660 research outputs found

    Energy Efficiency

    Get PDF
    Energy efficiency is finally a common sense term. Nowadays almost everyone knows that using energy more efficiently saves money, reduces the emissions of greenhouse gasses and lowers dependence on imported fossil fuels. We are living in a fossil age at the peak of its strength. Competition for securing resources for fuelling economic development is increasing, price of fuels will increase while availability of would gradually decline. Small nations will be first to suffer if caught unprepared in the midst of the struggle for resources among the large players. Here it is where energy efficiency has a potential to lead toward the natural next step - transition away from imported fossil fuels! Someone said that the only thing more harmful then fossil fuel is fossilized thinking. It is our sincere hope that some of chapters in this book will influence you to take a fresh look at the transition to low carbon economy and the role that energy efficiency can play in that process

    Labeling energy cost on light bulbs lowers implicit discount rates

    Get PDF
    Lighting accounts for nearly 20% of overall U.S. electricity consumption and 18% of U.S. residential electricity consumption. A transition to alternative energy-efficient technologies could reduce this energy consumption considerably. To quantify the influence of factors that drive consumer choices for light bulbs, we conducted a choice-based conjoint field experiment with 183 participants. We estimated discrete choice models from the data, and found that politically liberal consumers have a stronger preference for compact fluorescent lighting technology and for low energy consumption. Greater willingness to pay for lower energy consumption and longer life was observed in conditions where estimated operating cost information was provided. Providing estimated annual cost information to consumers reduced their implicit discount rate by a factor of five, lowering barriers to adoption of energy efficient alternatives with higher up-front costs; however, even with cost information provided, consumers continued to use implicit discount rates of around 100%, which is larger than that experienced for other energy technologies

    Energy efficiency in the domestic sector : An evaluation of models of the consumer decision process : Presented in partial fulfilment of the requirements for the degree of Master of Science (Resource Management) at Lincoln University

    Get PDF
    More efficient use of energy is a desirable national goal, for a number of reasons. It can also be financially beneficial to individual consumers. Poor uptake of energy efficiency measures by domestic consumers has been well documented. Often, a financial incentive exists to take such measures, but this does not lead to action. Purchasing decisions are typically characterised in economic theory as the outcome of a rational choice decision process. Consumers are assumed to evaluate all of the expected benefits and costs of a purchase, financial and non-financial, and make choices which maximise their utility. This assumed decision-making model is used to support conclusions about the ability of markets to deliver a maximum of social benefits. This study examines evidence about the adoption of electricity efficiency devices, such as hot water cylinder blankets, low flow shower heads, fluorescent light bulbs and insulation. A simple rational choice model does not shed much light on why adoption of such devices has been limited, in view of the likely financial benefits. The observed data can be made to fit the model if transaction costs are assumed, but the sources of those transaction costs can only be guessed at. An alternative model is proposed, extending the analysis of the decision process to a consideration of the reasons for choosing between alternatives, and the social context within which decisions are made. This model is based on the idea that consumers are not isolated decision-making units, and their choices are influenced by information received from other members of their community. Implications for energy efficiency programme design and for energy efficiency policy are discussed

    Intelligent Decision Support System for Energy Management in Demand Response Programs and Residential and Industrial Sectors of the Smart Grid

    Get PDF
    This PhD thesis addresses the complexity of the energy efficiency control problem in residential and industrial customers of Smart electrical Grid, and examines the main factors that affect energy demand, and proposes an intelligent decision support system for applications of demand response. A multi criteria decision making algorithm is combined with a combinatorial optimization technique to assist energy managers to decide whether to participate in demand response programs or obtain energy from distributed energy resources

    The effect of marketing programmes on buying behaviours of Libyan consumers

    Get PDF
    It has been suggested that marketers must understand cultural differences in order to develop their marketing programmes across borders. Conversely, it is also argued that defined groups, in different countries, can be targeted in a similar way. These two perspectives raised the question that ‘to which extent should marketing programmes be standardised across the world’. The issues of Standardisation versus Adaptation in global marketing have received substantial attention from researchers over the past three decades. Opinions have varied, and the debate continues, lively, today. This has stressed the importance of cross-countries marketing programme research for practical and academic alike. This research sets out to investigate how suppliers of global companies presently interpret the need for adaptation in an emergent and increasingly relevant market (Libya) and how Libyan consumers react to their decisions through identify the influence of foreign marketing programmes on their buying behaviour. Also, to determine how Libyan consumers are influenced by marketing programmes according to individual characteristics to build a model for their buying behaviour

    Proceedings of the 7th International Conference EEDAL 2013 Energy Efficiency in Domestic Appliances and Lighting

    Get PDF
    This book contains the papers presented at the seventh international conference on Energy Efficiency in Domestic Appliances and Lighting. EEDAL'2013 was organised in Coimbra, Portugal in September 2013. This major international conference, which was previously been staged in Florence 1997, Naples 2000, Turin 2003, London 2006, B2e0r0l9in, Copenhagen 2011 has been very successful in attracting an international community of stakeholders dealing with residential appliances, equipment, metering liagnhdti ng (including manufacturers, retailers, consumers, governments, international organisations aangde ncies, academia and experts) to discuss the progress achieved in technologies, behavioural aspects and poliacineds , the strategies that need to be implemented to further progress this important work. Potential readers who may benefit from this book include researchers, engineers, policymakers, and all those who can influence the design, selection, application, and operation of electrical appliances and lighting.JRC.F.7-Renewables and Energy Efficienc

    Measuring time preferences

    Full text link
    We review research that measures time preferences—i.e., preferences over intertemporal tradeoffs. We distinguish between studies using financial flows, which we call “money earlier or later” (MEL) decisions and studies that use time-dated consumption/effort. Under different structural models, we show how to translate what MEL experiments directly measure (required rates of return for financial flows) into a discount function over utils. We summarize empirical regularities found in MEL studies and the predictive power of those studies. We explain why MEL choices are driven in part by some factors that are distinct from underlying time preferences.National Institutes of Health (NIA R01AG021650 and P01AG005842) and the Pershing Square Fund for Research in the Foundations of Human Behavior

    Dynamic Credibility Threshold Assignment in Trust and Reputation Mechanisms Using PID Controller

    Get PDF
    In online shopping buyers do not have enough information about sellers and cannot inspect the products before purchasing them. To help buyers find reliable sellers, online marketplaces deploy Trust and Reputation Management (TRM) systems. These systems aggregate buyers’ feedback about the sellers they have interacted with and about the products they have purchased, to inform users within the marketplace about the sellers and products before making purchases. Thus positive customer feedback has become a valuable asset for each seller in order to attract more business. This naturally creates incentives for cheating, in terms of introducing fake positive feedback. Therefore, an important responsibility of TRM systems is to aid buyers find genuine feedback (reviews) about different sellers. Recent TRM systems achieve this goal by selecting and assigning credible advisers to any new customer/buyer. These advisers are selected among the buyers who have had experience with a number of sellers and have provided feedback for their services and goods. As people differ in their tastes, the buyer feedback that would be most useful should come from advisers with similar tastes and values. In addition, the advisers should be honest, i.e. provide truthful reviews and ratings, and not malicious, i.e. not collude with sellers to favour them or with other buyers to badmouth some sellers. Defining the boundary between dishonest and honest advisers is very important. However, currently, there is no systematic approach for setting the honesty threshold which divides benevolent advisers from the malicious ones. The thesis addresses this problem and proposes a market-adaptive honesty threshold management mechanism. In this mechanism the TRM system forms a feedback system which monitors the current status of the e-marketplace. According to the status of the e-marketplace the feedback system improves the performance utilizing PID controller from the field of control systems. The responsibility of this controller is to set the the suitable value of honesty threshold. The results of experiments, using simulation and real-world dataset show that the market-adaptive honesty threshold allows to optimize the performance of the marketplace with respect to throughput and buyer satisfaction
    • 

    corecore