Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261068 
Year of Publication: 
2022
Series/Report no.: 
WWZ Working Paper No. 2022/03
Publisher: 
University of Basel, Center of Business and Economics (WWZ), Basel
Abstract: 
Major life decisions such as the choice of housing and its characteristics have significant implications for a household and its energy consumption because they alter structural aspects of energy demand. Energy policy interventions targeting these decisions can therefore have a long-lasting impact. To assess non-monetary policy instruments as incentives for energy-conserving housing choices we implement a discrete choice experiment with a representative sample of Swiss households. The purpose of this paper is the investigation of behavioural differences across households in reaction to social norms and energy-related information. To this end, we distinguish different types of households with a segmentation approach useful for policy makers. Our study provides insights for the question whether the tailoring of non-monetary measures can contribute to a more effective policy design compared to a one-size-fits-all approach. Estimating panel mixed logit models, we find treatment effects to significantly differ across household segments as well as with the baseline energy consumption. The evident treatment heterogeneity suggests a targeted approach for non-monetary interventions.
Subjects: 
Housing choice
household heterogeneity
non-monetary incentives
social norms
energy literacy
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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