气候变化领域集成服务门户(CCPortal): Housing wealth and residential energy consumption

CCPortal

DOI	10.1016/j.enpol.2020.111581
	Housing wealth and residential energy consumption
	Bao H.X.H.; Li S.H.
发表日期	2020
ISSN	03014215
卷号	143
英文摘要	The housing wealth effect often manifests as a positive relationship between consumption and perceived housing wealth (e.g. the perceived value of houses). When the perceived value of a property rises, homeowners may feel more comfortable and secure about their wealth, causing them to spend more. This study adopts a behavioural approach to verify if this relationship holds true for residential energy consumption in the UK. While controlling for property characteristics and a large number of demographic, socioeconomic and energy-use behaviour variables, we identified a significant relationship between housing wealth and energy consumption. Our models also considered psychological biases in energy consumption behaviours, such as the framing effect. Our findings shed light on the behavioural aspects of housing wealth effect on residential energy consumption and demonstrate the potential to ‘nudge’ households towards energy conservation. Most importantly, we provide empirical evidence on the intriguing relationship among housing wealth, residential energy consumption and fuel poverty. The findings of this study are particularly helpful in designing and implementing energy consumption policies that can strike a balance between social justice and economic efficiency. © 2020 Elsevier Ltd
关键词	Behavioural economics Energy consumption Housing wealth Judgemental bias Mental accounting Prospect theory
英文关键词	Energy policy; Housing; Behavioural approach; Behavioural aspects; Economic efficiency; Framing effects; Perceived value; Psychological bias; Residential energy consumption; Social justice; Energy utilization; energy conservation; energy use; homeowner; household energy; policy implementation; residential energy; social justice; United Kingdom
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204559
作者单位	Department of Land Economy, University of CambridgeCB3 9EP, United Kingdom
推荐引用方式 GB/T 7714	Bao H.X.H.,Li S.H.. Housing wealth and residential energy consumption[J],2020,143.
APA	Bao H.X.H.,&Li S.H..(2020).Housing wealth and residential energy consumption.Energy Policy,143.
MLA	Bao H.X.H.,et al."Housing wealth and residential energy consumption".Energy Policy 143(2020).