How Cognitive Biases Affect Energy Performance Gap in Low Energy Buildings

70 Pages Posted: 10 Feb 2018 Last revised: 24 May 2019

See all articles by Lucie Martin-Bonnel de Longchamp

Lucie Martin-Bonnel de Longchamp

University of Strasbourg

Nicolas Lampach

KU Leuven - Centre for Legal Theory and Empirical Jurisprudence

Ludovic Parisot

KU Leuven - Faculty of Law

Date Written: January 31, 2018

Abstract

We examine the effect of four cognitive biases related to occupants energy-behaviour on the energy performance gap by applying regression analysis to data collected from a pilot energy conservation program located in northeastern France. To avoid a set of potential problems in observational studies, we draw on predictive modelling tools, multiple imputation method, and inverse probability weighting strategy. Our results manifest the presence of a status quo bias referring to manual ventilation behaviour and an optimism bias associated with occupants' energy consumption behaviour yielding significantly higher net losing energy savings. Replacing missing observations with imputed values confirms these empirical findings and suggests evidence for an attitude-behaviour gap whereupon occupants with high pro-environmental attitudes do not significantly differ from others. Controlling for endogeneity reveals the presence of an intention-behaviour gap related to occupants' ecological motives and corroborates the robustness of the other findings. We conclude that self-reported energy behaviour and environmental attitudes might be a valid measurement for occupants' cognitive biases.

Keywords: Cognitive bias; Energy performance gap; Inverse probability weighting strategy; Machine learning; Multiple imputation method; Renovation

JEL Classification: C49, C53, D01, O13, Q48

Suggested Citation

Martin-Bonnel de Longchamp, Lucie and Lampach, Nicolas and Parisot, Ludovic, How Cognitive Biases Affect Energy Performance Gap in Low Energy Buildings (January 31, 2018). Available at SSRN: https://ssrn.com/abstract=3114262 or http://dx.doi.org/10.2139/ssrn.3114262

Lucie Martin-Bonnel de Longchamp

University of Strasbourg ( email )

61, avenue de la foret noire
Strasbourg, 3000
France

Nicolas Lampach (Contact Author)

KU Leuven - Centre for Legal Theory and Empirical Jurisprudence ( email )

Tiensestraat 41
Leuven, B-3000
Belgium

Ludovic Parisot

KU Leuven - Faculty of Law ( email )

Tiensestraat 41
Leuven, B-3000
Belgium

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