Identification of the information gap in residential energy efficiency: How information asymmetry can be mitigated to induce energy efficiency renovations
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Nair, Gireesh & Gustavsson, Leif & Mahapatra, Krushna, 2010. "Factors influencing energy efficiency investments in existing Swedish residential buildings," Energy Policy, Elsevier, vol. 38(6), pages 2956-2963, June.
- Kenneth Gillingham & Richard G. Newell & Karen Palmer, 2009.
"Energy Efficiency Economics and Policy,"
Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 597-620, September.
- Gillingham, Kenneth & Newell, Richard G. & Palmer, Karen, 2009. "Energy Efficiency Economics and Policy," RFF Working Paper Series dp-09-13, Resources for the Future.
- Kenneth Gillingham & Richard G. Newell & Karen Palmer, 2009. "Energy Efficiency Economics and Policy," NBER Working Papers 15031, National Bureau of Economic Research, Inc.
- Hlavinka, Alexander N. & Mjelde, James W. & Dharmasena, Senarath & Holland, Christine, 2016. "Forecasting the adoption of residential ductless heat pumps," Energy Economics, Elsevier, vol. 54(C), pages 60-67.
- Collins, Matthew & Curtis, John, 2017.
"An examination of the abandonment of applications for energy efficiency retrofit grants in Ireland,"
Energy Policy, Elsevier, vol. 100(C), pages 260-270.
- Collins, Matthew & Curtis, John, 2016. "An Examination of the Abandonment of Applications for Energy Efficiency Retrofit Grants in Ireland," Papers WP533, Economic and Social Research Institute (ESRI).
- Laura-Lucia Richter, 2013. "Social Effects in the Diffusion of solar Photovoltaic Technology in the UK," Cambridge Working Papers in Economics 1357, Faculty of Economics, University of Cambridge.
- Howden-Chapman, Philippa & Viggers, Helen & Chapman, Ralph & O’Sullivan, Kimberley & Telfar Barnard, Lucy & Lloyd, Bob, 2012. "Tackling cold housing and fuel poverty in New Zealand: A review of policies, research, and health impacts," Energy Policy, Elsevier, vol. 49(C), pages 134-142.
- Collins, Matthew & Curtis, John, 2016.
"An Examination of Energy Efficiency Retrofit Depth in Ireland,"
Papers
WP532, Economic and Social Research Institute (ESRI).
- Collins, Matthew & Curtis, John, 2016. "An Examination of Energy Efficiency Retrofit Depth in Ireland," Papers RB2016/2/5, Economic and Social Research Institute (ESRI).
- Fuerst, Franz & McAllister, Pat & Nanda, Anupam & Wyatt, Pete, 2016.
"Energy performance ratings and house prices in Wales: An empirical study,"
Energy Policy, Elsevier, vol. 92(C), pages 20-33.
- Franz Fuerst & Pat McAllister & Anupam Nanda & Peter Wyatt, 2015. "Energy Performance Ratings and House Prices in Wales: An Empirical Study," ERES eres2015_112, European Real Estate Society (ERES).
- Hyland, Marie & Lyons, Ronan C. & Lyons, Seán, 2013.
"The value of domestic building energy efficiency — evidence from Ireland,"
Energy Economics, Elsevier, vol. 40(C), pages 943-952.
- Ronan C. Lyons & Marie Hyland & Sean Lyonso, 2012. "The value of domestic building energy efficiency - evidence from Ireland," Economics Series Working Papers 614, University of Oxford, Department of Economics.
- Hyland, Marie & Lyons, Ronan C. & Lyons, Seán, 2014. "The Value of Domestic Building Energy Efficiency – Evidence from Ireland," Papers RB2014/1/3, Economic and Social Research Institute (ESRI).
- Laura-Lucia Richter, 2013. "Social Effects in the Diffusion of Solar Photovoltaic Technology in the UK," Working Papers EPRG 1332, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Fuerst, Franz & McAllister, Patrick & Nanda, Anupam & Wyatt, Peter, 2015. "Does energy efficiency matter to home-buyers? An investigation of EPC ratings and transaction prices in England," Energy Economics, Elsevier, vol. 48(C), pages 145-156.
- Ormandy, David & Ezratty, Véronique, 2012. "Health and thermal comfort: From WHO guidance to housing strategies," Energy Policy, Elsevier, vol. 49(C), pages 116-121.
- Achtnicht, Martin & Madlener, Reinhard, 2014.
"Factors influencing German house owners' preferences on energy retrofits,"
Energy Policy, Elsevier, vol. 68(C), pages 254-263.
- Achtnicht, Martin & Madlener, Reinhard, 2012. "Factors Influencing German House Owners' Preferences on Energy Retrofits," FCN Working Papers 4/2012, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
- Achtnicht, Martin & Madlener, Reinhard, 2012. "Factors influencing German house owners' preferences on energy retrofits," ZEW Discussion Papers 12-042, ZEW - Leibniz Centre for European Economic Research.
- Stefano DellaVigna, 2009.
"Psychology and Economics: Evidence from the Field,"
Journal of Economic Literature, American Economic Association, vol. 47(2), pages 315-372, June.
- Stefano DellaVigna, 2007. "Psychology and Economics: Evidence from the Field," NBER Working Papers 13420, National Bureau of Economic Research, Inc.
- Claudia Aravena & Andrés Riquelme & Eleanor Denny, 2016. "Money, Comfort or Environment? Priorities and Determinants of Energy Efficiency Investments in Irish Households," Journal of Consumer Policy, Springer, vol. 39(2), pages 159-186, June.
- Clinch, J. Peter & Healy, John D., 2000. "Domestic energy efficiency in Ireland: correcting market failure," Energy Policy, Elsevier, vol. 28(1), pages 1-8, January.
- Achtnicht, Martin, 2011. "Do environmental benefits matter? Evidence from a choice experiment among house owners in Germany," Ecological Economics, Elsevier, vol. 70(11), pages 2191-2200, September.
- Peter Grosche & Colin Vance, 2009.
"Willingness to Pay for Energy Conservation and Free-Ridership on Subsidization: Evidence from Germany,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 135-154.
- Grösche, Peter & Vance, Colin, 2008. "Willingness-to-Pay for Energy Conservation and Free-Ridership on Subsidization – Evidence from Germany," Ruhr Economic Papers 58, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Mills, Bradford & Schleich, Joachim, 2012.
"Residential energy-efficient technology adoption, energy conservation, knowledge, and attitudes: An analysis of European countries,"
Energy Policy, Elsevier, vol. 49(C), pages 616-628.
- Bradford Mills & Joachim Schleich, 2012. "Residential Energy-Efficient Technology Adoption, Energy Conservation, Knowledge, and Attitudes: An Analysis of European Countries," Grenoble Ecole de Management (Post-Print) hal-00805711, HAL.
- Bradford Mills & Joachim Schleich, 2012. "Residential Energy-Efficient Technology Adoption, Energy Conservation, Knowledge, and Attitudes: An Analysis of European Countries," Post-Print hal-00805711, HAL.
- Banfi, Silvia & Farsi, Mehdi & Filippini, Massimo & Jakob, Martin, 2008.
"Willingness to pay for energy-saving measures in residential buildings,"
Energy Economics, Elsevier, vol. 30(2), pages 503-516, March.
- Silvia Banfi & Mehdi Farsi & Massimo Filippini & Martin Jakob, 2005. "Willingness to Pay for Energy-Saving Measures in Residential Buildings," CEPE Working paper series 05-41, CEPE Center for Energy Policy and Economics, ETH Zurich.
- Adam B. Jaffe & Robert N. Stavins, 1994.
"Energy-Efficiency Investments and Public Policy,"
The Energy Journal, , vol. 15(2), pages 43-65, April.
- Adam B. Jaffe & Robert N. Stavins, 1994. "Energy-Efficiency Investments and Public Policy," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 43-66.
- Sorrell, Steve & Dimitropoulos, John & Sommerville, Matt, 2009. "Empirical estimates of the direct rebound effect: A review," Energy Policy, Elsevier, vol. 37(4), pages 1356-1371, April.
- Curtis, John & Devitt, Niamh & Whelan, Adele, 2015. "Location and Occupancy of Energy Inefficient Residential Properties," Papers RB2015/3/2, Economic and Social Research Institute (ESRI).
- Brounen, Dirk & Kok, Nils, 2011. "On the economics of energy labels in the housing market," Journal of Environmental Economics and Management, Elsevier, vol. 62(2), pages 166-179, September.
- Willand, Nicola & Ridley, Ian & Maller, Cecily, 2015. "Towards explaining the health impacts of residential energy efficiency interventions – A realist review. Part 1: Pathways," Social Science & Medicine, Elsevier, vol. 133(C), pages 191-201.
- Cameron, Trudy Ann, 1985. "A Nested Logit Model of Energy Conservation Activity by Owners of Existing Single Family Dwellings," The Review of Economics and Statistics, MIT Press, vol. 67(2), pages 205-211, May.
- Kwak, So-Yoon & Yoo, Seung-Hoon & Kwak, Seung-Jun, 2010. "Valuing energy-saving measures in residential buildings: A choice experiment study," Energy Policy, Elsevier, vol. 38(1), pages 673-677, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Henningsen, Geraldine & Wiese, Catharina, 2019. "Do Household Characteristics Really Matter? A Meta-Analysis on the Determinants of Households’ Energy-Efficiency Investments," MPRA Paper 101701, University Library of Munich, Germany.
- Sommerfeldt, Nelson & Lemoine, Ida & Madani, Hatef, 2022. "Hide and seek: The supply and demand of information for household solar photovoltaic investment," Energy Policy, Elsevier, vol. 161(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Collins, Matthew & Curtis, John, 2018. "Willingness-to-pay and free-riding in a national energy efficiency retrofit grant scheme," Energy Policy, Elsevier, vol. 118(C), pages 211-220.
- Collins, Matthew & Curtis, John, 2017.
"An examination of the abandonment of applications for energy efficiency retrofit grants in Ireland,"
Energy Policy, Elsevier, vol. 100(C), pages 260-270.
- Collins, Matthew & Curtis, John, 2016. "An Examination of the Abandonment of Applications for Energy Efficiency Retrofit Grants in Ireland," Papers WP533, Economic and Social Research Institute (ESRI).
- Collins, Matthew & Curtis, John, 2016. "Willingness-to-Pay and Free-Riding in a National Energy Efficiency Retrofit Grant Scheme: A Revealed Preference Approach," Papers WP551, Economic and Social Research Institute (ESRI).
- Ramos, A. & Gago, A. & Labandeira, X. & Linares, P., 2015.
"The role of information for energy efficiency in the residential sector,"
Energy Economics, Elsevier, vol. 52(S1), pages 17-29.
- Ana Ramos & Alberto Gago & Xavier Labandeira & Pedro Linares, 2014. "The Role of Information for Energy Efficiency in the Residential Sector," Working Papers 04-2014, Economics for Energy.
- Fischbacher, Urs & Schudy, Simeon & Teyssier, Sabrina, 2021.
"Heterogeneous preferences and investments in energy saving measures,"
Resource and Energy Economics, Elsevier, vol. 63(C).
- Urs Fischbacher & Simeon Schudy & Sabrina Teyssier, 2015. "Heterogeneous Preferences and Investments in Energy Saving Measures," TWI Research Paper Series 95, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
- Urs Fischbacher & Simeon Schudy & Sabrina Teyssier, 2021. "Heterogeneous preferences and investments in energy saving measures," Post-Print hal-03726323, HAL.
- Collins, Matthew & Dempsey, Seraphim & Curtis, John, 2017. "Financial incentives for residential energy efficiency investments in Ireland: Should the status quo be maintained?," Papers WP562, Economic and Social Research Institute (ESRI).
- Drivas, Kyriakos & Rozakis, Stelios & Xesfingi, Sofia, 2019. "The effect of house energy efficiency programs on the extensive and intensive margin of lower-income households’ investment behavior," Energy Policy, Elsevier, vol. 128(C), pages 607-615.
- Achtnicht, Martin & Madlener, Reinhard, 2014.
"Factors influencing German house owners' preferences on energy retrofits,"
Energy Policy, Elsevier, vol. 68(C), pages 254-263.
- Achtnicht, Martin & Madlener, Reinhard, 2012. "Factors influencing German house owners' preferences on energy retrofits," ZEW Discussion Papers 12-042, ZEW - Leibniz Centre for European Economic Research.
- Achtnicht, Martin & Madlener, Reinhard, 2012. "Factors Influencing German House Owners' Preferences on Energy Retrofits," FCN Working Papers 4/2012, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
- Collins, Matthew & Curtis, John, 2016.
"An Examination of Energy Efficiency Retrofit Depth in Ireland,"
Papers
WP532, Economic and Social Research Institute (ESRI).
- Collins, Matthew & Curtis, John, 2016. "An Examination of Energy Efficiency Retrofit Depth in Ireland," Papers RB2016/2/5, Economic and Social Research Institute (ESRI).
- Curtis, John & McCoy, Daire & Aravena, Claudia, 2018. "Heating system upgrades: The role of knowledge, socio-demographics, building attributes and energy infrastructure," Energy Policy, Elsevier, vol. 120(C), pages 183-196.
- Anil Markandya & Xavier Labandeira & Ana Ramos, 2013. "Policy Instruments to Foster Energy Efficiency," Working Papers 01-2014, Economics for Energy.
- Copiello, Sergio, 2017. "Building energy efficiency: A research branch made of paradoxes," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 1064-1076.
- Collins, Matthew & Curtis, John, 2017. "Advertising and investment spillovers in the diffusion of residential energy efficiency renovations," Papers WP569, Economic and Social Research Institute (ESRI).
- Ce Huang & Jiefang Ma & Kun Song, 2021. "Homeowners’ Willingness to Make Investment in Energy Efficiency Retrofit of Residential Buildings in China and Its Influencing Factors," Energies, MDPI, vol. 14(5), pages 1-17, February.
- Felipe Encinas & Carlos Marmolejo-Duarte & Carlos Aguirre-Nuñez & Francisco Vergara-Perucich, 2020. "When Residential Energy Labeling Becomes Irrelevant: Sustainability vs. Profitability in the Liberalized Chilean Property Market," Sustainability, MDPI, vol. 12(22), pages 1-17, November.
- Konstantin A Kholodilin & Andreas Mense & Claus Michelsen, 2017.
"The market value of energy efficiency in buildings and the mode of tenure,"
Urban Studies, Urban Studies Journal Limited, vol. 54(14), pages 3218-3238, November.
- Kholodilin, Konstantin A & Mense, Andreas & Michelsen, Claus, 2017. "The market value of energy efficiency in buildings and the mode of tenure," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 54(14), pages 3218-3238.
- Konstantin A. Kholodilin & Claus Michelsen, 2014. "The Market Value of Energy Efficiency in Buildings and the Mode of Tenure," Discussion Papers of DIW Berlin 1398, DIW Berlin, German Institute for Economic Research.
- Claus Michelsen & Konstantin Kholodilin & Andreas Mense, 2016. "The market value of energy efficiency in buildings and the mode of tenure," ERES eres2016_177, European Real Estate Society (ERES).
- Michelsen, Claus & Kholodilin, Konstantin, 2015. "The Market Value of Energy Efficiency in Buildings and the Mode of Tenure," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112881, Verein für Socialpolitik / German Economic Association.
- Matthew Collins & John Curtis, 2017.
"Value for money in energy efficiency retrofits in Ireland: grant provider and grant recipients,"
Applied Economics, Taylor & Francis Journals, vol. 49(51), pages 5245-5267, November.
- Collins, Matthew & Curtis, John, 2016. "Value for Money in Energy Efficiency Retrofits in Ireland: Grant Provider and Grant Recipients," Papers WP542, Economic and Social Research Institute (ESRI).
- Collins, Matthew & Curtis, John, 2017. "Value for money in energy efficiency retrofits in Ireland: grant provider and grant recipients," Papers RB20170203, Economic and Social Research Institute (ESRI).
- Schueftan, Alejandra & Aravena, Claudia & Reyes, René, 2021. "Financing energy efficiency retrofits in Chilean households: The role of financial instruments, savings and uncertainty in energy transition," Resource and Energy Economics, Elsevier, vol. 66(C).
- Giraudet, Louis-Gaëtan & Guivarch, Céline & Quirion, Philippe, 2012.
"Exploring the potential for energy conservation in French households through hybrid modeling,"
Energy Economics, Elsevier, vol. 34(2), pages 426-445.
- Louis-Gaëtan Giraudet & Céline Guivarch & Philippe Quirion, 2011. "Exploring the potential for energy conservation in French households through hybrid modelling," CIRED Working Papers hal-00866425, HAL.
- Louis-Gaëtan Giraudet & Céline Guivarch & Philippe Quirion, 2011. "Exploring the potential for energy conservation in French households through hybrid modelling," Working Papers hal-00866425, HAL.
- Louis-Gaetan Giraudet & Céline Guivarch & Philippe Quirion, 2012. "Exploring the potential for energy conservation in French households through hybrid modeling," Post-Print hal-00715345, HAL.
- Drivas, Kyriakos & Rozakis, Stelios & Xesfingi, Sofia, 2018. "The Effect of House Energy Efficiency Costs on the Participation Rate and Investment Amount of Lower-Income Households," MPRA Paper 86590, University Library of Munich, Germany.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2017-04-16 (Energy Economics)
- NEP-ENV-2017-04-16 (Environmental Economics)
- NEP-REG-2017-04-16 (Regulation)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:esr:wpaper:wp558. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Burns (email available below). General contact details of provider: https://edirc.repec.org/data/esriiie.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.