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An Illustration of Household Energy-Conservation Modeling Using the Search-List Decision-Heuristic

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  • B E Tonn
  • L Berry

Abstract

Much debate has focused on the appropriateness of the rational paradigm and its mathematical manifestation—utility theory—as a foundation for descriptive models of human behavior. Comparative discussion has been hampered by a lack of mathematically based noneconomic decision models. Such a model is presented in this paper, derived from the search-list decision-heuristic, that describes household decisions concerning energy-conservation investments. The model was estimated with energy use, demographic, and energy audit data collected in 1982 from households in the state of Connecticut, USA.

Suggested Citation

  • B E Tonn & L Berry, 1985. "An Illustration of Household Energy-Conservation Modeling Using the Search-List Decision-Heuristic," Environment and Planning A, , vol. 17(9), pages 1243-1261, September.
    • Handle: RePEc:sae:envira:v:17:y:1985:i:9:p:1243-1261
    DOI: 10.1068/a171243
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    References listed on IDEAS

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    1. Simon, Herbert A, 1979. "Rational Decision Making in Business Organizations," American Economic Review, American Economic Association, vol. 69(4), pages 493-513, September.
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    4. Duncan, Gregory M, 1980. "Formulation and Statistical Analysis of the Mixed, Continuous/Discrete Dependent Variable Model in Classical Production Theory," Econometrica, Econometric Society, vol. 48(4), pages 839-852, May.
    5. Nelson, Forrest & Olson, Lawrence, 1978. "Specification and Estimation of a Simultaneous-Equation Model with Limited Dependent Variables," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 19(3), pages 695-709, October.
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