Tailored interventions in a major life decision: A home relocation discrete choice experiment

Velvart, Joëlle and Dato, Prudence and Kuhlmey, Florian. (2022) Tailored interventions in a major life decision: A home relocation discrete choice experiment. WWZ Working Paper, 2022 (03).

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Official URL: https://edoc.unibas.ch/87926/

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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.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Umweltökonomie (Krysiak)
12 Special Collections > WWZ Publications > WWZ Discussion Papers and Working Papers
UniBasel Contributors:Velvart, Joëlle and Kuhlmey, Florian and Dato, Prudence
Item Type:Working Paper
Number of Pages:53
Note:Publication type according to Uni Basel Research Database: Discussion paper / Internet publication
Identification Number:
  • handle: RePEc:bsl:wpaper:2022/03
edoc DOI:
Last Modified:22 Apr 2022 09:54
Deposited On:08 Mar 2022 09:50

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