Existing studies have focused on the impact of inefficient resource allocation on energy performance in China's factor market, but neglected to explore the underlying reason from the perspective of market segmentation. In this paper, the epsilon-based measure model and price index method are...

This paper fills the gaps in cognitive process understanding of human behaviors between future gasoline price perception and the willingness to purchase hybrid vehicles. How consumers form future gasoline price beliefs and its impacts on decision making process is underexplored in literature....

The rebound effect is a well-known behavioral response whereby potential energy savings from efficiency improvements are partially offset by increased consumption of energy services, as the marginal cost of energy services is reduced. This paper characterizes a similar rebound effect related to...

Do consumers value the fuel economy of cars? In this paper we examine this question, taking advantage of the recent introduction of hybrid and battery-electric vehicles, which promise to reduce the use of fossil fuels in road transport, and hence carbon emissions and dependence on oil imports....

Energy labels have been introduced in many countries to increase consumers' attention to energy use in purchase decisions of durables. In a discrete-choice experiment among about 5,000 households, we implement randomized information treatments to explore the effects of various kinds of energy...

Energy intensity in the OECD manufacturing sector has been falling since the oil crises in the 1970s. Studies in energy intensity identified that spatial considerations are important, and there exists a great deal of heterogeneity in energy intensities amongst countries and sectors. This paper...

This paper investigates the economy-wide impacts of a 5% improvement in Scottish household energy efficiency, focussing specifically on general equilibrium energy rebound effects, both in household energy use and in total energy use across the Scottish economy. The impacts are measured through...

Information provision is a key element of government energy-efficiency policy, but the information that is provided is often too coarse to allow consumers to make efficient decisions. An important example is the ubiquitous yellow “EnergyGuide” label, which is required by law to be displayed...

This paper provides the first empirical evidence of the impact of Time-Of-Use (TOU) electricity pricing on the adoption of energy efficient appliances and solar panels. A theoretical model is constructed to show that TOU customers have a larger incentive to adopt these technologies compared to...

Economists have long noted that improving energy e fficiency could lead to a rebound eff ect, reducing or possibly even eliminating the energy savings from the effi ciency improvement. Yet there are important nuances in the microeconomic theory of the rebound eff ect that have not been explored....