Libertarian paternalistic instruments fostering sustainable energy consumption: An analysis based on energy-efficient LED technology

Bianca Blum, Julian Hübner, Harald Berger and Karl Justus Bernhard Neumärker

No 03-2018, The Constitutional Economics Network Working Papers from University of Freiburg, Department of Economic Policy and Constitutional Economic Theory

Abstract: [Introduction ...] The focus of this paper is the analysis of the extent to which the "energy efficiency gap" can be closed with the help of this new behavioral economic approach. The light-emitting diode (LED) will be the main subject of the investigation, as it is extremely energy efficient, relatively cheap, and the change to LED bulbs is technically very easy to implement for any household. In the next section, we will state the theory behind the libertarian paternalism and its justification. Afterwards, several libertarian paternalistic instruments will be introduced. Since the literature already contains a broad variety of such instruments, this paper will focus on those, who delivered robust results in experiments and can be linked with energy consumption. We conclude this paper in the final section with a summary of the main findings and a lookout for what is to come.

Date: 2018
New Economics Papers: this item is included in nep-ene
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/179263/1/1023237318.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:cenwps:032018

Access Statistics for this paper

More papers in The Constitutional Economics Network Working Papers from University of Freiburg, Department of Economic Policy and Constitutional Economic Theory Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().