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Bounded rationality is an example of an important behavioral failure responsible for the energy-efficiency gap, whereby agents under-invest in energy-efficient technologies. One means of addressing this is by improving the energy-related financial literacy of households, which is defined as the...
Persistent link: https://www.econbiz.de/10011987127
Addressing hazardous levels of air pollution in densely-populated cities in emerging countries requires concerted efforts to reduce fossil fuel use, especially in the transport sector. Given that motorcycles comprise almost 80% of vehicle sales in Nepal, a viable alternative to reduce air...
Persistent link: https://www.econbiz.de/10012211353
Air pollution is a grave problem in urban areas of developing countries, with the transport sector being one of the largest contributors to emissions. A possibility to reduce carbon dioxide emissions would be for individuals to switch to more fuel-efficient vehicles. However, a gamut of...
Persistent link: https://www.econbiz.de/10012544229
This article sheds light on a scarcely explored area of research related to herd behavior in urban settings of developing economies, where the use of motorized twowheelers has been increasing rapidly. Using primary survey-based data from Nepal, we examine whether potential motorcycle buyers in...
Persistent link: https://www.econbiz.de/10012799169
Persistent link: https://www.econbiz.de/10011747819
Information on operating costs can enable potential buyers to purchase more fuelefficient vehicles. We test this hypothesis with a randomised controlled trial in a developing country, Nepal, using personalised information provision on a unique webbased platform. We find that receiving...
Persistent link: https://www.econbiz.de/10015052039
Persistent link: https://www.econbiz.de/10011541955
Recent research highlights the role of consumer's energy-related financial literacy in adoption of energy efficient household appliances in order to reduce the energy-efficiency gap within the household sector. The computation of an indicator for such a literacy measure has followed a somewhat...
Persistent link: https://www.econbiz.de/10011975577