Template-Type: ReDIF-Paper 1.0 Title: Real-Time Feedback and Social Comparison Reports Impact Resource Use and Welfare: Evidence From a Field Experiment Author-Name: Mark A. Andor Author-Email: andor@rwi-essen.de Author-Name: Lorenz Goette Author-Email: ecslfg@nus.edu.sg Author-Name: Michael K. Price Author-Email: mkprice2@ua.edu Author-Name: Anna Schulze-Tilling Author-Email: schulzetilling@uni-bonn.de Author-Name: Lukas Tomberg Author-Email: lukas.tomberg@rwi-essen.de Classification-JEL: D12, C93, Q25 Keywords: Resource Conservation, Welfare, Real-time Feedback, Social Comparison, Behavioral Intervention, Field Experiment Abstract: We compare the behavior and welfare effects of two popular behavioral interventions for resource conservation. The first intervention is social comparison reports (SC), primarily providing consumers with information motivating behavioral change. The second intervention is real-time feedback (RTF), primarily providing consumers with information facilitating behavioral change. In a field experiment with around 1,000 participants, SC reduces water and energy use per shower by 9.4%, RTF by 28.8%, and the combination of both interventions by 35.0%. Participants’ willingness to pay for RTF and the combination is higher than for SC. We find that all interventions enhance welfare. Note: Length: 68 Creation-Date: 2025-02 Revision-Date: File-URL: https://www.crctr224.de/research/discussion-papers/archive/dp651 File-Format: application/pdf Handle: RePEc:bon:boncrc:CRCTR224_2025_651