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Future research should strive for increasing external validity, using better instruments, and evaluating the effectiveness of different information formats for LCC disclosure.
Comprehensive assessments of final consumption have identified “housing” as a major contributor to total environmental impacts. Within this category, electrical-energy-using products are important. Do consumers opt for more energy-efficient household appliances if they are provided with life cycle cost (LCC) -- that is, the sum of purchase price and operating cost estimated over the life span of the appliance? And what consequences does LCC disclosure have for business? Physical energy figures shown on appliance labels may be cognitively demanding for consumers, whereas monetary information promises to simplify the decision problem. Despite the rising interest in monetary cost disclosure, its effectiveness relative to physical cost disclosure has not been rigorously evaluated. This research approached the question of effectiveness with an online field experiment for washing machines. Customers of a commercially operating online shop were randomly assigned to two groups. The control group was provided with regular product price information; the treatment group received additional LCC information. A total of 2,065 clicks were recorded and analyzed with multiple regression that controlled for several product characteristics. The evidence suggests that LCC disclosure decreases the mean specific energy use of chosen washing machines by 0.8% (p
This book summarizes the latest research on advanced intelligent systems in the fields of energy and electrical engineering, presented at the second edition of the International Conference on Advanced Intelligent Systems for Sustainable Development (AI2SD’2019), held in Marrakech from 8 to 11 July 2019, Morocco. This book is intended for researchers, professionals and anyone interested in the development of advanced intelligent systems in the electrical engineering sector. The solutions featured focus on three main areas: motion control in complex electromechanical systems, including sensorless control; fault diagnosis and fault-tolerant control of electric drives; and new control algorithms for power electronics converters. In addition, the book includes a range of research using new technologies and advanced approaches. Offering a platform for researchers in the field of energy to share their work related to the problem of management and optimization of energy, which is a major current concern, the book mainly focuses on areas that go hand in hand with the Industrial Revolution 4.0, such as solar energy computing systems, smart grids, hydroelectric power computing systems, thermal and recycling computing systems, eco-design intelligent computing systems, renewable energy for IT equipment, modeling green technology, and renewable energy systems in smart cities. The authors of each chapter report the state of the art in the topics addressed and the results of their own research, laboratory experiments, and successful applications in order to share the concept of advanced intelligent systems and appropriate tools and techniques for modeling, storage management, as well as decision support in the field of electrical engineering. Further, the book discusses a number of future trends and the potential for linking control theory, power electronics, artificial neural networks, embedded controllers and signal processing.
Psychology and Climate Change: Human Perceptions, Impacts, and Responses organizes and summarizes recent psychological research that relates to the issue of climate change. The book covers topics such as how people perceive and respond to climate change, how people understand and communicate about the issue, how it impacts individuals and communities, particularly vulnerable communities, and how individuals and communities can best prepare for and mitigate negative climate change impacts. It addresses the topic at multiple scales, from individuals to close social networks and communities. Further, it considers the role of social diversity in shaping vulnerability and reactions to climate change. Psychology and Climate Change describes the implications of psychological processes such as perceptions and motivations (e.g., risk perception, motivated cognition, denial), emotional responses, group identities, mental health and well-being, sense of place, and behavior (mitigation and adaptation). The book strives to engage diverse stakeholders, from multiple disciplines in addition to psychology, and at every level of decision making - individual, community, national, and international, to understand the ways in which human capabilities and tendencies can and should shape policy and action to address the urgent and very real issue of climate change. Examines the role of knowledge, norms, experience, and social context in climate change awareness and action Considers the role of identity threat, identity-based motivation, and belonging Presents a conceptual framework for classifying individual and household behavior Develops a model to explain environmentally sustainable behavior Draws on what we know about participation in collective action Describes ways to improve the effectiveness of climate change communication efforts Discusses the difference between acute climate change events and slowly-emerging changes on our mental health Addresses psychological stress and injury related to global climate change from an intersectional justice perspective Promotes individual and community resilience
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This Handbook discusses the main issues, research, and theory on business and the natural environment, and how they impact on different business functions and disciplines
This is the report on a special national conference dealing with the subject of Consumer Research for Consumer Policy. The conference was held July 28-29, 1977 in Cambridge, Massachusetts, and was hosted by the Center for Policy Alternatives at M.I.T. under funding support of the National Science Foundation. The purpose of the meetings was to begin building stronger connections between consumer research and consumer policy formulation in both the public and private sectors. The participants included nearly one hundred specialists from business, academia, consumer advocacy groups, and the private research community. This report includes: (1) an overview of the total proceedings, with recommendations for future such efforts; (2) a synthesis of issues raised in the workshops and open discussions of the conference; (3) the full texts of ten original papers prepared for this conference, accompanied by summaries of discussants remarks; and (4) an inventory of suggested research priorities in the consumer policy areas.
Life cycle cost (LCC) computations are a well-established instrument for the evaluation of intertemporal choices in organizations, but they have not been widely adopted by private consumers yet. Consumer investment decisions for products and services with higher initial costs and lower operating costs are potentially subject to numerous cognitive biases, such as present-biased preferences or framing effects. This article suggests a classification for categorizing different cost profiles for eco-innovation and a conceptual model for the influence of LCC information on consumer decisions regarding eco-innovation. It derives hypotheses on the decision-making process for eco-innovation from a theoretical perspective. To verify the hypotheses, the publication reviews empirical studies evaluating the effects of LCC information on consumer investment decisions. It can be concluded that rather than finding ways to make customers pay more for environmentally sound products, the marketing challenge for eco-innovation should be reconceptualized as one of lowering customers' perceived initial cost and increasing awareness of LCC. Most existing studies report a positive effect of LCC information on the purchase likelihood of eco-innovations. Disclosing LCC information provides an important base for long-term thinking on the individual, corporate, and policy levels.