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dc.contributor.authorStadelmann, Marcel-
dc.date.accessioned2021-02-11T15:27:47Z-
dc.date.available2021-02-11T15:27:47Z-
dc.date.issued2021-
dc.identifier.isbn978-981-15-6093-4de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/21651-
dc.description.abstractAn 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.de_CH
dc.language.isoende_CH
dc.publisherSpringerde_CH
dc.relation.ispartofSustainability and Environmental Decision Makingde_CH
dc.relation.ispartofseriesSustainable Developmentde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectDiscountingde_CH
dc.subjectEnergy efficiency gapde_CH
dc.subjectPurchase decisionde_CH
dc.subjectWhite goodsde_CH
dc.subject.ddc333.79: Energiede_CH
dc.titleEnergy efficiency gap in Switzerland : an empirical study on online purchases of white goodsde_CH
dc.typeBuchbeitragde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitInstitut für Marketing Management (IMM)de_CH
zhaw.publisher.placeSingaporede_CH
dc.identifier.doi10.1007/978-981-15-6093-4_12-1de_CH
zhaw.funding.euNode_CH
zhaw.originated.zhawYesde_CH
zhaw.parentwork.editorQuah, Euston-
zhaw.parentwork.editorSchubert, Renate-
zhaw.publication.statuspublishedVersionde_CH
zhaw.series.number5de_CH
zhaw.publication.reviewEditorial reviewde_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
Appears in collections:Publikationen School of Management and Law

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