Customer concerns about uncertainty and willingness to pay in leasing solar power systems

Shih, Li-Hsing; Chou, Tse-Yuen

doi:10.1007/bf03326238

Cited by 42 publications

(21 citation statements)

References 35 publications

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“…The waste management services are often under priced or non-priced because the economic benefits are not easily inferred from ordinary market (Anaman and Jair 2000). The economic benefits of waste management services are typically estimated by non-market valuation method such as the contingent valuation (Mitchell and Carson 1989;Loomis 1993;Bishop et al 1995;Ezebilo 2010;Carson 2004;Ezebilo et al 2010;Shih and Chou 2011;Imandoust and Gadam (2007). It uses survey questions to elicit people's preferences for non-market goods by asking them how much they would be willing to pay for specified improvements or to avoid decrements in them (Mitchell and Carson 1989).…”

Section: Introductionmentioning

confidence: 99%

Willingness to pay for improved residential waste management in a developing country

Ezebilo

2013

Int. J. Environ. Sci. Technol.

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In most developing countries policies and frameworks that govern solid waste management strategies have often been directed at the waste management service providers and less attention is often given to the demand side of the problem. This paper reports a study regarding householders' willingness to pay for improved residential solid waste management. The data for the study originated from a contingent valuation survey that was conducted in 236 households in Ilorin city in Kwara State, Nigeria. A binary logit model was used to account for some factors influencing the respondents' willingness to pay. The results show that more than 80 % of the respondents were in support of the residential waste management. The respondents were willing to pay an average of 3,660 Nigerian Naira (US $24) each year. Income, education, dwelling type and whether the respondent is satisfied with private sector participation in provision of waste management service positively influenced the respondents' willingness to pay. The price, gender, household size and activities of sanitary inspectors had negative influence. The findings from this study could contribute to the knowledge regarding the design of a more sustainable residential waste management strategy in Nigeria and other countries that have similar conditions.

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Section: Introductionmentioning

confidence: 99%

Willingness to pay for improved residential waste management in a developing country

Ezebilo

2013

Int. J. Environ. Sci. Technol.

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“…By leasing a solar power system, consumers can get electricity without actually owning it for more than 20 years, and the risk due to uncertainties is thus shared by the service providers and consumers. If market installation increases due to leasing, it may be a good example of product service system implementation in the renewable energy area [20]. Although solar power systems are considered as one of the most promising renewable energy sources, some uncertain factors, as well as the high cost could be barriers that create consumer resistance.…”

Section: Rental Servicementioning

confidence: 99%

“…Leasing instead of purchasing, as one type of product service system, could be an option to reduce consumer concern with respect to such issues. Shih and Chou [20] focused on consumer concerns about uncertainty and willingness to pay for leasing solar power systems. People that are concerned with sustainability tend to pay more for a shorter lease time.…”

Section: Rental Servicementioning

confidence: 99%

Sustainable Rent-Based Closed-Loop Supply Chain for Fashion Products

Chen

et al. 2014

Sustainability

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Abstract:The textile and clothing industry generates much pollution and consumes a large amount of resources. Improper uses and disposal of clothing products make the problems much more severe. Fast fashion products shorten the valid lifecycle and generate more waste than regular clothing products. Considering the features of fashion products, a system of a rent-based closed-loop supply chain is developed to improve the sustainability of fashion products. The supply chain processes (fashion design and manufacturing, laundry, logistics and disposal), the operations management issues (inventory management, closed-loop logistics, human-clothing matching, booking system and the rental pricing) and the sustainability promotion aspects (customization, responsive system, culture and policy aspects) are investigated by devising sustainable strategies. The rationalities of the developed system and strategies are reviewed and elucidated in detail. The results may contribute to building sustainable closed-loop fashion supply chains, the related information systems and operational and managerial mechanisms.

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“…The goal of this paper is to compare the effect of passive and interactive information campaigns on the antecedents of behavior. We address this goal using the context of solar energy adoption, where information gaps, technological advances, anchored perceptions of solar as expensive, and rapid changes in solar costs and available incentive and financing options present a wealth of dynamic information that can be challenging to navigate [4,[9][10][11][12][13]. Additionally, the visibility of solar photovoltaic (PV) and single, unambiguous behavioral action (installed or not installed) is particularly well suited for study.…”

Section: Introductionmentioning

confidence: 99%

Small is Big: Interactive Trumps Passive Information in Breaking Information Barriers and Impacting Behavioral Antecedents

2016

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The wealth of information available on seemingly every topic creates a considerable challenge both for information providers trying to rise above the noise and discerning individuals trying to find relevant, trustworthy information. We approach this information problem by investigating how passive versus interactive information interventions can impact the antecedents of behavior change using the context of solar energy adoption, where persistent information gaps are known to reduce market potential. We use two experiments to investigate the impact of both passive and interactive approaches to information delivery on the antecedents (attitudes, subjective norms, and perceived behavioral control in the Theory of Planned Behavior) of intentions and behavior, as well as their effect on intentions and behavior directly. The passive information randomized control trial delivered via Amazon Mechanical Turk tests the effectiveness of delivering the same content in a single message versus multiple shorter messages. The interactive information delivery uses an online (mobile and PC) trivia-style gamification platform. Both experiments use the same content and are carried out over a two-week time period. Our findings suggest that interactive, gamified information has greater impact than passive information, and that shorter multiple messages of passive information are more effective than a single passive message.

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Customer concerns about uncertainty and willingness to pay in leasing solar power systems

Cited by 42 publications

References 35 publications

Willingness to pay for improved residential waste management in a developing country

Willingness to pay for improved residential waste management in a developing country

Sustainable Rent-Based Closed-Loop Supply Chain for Fashion Products

Small is Big: Interactive Trumps Passive Information in Breaking Information Barriers and Impacting Behavioral Antecedents

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