Effects of Mandatory Energy Efficiency Disclosure in Housing Markets
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Date
2020-02-25
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Private Enterprise Research Center, Texas A&M University
Abstract
Policymakers are increasingly using mandated information disclosures as a way to increase market efficiency by providing information on quality to buyers. In the housing market in Austin, Texas, home sellers are required to perform a standardized energy audit and provide home efficiency information to prospective buyers. In working paper 1916, Steven Puller, PERC’s Professor of Free Enterprise, along with coauthors Erica Myers and Jeremy West investigate whether the audit and disclosure policies mandated by the City of Austin have the intended effect of improving the energy efficiency quality of homes. To read a summary of this working paper in the Winter 2020 issue of PERCspectives on Research, click on View or Download below.
Description
HealthCare
Keywords
PERCspectives on Research, disclosure, audit, energy efficiency, real estate, HealthCare