Heterogeneous preferences and investments in energy saving measures

Fischbacher, Urs; Schudy, Simeon; Teyssier, Sabrina

Heterogeneous preferences and investments in energy saving measures

Dateien

Fischbacher_2-fdipodzo1yv62.pdfGröße: 1.29 MBDownloads: 5

Datum

2021

Autor:innen

Fischbacher, Urs

Schudy, Simeon

Teyssier, Sabrina

URI (zitierfähiger Link)

http://nbn-resolving.de/urn:nbn:de:bsz:352-2-fdipodzo1yv62

DOI (zitierfähiger Link)

https://doi.org/10.1016/j.reseneeco.2020.101202

Open Access-Veröffentlichung

Open Access Green

Sammlungen

Wirtschaftswissenschaften

Publikationstyp

Zeitschriftenartikel

Publikationsstatus

Published

Zusammenfassung

We investigate whether risk, time, environmental, and social preferences affect single-family homeowners’ investments in the energy efficiency of their house using established experimental measures and questionnaires. We find that homeowners who report to be more risk taking are more likely to have renovated their house. Pro-environmental and future-oriented renovators, i.e. renovators with lower discount factors, live in homes with higher energy efficiency. Pro-social preferences as measured in a dictator game relates positively to the energy quality of renovated houses. Controlling for the energy efficiency of houses, we further find that energy consumption as measured by heating and electricity costs is lower for future-oriented and pro-environmental individuals.

Fachgebiet (DDC)

330 Wirtschaft

Zitieren

ISO 690

FISCHBACHER, Urs, Simeon SCHUDY, Sabrina TEYSSIER, 2021. Heterogeneous preferences and investments in energy saving measures. In: Resource and Energy Economics. Elsevier. 2021, 63, 101202. ISSN 0928-7655. eISSN 1873-0221. Available under: doi: 10.1016/j.reseneeco.2020.101202

BibTex

@article{Fischbacher2021Heter-53358,
  year={2021},
  doi={10.1016/j.reseneeco.2020.101202},
  title={Heterogeneous preferences and investments in energy saving measures},
  volume={63},
  issn={0928-7655},
  journal={Resource and Energy Economics},
  author={Fischbacher, Urs and Schudy, Simeon and Teyssier, Sabrina},
  note={Article Number: 101202}
}

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Universitätsbibliographie

Ja

Begutachtet

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