Information-sharing mechanism of synergistic incentive among EPC subjects of energy efficiency retrofitting of existing buildings against COVID-19

Yanping Yang and Bojun Wang

International Journal of Low-Carbon Technologies, 2021, vol. 16, issue 3, 1047-1059

Abstract: The pandemic situation of COVID-19 blocks many traditional information exchange paths, intensifies the information asymmetry in the implementation of the energy efficiency retrofitting project of existing building and seriously affects the decision-making effect of the energy performance contracting (EPC) subject. Therefore, based on the information-sharing platform, this paper constructs the synergistic incentive framework; designs the computational experimental models from the aspects of system information structure, system organization structure, synergistic communication strategy and subject knowledge structure; and analyzes the influence mechanism and evolution law of information on synergistic incentive performance from the two dimensions of the influence of the synergy cycle on the incentive performance and the influence of the incentive cycle on the synergy degree. The results show that increasing the information redundancy length and the information redundancy width can improve the synergy degree and incentive validity. The concentration of subject number or information dimension in a certain information area can quickly improve the synergy degree and incentive utility in the early stage of the synergistic incentive cycle, but the above situation is opposite in the later stage. Increasing the information communication path is beneficial to the effective information dissemination among subjects and can improve the efficiency of the decision-making of the subjects. Lastly, considering the background of COVID-19 epidemic situation, this paper puts forward the remedial methods and coping strategies make up for the lack of synergistic incentive information between EPC subjects. Research results can provide strong support for the design of synergistic incentive mechanism of EPC subjects.

Keywords: the information-sharing mechanism; synergistic incentive; EPC subjects; COVID-19 (search for similar items in EconPapers)
Date: 2021
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