期刊
ENERGY POLICY
卷 65, 期 -, 页码 524-540出版社
ELSEVIER SCI LTD
DOI: 10.1016/j.enpol.2013.10.049
关键词
Subjective discount rates; Energy saving behavior; Stability of discount rates
资金
- Swiss National Science Foundation [100012-107835]
- Swiss Federal Office for the Environment
- cantons of Basel City (environment and energy office)
- Zurich (waste, water, energy and air office)
- central Swiss cantons (environment offices)
- Environment and Health Protection Offices of the city of Zurich
- Swiss Federal Statistical Office
- Swiss Federal Office of Energy
Why do people sometimes refrain from saving energy even if it would pay off in monetary terms? Subjective discount rates present one possible explanation for this lack of foresight, but little is known about their level and reliability in the general population. With regard to behavior, persons with lower discount rates are expected to accept additional costs upfront more readily than those with higher discount rates. Based on a representative nation-wide study, the Swiss Environmental Survey 2007, and a follow-up survey, our analyses reveal that on average subjective discount rates are well above market interest rates and moderately stable over a time interval of four years. Income and education are negatively correlated with discount rates. Contrary to expectations, we did not find convincing support for an impact of discount rates on energy saving behavior. (C) 2013 Elsevier Ltd. All rights reserved.
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