Assessing the Energy-Efficiency Gap

Gerarden, Todd; Newell, Richard G.; Stavins, Robert N.

doi:10.1257/jel.20161360

Cited by 299 publications

(135 citation statements)

References 233 publications

Supporting

Mentioning

105

Contrasting

Unclassified

Order By: Relevance

“…C is the coefficient for a time variable t which accounts for any variation of the hazard rate with time: next to policy incentives, increased information spillovers from peers (Gerarden et al, 2015) can accelerate (or curb in case of negative feedback from peers) investments throughout time. Note that left censored adoptions are included in the first time interval since the estimation bias is lower than excluding them from the analysis (Cain et al, 2011).…”

Section: Methodsmentioning

confidence: 99%

“…Several lines of evidence suggest that households tend to underinvest in energy efficiency because the negative externalities of energy use (i.e. environmental pollution and health costs) are not sufficiently internalised in energy prices, keeping energy prices too low (Allcott & Greenstone, 2012;Gerarden et al, 2015;Ramos et al, 2015). It has been further argued that the lack of information about energy-efficient technology and the own energy consumption might detain households of investing in energy efficiency (Allcott & Rogers, 2014;Group, 2013).…”

Section: Literature Reviewmentioning

confidence: 99%

“…While existing research has recognised the critical role of market barriers for the observed reluctance, such as informational and capital constraints (Gerarden et al, 2015;Jaffe & Stavins, 1994), possible behavioural explanations are still relatively unexplored (Stern et al, 2016). …”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

The Personality Profiles of Early Adopters of Energy-Efficient Technology

Busic

Fuerst

2017

SSRN Journal

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in SOEPpapers on Multidisciplinary Panel Data Research at DIW BerlinThis series presents research findings based either directly on data from the German SocioEconomic Panel study (SOEP) or using SOEP data as part of an internationally comparable data set (e.g. CNEF, ECHP, LIS, LWS, CHER/PACO). SOEP is a truly multidisciplinary household panel study covering a wide range of social and behavioral sciences: economics, sociology, psychology, survey methodology, econometrics and applied statistics, educational science, political science, public health, behavioral genetics, demography, geography, and sport science.The decision to publish a submission in SOEPpapers is made by a board of editors chosen by the DIW Berlin to represent the wide range of disciplines covered by SOEP. There is no external referee process and papers are either accepted or rejected without revision. Papers appear in this series as works in progress and may also appear elsewhere. They often represent preliminary studies and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be requested from the author directly.Any opinions expressed in this series are those of the author(s) and not those of DIW Berlin.Research disseminated by DIW Berlin may include views on public policy issues, but the institute itself takes no institutional policy positions. likely to do so. Splitting the energy efficiency investments into two groups yields stronger effects of the same two personality traits for window modernisations and thermal insulation installations, whereas no impact of the personality traits is observed for solar energy and other alternative energy systems, possibly because subsidies for the latter were introduced much earlier in Germany, overriding any effects of personality traits in the investment decisions.These findings may also suggest that personality traits are of greater significance for marginal investors.

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

The Personality Profiles of Early Adopters of Energy-Efficient Technology

Busic

Fuerst

2017

SSRN Journal

View full text Add to dashboard Cite

show abstract

“…Siguiendo a Gerarden et al (2015), la así denominada paradoja de la energía se define como aquella realidad según la cual algunas tecnologías eficientes en energía, que resultarían teóricamente beneficiosas para aquellos que las adoptaran, pese a ello no son adoptadas, lo que se relaciona primariamente con la cuestión de la búsqueda del óptimo privado.…”

Section: Un Marco Conceptual Para El Impulso a La Eficiencia Energéticaunclassified

“…La brecha de EE se define como aquella realidad por la cual tecnologías eficientes en energía, que serían socialmente eficientes, no son adoptadas, lo que se relaciona con el óptimo social (Gerarden et al, 2015).…”

Section: Un Marco Conceptual Para El Impulso a La Eficiencia Energéticaunclassified