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Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-20977
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dc.contributor.authorStadelmann, Marcel-
dc.date.accessioned2020-12-03T11:07:47Z-
dc.date.available2020-12-03T11:07:47Z-
dc.date.issued2017-03-22-
dc.identifier.issn2214-6296de_CH
dc.identifier.issn2214-6326de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/20977-
dc.description.abstractA large body of literature suggests that households could save money by increasing the level of energy efficiency of the energy-using durables they purchase – a so-called “energy efficiency gap”. High implicit discount rates estimated from purchases of energy-using durables have generally been interpreted as evidence of such an energy efficiency gap. However, the “discounting gap” between econometrically estimated discount rates and risk-adjusted market interest rates commonly presented in the literature is caused by different factors not all of which portray privately suboptimal purchase decisions by households. In particular, the discounting gap overstates the size of an energy efficiency gap in the choice between efficient and inefficient durables because of estimation and interpretation flaws. This article reviews the factors potentially explaining the observation of a discounting gap in the purchase of energy-using durables. It separates the factors only contributing to a discounting gap from the ones causing an energy efficiency gap to reveal a discrepancy between the size of the estimated discounting gap and the empirical findings of privately inefficient behavior by households.de_CH
dc.language.isoende_CH
dc.publisherElsevierde_CH
dc.relation.ispartofEnergy Research & Social Sciencede_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectEnergy efficiency gapde_CH
dc.subjectDiscountingde_CH
dc.subjectPurchase decisionde_CH
dc.subjectBehavioral anomalyde_CH
dc.subject.ddc333.79: Energiede_CH
dc.titleMind the gap? : critically reviewing the energy efficiency gap with empirical evidencede_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
dc.identifier.doi10.1016/j.erss.2017.03.006de_CH
dc.identifier.doi10.21256/zhaw-20977-
zhaw.funding.euNot specifiedde_CH
zhaw.originated.zhawNode_CH
zhaw.pages.end128de_CH
zhaw.pages.start117de_CH
zhaw.publication.statusacceptedVersionde_CH
zhaw.volume27de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
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Stadelmann, M. (2017). Mind the gap? : critically reviewing the energy efficiency gap with empirical evidence. Energy Research & Social Science, 27, 117–128. https://doi.org/10.1016/j.erss.2017.03.006
Stadelmann, M. (2017) ‘Mind the gap? : critically reviewing the energy efficiency gap with empirical evidence’, Energy Research & Social Science, 27, pp. 117–128. Available at: https://doi.org/10.1016/j.erss.2017.03.006.
M. Stadelmann, “Mind the gap? : critically reviewing the energy efficiency gap with empirical evidence,” Energy Research & Social Science, vol. 27, pp. 117–128, Mar. 2017, doi: 10.1016/j.erss.2017.03.006.
STADELMANN, Marcel, 2017. Mind the gap? : critically reviewing the energy efficiency gap with empirical evidence. Energy Research & Social Science. 22 März 2017. Bd. 27, S. 117–128. DOI 10.1016/j.erss.2017.03.006
Stadelmann, Marcel. 2017. “Mind the Gap? : Critically Reviewing the Energy Efficiency Gap with Empirical Evidence.” Energy Research & Social Science 27 (March): 117–28. https://doi.org/10.1016/j.erss.2017.03.006.
Stadelmann, Marcel. “Mind the Gap? : Critically Reviewing the Energy Efficiency Gap with Empirical Evidence.” Energy Research & Social Science, vol. 27, Mar. 2017, pp. 117–28, https://doi.org/10.1016/j.erss.2017.03.006.


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