10% rebate: 362 participants Total: 1,036 participants Neutral Pricing Benchmark (added in amendment): 104 participants No rebate (control): 104 participants Sure rebate (100%): 362 participants 50% rebate: 104 participants 25% rebate: 104 participants 10% rebate: 362 participants Total: 1,140 participants
Intervention (Hidden) Participants complete an online, incentivized experiment in which they make four repeated consumption decisions under a fixed price that incorporates a carbon-related charge. In each round, participants choose an integer number of units n={0, 1, 2, 3, 4} of a fictitious product. Each unit provides a declining private value: the first unit yields a value of $15, the second unit a value of $14.5, the third unit a value of $14 and the fourth unit a value of $13.5. The price per unit is fixed at $13 in all rounds and treatments. Monetary payoffs in each round are determined by the sum of the private values of the units purchased minus total expenditures. Consumption choices are linked to real environmental consequences. For each unit not consumed, the experimenters commit to retire carbon emission allowances equivalent to 50 pounds of CO2. Thus, if a participant foregoes all four units, 200 pounds of CO2 are retired; if three units are foregone, 150 pounds of CO2 are retired; if two units are foregone, 100 pounds are retired; if one unit is foregone, 50 pounds are retired; and if all four units are purchased, no allowances are retired. These offsets are implemented by the research team upon completion of the study. Participants are randomly assigned to one of several treatment conditions that differ in the presence and structure of a cash rebate. In the no-rebate control condition, participants receive no rebate regardless of their consumption choices. In the sure rebate condition, participants receive a guaranteed rebate of $2 for each unit not consumed. In probabilistic rebate conditions, the per-unit rebate amount remains $2, but it is awarded only with a specified probability. Specifically, participants in the 50% treatment receive the rebate with 50% probability, participants in the 25% treatment receive it with 25% probability, and participants in the 10% treatment receive it with 10% probability. In probabilistic treatments, the rebate lottery is resolved independently at the end of the experiment for the payoff-relevant round. The decision task is repeated for four rounds. To preserve incentive compatibility while limiting total payments, one of the four rounds is randomly selected at the end of the experiment to determine the participant's final payoff. Participants receive feedback after each round about their monetary payoff and the associated carbon offset. All payments are made in real money. In addition to the main decision task, participants complete a short incentivized task to elicit individual risk preferences, as well as a demographic questionnaire. The experimental design allows for a comparison of consumption behavior under guaranteed versus probabilistic rebate schemes and for an assessment of how responses vary systematically with the probability of receiving a rebate, while holding prices and private values constant. Participants complete an online, incentivized experiment in which they make four repeated consumption decisions under a fixed price that incorporates a carbon-related charge. In each round, participants choose an integer number of units n={0, 1, 2, 3, 4} of a fictitious product. Each unit provides a declining private value: the first unit yields a value of $15, the second unit a value of $14.5, the third unit a value of $14 and the fourth unit a value of $13.5. The price per unit is fixed at $13 in all rounds and treatments. Monetary payoffs in each round are determined by the sum of the private values of the units purchased minus total expenditures. Consumption choices are linked to real environmental consequences. For each unit not consumed, the experimenters commit to retire carbon emission allowances equivalent to 50 pounds of CO2. Thus, if a participant foregoes all four units, 200 pounds of CO2 are retired; if three units are foregone, 150 pounds of CO2 are retired; if two units are foregone, 100 pounds are retired; if one unit is foregone, 50 pounds are retired; and if all four units are purchased, no allowances are retired. These offsets are implemented by the research team upon completion of the study. Participants are randomly assigned to one of several treatment conditions that differ in the presence and structure of a cash rebate. In the no-rebate control condition, participants receive no rebate regardless of their consumption choices. In the sure rebate condition, participants receive a guaranteed rebate of $2 for each unit not consumed. In probabilistic rebate conditions, the per-unit rebate amount remains $2, but it is awarded only with a specified probability. Specifically, participants in the 50% treatment receive the rebate with 50% probability, participants in the 25% treatment receive it with 25% probability, and participants in the 10% treatment receive it with 10% probability. In probabilistic treatments, the rebate lottery is resolved independently at the end of the experiment for the payoff-relevant round. The decision task is repeated for four rounds. To preserve incentive compatibility while limiting total payments, one of the four rounds is randomly selected at the end of the experiment to determine the participant's final payoff. Participants receive feedback after each round about their monetary payoff and the associated carbon offset. All payments are made in real money. In addition to the main decision task, participants complete a short incentivized task to elicit individual risk preferences, as well as a demographic questionnaire. The experimental design allows for a comparison of consumption behavior under guaranteed versus probabilistic rebate schemes and for an assessment of how responses vary systematically with the probability of receiving a rebate, while holding prices and private values constant. In a later amendment to the preregistered design, we added a sixth treatment arm: the Neutral Pricing Benchmark. In this treatment, participants complete an otherwise identical decision task with the same prices, values, feasible choice set, number of rounds, and payoff rule, but there is no mention of carbon emissions, emissions retirement, or rebates. Participants are simply told the unit price and the monetary consequences of their choices. This arm was added to provide a benchmark for whether participants choose the privately optimal quantity when environmental content and rebate-related considerations are removed.
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Analysis Plans

Field Before After
Document
carbon_pricing_and_lottery_incentives.pdf
MD5: 34483be95206cfc113e222edcc1191fd
SHA1: d674187ca3ea573060cf457c7a5b49bb6d0c7b6c
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Fields Removed

Analysis Plans

Field Value
Document
carbon_pricing_and_lottery_incentives.pdf
MD5: e7e3af13075f8a0db1bd3db0ff5f03d0
SHA1: 4b9f211d0ddf66af6c08ece37c015d1cf294abdf
Title Sample size calculations
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