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An Evolutionary Perspective on the Economics of Energy Consumption: The Crucial Role of Habits

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Author Info
Kevin Maréchal

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Abstract

The climate change issue imposes us not only to change the way we produce and convert energy but also to modify current energy consumption patterns. A substantial body of literature has shown that our behavior is often guided by habits. The existence of habits - not fully conscious forms of behavior - is important as it contradicts rational choice theory. Their presence thus calls for the setting of new instruments as it is difficult to expect consumers to be capable of exercising control over their consumption of energy in reaction to given incentives. This is further increased in our perspective where the current carbon-based >i>Socio-Technical System>/i> constrains and shapes consumers' choices through structural, cultural, social and institutional forces. Habits being potentially "counterintentional," can be considered as a form of behavioral lock-in that may explain continued increase of energy consumption. Policies should thus specifically address the performance context of habits.

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Publisher Info
Article provided by M.E. Sharpe, Inc. in its journal Journal of Economic Issues.

Volume (Year): XLIII (2009)
Issue (Month): 1 (March)
Pages: 69-88
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Handle: RePEc:mes:jeciss:v:xliii:y:2009:i:1:p:69-88

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Related research
Keywords: habits; evolutionary economics; energy consumption; lock-in;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Cowan, Robin, 1988. "Nuclear Power Reactors: A Study In Technological Lock-In," Working Papers 88-33, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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Cited by:
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  1. Kevin Marechal & Hélène Aubaret-Joachain & Jean-Paul Ledant, 2008. "The influence of Economics on agricultural systems: an evolutionary and ecological perspective," Working Papers CEB 08-028.RS, Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB). [Downloadable!]
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This page was last updated on 2009-12-9.


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