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Real-Time Feedback on Consumer s Behavior: Literature Review

Author

Listed:
  • Muhammad Nabeel

    (Engineering Management and Systems Engineering Off-Campus Program, School of Engineering and Applied Science, The George Washington University, USA)

  • Basel Ali

    (Engineering Management and Systems Engineering Off-Campus Program, School of Engineering and Applied Science, The George Washington University, USA)

  • Allam Hamdan

    (Department of Accounting and Economics, College of Business and Finance, Ahlia University, Bahrain.)

Abstract

Effective energy management can provide an important tool to reduce energy consumption, which is crucial in the fight to protect natural resources and to have a clean environment. Reducing energy consumption can be achieved by reducing energy waste in residential building. Waste in energy can be a result of using energy wasting appliances as well as reckless human behavior such as not turning off unwanted electrical appliances or operating air conditioners or heaters at unnecessary temperature settings, just to name a few. This paper reviews a couple of studies which was conducted on the use of real-time feedback technology to improve energy consumption behavior and habits. The methodologies used will be described along with the results of each study. A list of challenges and limitations of such studies will be explained. The review should give guidance and recommendations on how to conduct a study on the use of real-time feedback technology. Using these recommendations, a study on the topic was conducted by one of the authors in the Kingdom of Bahrain. The results of the study are briefly described in the paper.

Suggested Citation

  • Muhammad Nabeel & Basel Ali & Allam Hamdan, 2019. "Real-Time Feedback on Consumer s Behavior: Literature Review," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 489-493.
    • Handle: RePEc:eco:journ2:2019-05-55
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    References listed on IDEAS

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    Cited by:

    1. Pancawati Hardiningsih & Indira Januarti & Etna Nur Afri Yuyetta & Ceacilia Srimindarti & Udin Udin, 2020. "The Effect of Sustainability Information Disclosure on Financial and Market Performance: Empirical Evidence from Indonesia and Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 18-25.

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    More about this item

    Keywords

    Real-Time Feedback; Consumer s Behavior; energy management;
    All these keywords.

    JEL classification:

    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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