globalchange  > 气候变化与战略
DOI: 10.1016/j.enpol.2020.111581
论文题名:
Housing wealth and residential energy consumption
作者: Bao H.X.H.; Li S.H.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 143
语种: 英语
中文关键词: Behavioural economics ; Energy consumption ; Housing wealth ; Judgemental bias ; Mental accounting ; Prospect theory
英文关键词: Energy policy ; Housing ; Behavioural approach ; Behavioural aspects ; Economic efficiency ; Framing effects ; Perceived value ; Psychological bias ; Residential energy consumption ; Social justice ; Energy utilization ; energy conservation ; energy use ; homeowner ; household energy ; policy implementation ; residential energy ; social justice ; United Kingdom
英文摘要: The housing wealth effect often manifests as a positive relationship between consumption and perceived housing wealth (e.g. the perceived value of houses). When the perceived value of a property rises, homeowners may feel more comfortable and secure about their wealth, causing them to spend more. This study adopts a behavioural approach to verify if this relationship holds true for residential energy consumption in the UK. While controlling for property characteristics and a large number of demographic, socioeconomic and energy-use behaviour variables, we identified a significant relationship between housing wealth and energy consumption. Our models also considered psychological biases in energy consumption behaviours, such as the framing effect. Our findings shed light on the behavioural aspects of housing wealth effect on residential energy consumption and demonstrate the potential to ‘nudge’ households towards energy conservation. Most importantly, we provide empirical evidence on the intriguing relationship among housing wealth, residential energy consumption and fuel poverty. The findings of this study are particularly helpful in designing and implementing energy consumption policies that can strike a balance between social justice and economic efficiency. © 2020 Elsevier Ltd
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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167014
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作者单位: Department of Land Economy, University of CambridgeCB3 9EP, United Kingdom

Recommended Citation:
Bao H.X.H.,Li S.H.. Housing wealth and residential energy consumption[J]. Energy Policy,2020-01-01,143
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