| Publication type: | Book part |
| Type of review: | Editorial review |
| Title: | Energy efficiency gap in Switzerland : an empirical study on online purchases of white goods |
| Authors: | Stadelmann, Marcel |
| et. al: | No |
| DOI: | 10.1007/978-981-15-6093-4_12-1 |
| Published in: | Sustainability and Environmental Decision Making |
| Editors of the parent work: | Quah, Euston Schubert, Renate |
| Issue Date: | 2021 |
| Series: | Sustainable Development |
| Series volume: | 5 |
| Publisher / Ed. Institution: | Springer |
| Publisher / Ed. Institution: | Singapore |
| ISBN: | 978-981-15-6093-4 |
| Language: | English |
| Subjects: | Discounting; Energy efficiency gap; Purchase decision; White goods |
| Subject (DDC): | 333.79: Energy |
| Abstract: | An energy efficiency gap implies that purchases of more energy-efficient equipment result in monetary (and energy) savings. This chapter analyzes the energy efficiency gap for white goods in Switzerland. Hereby, it takes advantage of the unique characteristics of “twin” products – i.e., two products sharing identical characteristics except for their energy efficiency and their purchase price. The energy efficiency gap requires two conditions to be met: First, the energy-efficient twin has to have a lower present value of total costs than its inefficient counterpart, and second, the inefficient twin has to be purchased nonetheless. In an empirical analysis of the Swiss online market for twin white goods, this chapter illustrates cases meeting both conditions for different discount rates. Based on these cases, the size of the respective energy efficiency gap is calculated. The energy efficiency gap is measured by the relative difference between the mean annual electricity consumption of the products actually purchased and the mean annual electricity consumption of products hypothetically purchased by fully rational economic agents. It seems that for reasonable discount rates the energy efficiency gap is rather small. One key reason seems to be the generally high purchase price premium of energy-efficient appliances. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/21651 |
| Fulltext version: | Published version |
| License (according to publishing contract): | Licence according to publishing contract |
| Departement: | School of Management and Law |
| Organisational Unit: | Institute of Marketing Management (IMM) |
| Appears in collections: | Publikationen School of Management and Law |
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Stadelmann, M. (2021). Energy efficiency gap in Switzerland : an empirical study on online purchases of white goods. In E. Quah & R. Schubert (Eds.), Sustainability and Environmental Decision Making. Springer. https://doi.org/10.1007/978-981-15-6093-4_12-1
Stadelmann, M. (2021) ‘Energy efficiency gap in Switzerland : an empirical study on online purchases of white goods’, in E. Quah and R. Schubert (eds) Sustainability and Environmental Decision Making. Singapore: Springer. Available at: https://doi.org/10.1007/978-981-15-6093-4_12-1.
M. Stadelmann, “Energy efficiency gap in Switzerland : an empirical study on online purchases of white goods,” in Sustainability and Environmental Decision Making, E. Quah and R. Schubert, Eds. Singapore: Springer, 2021. doi: 10.1007/978-981-15-6093-4_12-1.
STADELMANN, Marcel, 2021. Energy efficiency gap in Switzerland : an empirical study on online purchases of white goods. In: Euston QUAH und Renate SCHUBERT (Hrsg.), Sustainability and Environmental Decision Making. Singapore: Springer. ISBN 978-981-15-6093-4
Stadelmann, Marcel. 2021. “Energy Efficiency Gap in Switzerland : An Empirical Study on Online Purchases of White Goods.” In Sustainability and Environmental Decision Making, edited by Euston Quah and Renate Schubert. Singapore: Springer. https://doi.org/10.1007/978-981-15-6093-4_12-1.
Stadelmann, Marcel. “Energy Efficiency Gap in Switzerland : An Empirical Study on Online Purchases of White Goods.” Sustainability and Environmental Decision Making, edited by Euston Quah and Renate Schubert, Springer, 2021, https://doi.org/10.1007/978-981-15-6093-4_12-1.
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