The cost-effectiveness of energy technology upgrade programs critically depends on free riding. This paper assesses ex ante the effects of free riding on the cost-effectiveness of a rebate program that promotes the adoption of energy-efficient heating systems, relying on contingent valuation...

This paper empirically and jointly analyses the relations between risk aversion, standard time discounting, present bias, and loss aversion and household stated adoption of low to high stake energy efficiency technologies (EETs) (light emitting diodes (LEDs), energy efficient appliances, and...

This paper empirically and jointly analyses the relations between risk aversion, standard time discounting, present bias, and loss aversion and household stated adoption of low to high stake energy efficiency technologies (EETs) (light emitting diodes (LEDs), energy efficient appliances, and...

The cost-effectiveness of energy technology upgrade programs critically depends on free riding. This paper assesses ex ante the effects of free riding on the cost-effectiveness of a rebate program that promotes the adoption of energy-efficient heating systems, relying on contingent valuation...

The rebound effect denotes an offset in energy savings that occurs when an individual increases consumption of a good or service following an increase in its efficiency. It has both economic and psychological underpinnings: In addition to the price, income and substitution effects emphasized by...

Der Rebound-Effekt kann sowohl ökonomische als auch psychologische Ursachen haben. Zusätzlich zu den von Ökonomen herausgestellten Preis-, Einkommens-, und Substitutionseffekten weisen Psychologen auf den Einfluss von Moral Licensing hin. Dabei handelt es sich um einen kognitiven Vorgang, bei...

This paper explores the incentives for energy efficiency induced by the European Union Emissions Trading Scheme (EU ETS) for installations in the energy and industry sectors. Our analysis of the National Allocation Plans for 27 EU Member States for phase 2 of the EU ETS (2008-2012) suggests that...

This paper quantifies the direct rebound effects associated with the switch from incandescent lamps (ILs) or halogen bulbs to more energy efficient compact fluorescent lamps (CFLs) or light emitting diodes (LEDs) using a large nationally representative survey of German households. The direct...

Implicit discount rates (IDRs) are employed in energy models to capture household investment decisions, yet the factors behind the IDR and their respective implications for policy-making usually remain blurred and fractional. The proposed comprehensive framework distinguishes three broad...

Public acceptability appears an essential condition for the success of lowcarbon transition policies. In this paper, we investigate the role of self-interest on citizens' preferences for the distribution of costs and of environmental benefits of energy efficiency policies. Using a discrete...