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Behavioral barriers and the energy efficiency gap: a survey of the literature

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  • Laura Abrardi

    (Politecnico di Torino)

Abstract

Consumers’ irrational reluctance to invest in energy efficiency has raised the policymakers’ concern, who started to question the suitability of traditional energy programs. To address behavioral failures, a revision of former policies seems to be called for. We discuss the main barriers pertaining to consumers’ behavior and their policy implications, suggesting some principles for intervention by regulatory authorities.

Suggested Citation

  • Laura Abrardi, 2019. "Behavioral barriers and the energy efficiency gap: a survey of the literature," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(1), pages 25-43, March.
  • Handle: RePEc:spr:epolin:v:46:y:2019:i:1:d:10.1007_s40812-018-0107-z
    DOI: 10.1007/s40812-018-0107-z
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    2. Mehdi Bensouda & Mimoun Benali, 2023. "From Fairly Good to Optimal Energy Efficiency Practices within the Moroccan Manufacturing Sector: Are Financial Resources Sufficient?," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 478-488, May.
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    More about this item

    Keywords

    Regulation; Energy efficiency gap; Behavioral barriers;
    All these keywords.

    JEL classification:

    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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