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Application of the economic theory of self-control to model energy conservation behavioral change in households
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Building and Real Estate Economics.
Uppsala Univ, Dept Stat, Uppsala, Sweden..
2019 (English)In: ENERGY, Vol. 183, p. 536-546Article in journal (Refereed) Published
Abstract [en]

Smart meters and in-house displays hold a promise of energy conservation for those who invest in such technology. Research has shown that households only have a limited interest in such technology and information is thus often neglected, with rather limited energy savings. Surprisingly few empirical investigations have a theoretical foundation that may explain what is going on from a behavioral perspective. In this study the economic theory of self-control is used to model energy-efficient behavior in middle-income households in Sweden. Our results show that different levels of energy-efficient behavior do not really have any impact on the actual consumption levels of electricity. Instead, different beliefs exist of being energy-efficient, but the households do not act accordingly. We recommend to policy makers that the payment time period should be changed to pre-paid electricity to stimulate the monitoring of bills and to introduce a gaming strategy to change incentives for energy conservation. rights reserved.

Place, publisher, year, edition, pages
PERGAMON-ELSEVIER SCIENCE LTD , 2019. Vol. 183, p. 536-546
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:kth:diva-260164DOI: 10.1016/j.energy.2019.05.217ISI: 000483005400045Scopus ID: 2-s2.0-85068116241OAI: oai:DiVA.org:kth-260164DiVA, id: diva2:1355989
Note

QC 20190930

Available from: 2019-09-30 Created: 2019-09-30 Last updated: 2019-09-30Bibliographically approved

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Lundgren, Berndt

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  • apa
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  • Other locale
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