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Energy Efficiency Gap: The Role of Behavioral Intervention

Author

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  • Véronique Flambard

    (LITL - Laboratoire Interdisciplinaire des transitions de Lille - UCL FGES - Université Catholique de Lille - Faculté de gestion, économie et sciences - ICL - Institut Catholique de Lille - UCL - Université catholique de Lille - JUNIA - JUNIA - UCL - Université catholique de Lille)

  • Fateh Belaid

Abstract

Energy renovation faces critical challenges due to upfront costs, market failures, behavioral bias and operational complexities, impeding its widespread adoption. We review the literature and report on impacts of behavioral sciences instruments. We also present a controlled laboratory experiment to evaluate the role of informational instruments in shaping individuals' preferences for energy efficiency. Our findings suggest that motivational feedback positively and significantly affects energy efficiency preference. We also find that people who value less fairness and less environmentally oriented are less likely to invest in energy-saving measures. Additionally, our study makes a methodological contribution by demonstrating the usefulness of probit regression, and propensity score matching in analyzing complex data on energy-related behavior.

Suggested Citation

  • Véronique Flambard & Fateh Belaid, 2024. "Energy Efficiency Gap: The Role of Behavioral Intervention," Post-Print hal-04819826, HAL.
    • Handle: RePEc:hal:journl:hal-04819826
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