Fig. 3: Aggregate information treatment effects with differentiated affectedness effect according to temperature percentiles of expectations.

Dotted lines refer to statistically insignificant regression results, solid lines refer to statistically significant regression results (both at the 95% confidence level). Energy Cost Share is included as a control variable; models without Energy Cost Share are included in Figure A4, Supplementary Information. To make effect sizes comparable with dummy variables we present the coefficients for Energy Cost Share evaluated at its mean. Results are robust to applying more conservative multiple hypothesis testing rejection criteria, accounting for the fact that the analyses involve testing multiple null hypotheses simultaneously (see Figure A5, Supplementary Information).