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A typical consumer underestimates the benefits of future energy savings and underinvests in energy efficiency, relative to a description of the socially optimal level of energy efficiency. To alleviate this energy-efficiency gap problem, various programs have been implemented. In recent years, many governments have started providing consumers with subsidies on the purchases of eco-friendly products such as hybrid cars and energy efficient appliances. This book conducts a comprehensive analysis of the environmental subsidy programs conducted in Japan and examines their impacts on consumer...

Where does food come from? How is food produced? These days, many consumers express their concern over food credence attributes, including animal rights, contamination risk, fair trade, genetic modification, organic farming, geographic origin, and sustainability, and policymakers, producers, and retailers need to understand how consumers value these attributes for the success of their business. This book summarizes empirical findings on consumer valuation of food attributes, explains policies introduced to meet consumer demand for food credence attributes, and discusses the agenda to...