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price on the market share of energy efficient refrigerators -- representing energy savings of 15-20% as compared to standard … result if the U.S. implemented a price on carbon, thereby increasing the price of electricity and the market share of energy … efficient appliances. We find a price elasticity of demand of between 0.16 and 0.26, a relatively small response and smaller …
Persistent link: https://www.econbiz.de/10014145501
energy price beliefs. By running an artefactual field experiment with a representative sample of 711 participants, we gather …-consistent discounting. Our results further suggest that neither the true marginal electricity price nor the expected marginal electricity … price can predict electricity consumption. Taken together our results raise doubt in the effectiveness of classical price …
Persistent link: https://www.econbiz.de/10012025609
Reducing energy consumption has important implications for the sustainable development of society, but this consideration has become more stringent in the actual geopolitical context. Following the strategic directions established by the European Green Pact and NextGenerationEU, a concrete...
Persistent link: https://www.econbiz.de/10014464330
We develop a new approach to the decomposition of income risk within a non- stationary model of intertemporal choice … of persistent and transitory components in the dynamic process for income. We fo- cus on what can be learned from … environment is used to show the robustness of the method for decomposing income risk. The approach is used to investigate the …
Persistent link: https://www.econbiz.de/10011756856
This paper approaches the transition process to the bioeconomy from consumers’ perspective and their attitudes to decision-making process regarding the use of renewable energy systems in households. The article contributes to the literature by introducing a new challenge: identifying and...
Persistent link: https://www.econbiz.de/10011979762
Residential heating accounts for almost one-fifth of Germany’s final energy consumption. This report evaluates an extensive database of heating bills for buildings with two or more apartments, representing more than two-thirds of the total housing stock in Germany. Despite commitments to...
Persistent link: https://www.econbiz.de/10012064247
Residential heating is responsible for one-fifth of Germany’s energy consumption. Heating costs were around 562 euros per year for an average apartment in 2016, which is more than a 13th month’s rent minus heating costs (Kaltmiete). These are the findings of the 2016 Heat Monitor, published...
Persistent link: https://www.econbiz.de/10011729546
house price movements reasonably. However, in the rental segment, the value of future energy cost savings exceeds tenants …
Persistent link: https://www.econbiz.de/10010374139
ownership, income, social context and households’ information. Indeed, home owners and high-income households are more likely to … invest than renters and low-income households. On the other hand, social context, such as membership in an environmental non …
Persistent link: https://www.econbiz.de/10010464907
Are efficiency improvements in the use of natural resources the key for sustainable development, are they the solution to environmental problems, or will second round effects - so-called rebound effects - compensate or even overcompensate potential savings, will they fire back? The answer to...
Persistent link: https://www.econbiz.de/10003882199