The effect of providing monetary information on energy savings for household appliances: A field trial in Spain (Record no. 518722)

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fixed length control field 02268nam a22001577a 4500
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fixed length control field 211028b ||||| |||| 00| 0 eng d
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Personal name Sola, M.D.M., Ayala, A.D, and Galarrage, I.
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Title The effect of providing monetary information on energy savings for household appliances: A field trial in Spain
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Journal of Consumer Policy
300 ## - PHYSICAL DESCRIPTION
Extent 44(2), Jun, 2021: p.279-310
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Summary, etc Energy labels are one of the most widely used policies in the European Union for increasing the energy efficiency of household appliances. However, their effectiveness in promoting energy-efficient purchases has sometimes been called into question. One of the reasons for this is that consumers may have difficulties in fully understanding the energy consumption information provided on labels (in kilowatt-hour per year). Some authors argue that to avoid this problem energy consumption information should be converted into monetary information. We analyse whether providing monetary information on lifetime energy savings can significantly increase purchases of energy-efficient appliances. To that end, a field experiment was carried out with small retailers in Spain. The experiment involved three types of appliances: washing machines, fridges and dishwashers. The impact of monetary information on actual purchases of appliances was tested in different ways: (i) by including a monetary label to display energy savings during the lifetime of the product; (ii) by the monetary information provided by sales staff; and (iii) by combining (i) and (ii). We find that the effectiveness of providing monetary information depends on the appliance and the specific way in which the information is provided. For washing machines, providing monetary information through a monetary label seems effective in promoting the purchase of highly energy-efficient appliances. However, for fridges, both monetary information provided by staff alone and the combination of the monetary label and information from sales staff seem to be effective in promoting purchases of A+++ fridges. Surprisingly, no effect is found for dishwashers. – Reproduced
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Consumers
9 (RLIN) 29875
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Main entry heading Journal of Consumer Policy
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Subject DIP CONSUMERS
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2021-10-28 44(2), Jun, 2021: p.279-310 AR125819 2021-10-28 Articles

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