Work Package 1

Development of Theoretical Framework 

Lead Beneficiary: BC3
Work Package Leader: Ibon Galarraga

WP1 will focus on developing the theoretical framework on how consumers make investment decisions that involve an energy component to inform research questions, hypotheses and design of the empirical work of WPs 2-4.


The specific objectives of WP1 are:

- To review existing, ongoing and new research on factors influencing consumers decision-making related to energy, in particular EU energy efficiency (EE) labelling for different sectors (appliances, buildings and cars) and for specified consumer groups (households, services, agriculture and industry)

- To develop a theoretical model on consumers decision making that involve an energy component as a function of consumer needs, preferences, attitudes and socio-economic characteristics, product characteristics, existing EE policies and behavioural economic considerations (e.g. time discounting). 

WP1 will focus on developing the theoretical framework on how consumers make investment decisions that involve an energy component...