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DOI | 10.1016/j.enpol.2022.113033 |
The influence of risk perception on energy efficiency investments: Evidence from a German survey | |
Rockstuhl S.; Wenninger S.; Wiethe C.; Ahlrichs J. | |
发表日期 | 2022 |
ISSN | 0301-4215 |
卷号 | 167 |
英文摘要 | Energy efficiency investments are typically based on either one of two opposing perspectives on financial risk. This study conducted a choice experiment based on a simulated online shop for energetic retrofitting. Here, the resulting financial risk of retrofitting was presented in different treatment groups from these two perspectives. In this vein, participants in the first treatment group were confronted with the resulting risk of deviating energy bill savings (investment risk perspective), which increases with the investment. In the second treatment group, participants were confronted with resulting risk of deviating energy bills after the investment (energy bill risk perspective), which decreases with investment. In the third treatment group, we displayed risk from both perspectives. We found that participants deciding on retrofitting measures within the online shop displaying energy bill risk invested about 20% more than participants in an online shop displaying the investment risk, tested for significance. These findings establish a new way of nudging individuals towards energy efficiency investments, which is especially important for energy policymakers. We, therefore, recommended actively leveraging the risk-reducing potential under the energy bill perspective when promoting energy efficiency investments. © 2022 Elsevier Ltd |
英文关键词 | Choice experiment; Decision-making; Energy efficiency; Nudging; Retrofitting |
语种 | 英语 |
scopus关键词 | Investments; Retrofitting; Risk assessment; Risk perception; Choice experiments; Decisions makings; Energy bills; Energy efficiency investments; Financial risks; Investment risks; Nudging; Online shops; Risk perspective; Treatment group; Energy efficiency |
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/256163 |
作者单位 | Branch Business & Information Systems Engineering of the Fraunhofer FIT, Alter Postweg 101, Augsburg, 86159, Germany; FIM Research Center, University of Applied Sciences Augsburg, Alter Postweg 101, Augsburg, 86159, Germany |
推荐引用方式 GB/T 7714 | Rockstuhl S.,Wenninger S.,Wiethe C.,et al. The influence of risk perception on energy efficiency investments: Evidence from a German survey[J],2022,167. |
APA | Rockstuhl S.,Wenninger S.,Wiethe C.,&Ahlrichs J..(2022).The influence of risk perception on energy efficiency investments: Evidence from a German survey.Energy Policy,167. |
MLA | Rockstuhl S.,et al."The influence of risk perception on energy efficiency investments: Evidence from a German survey".Energy Policy 167(2022). |
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