دانلود مقاله ISI انگلیسی شماره 138729
کد مقاله سال انتشار مقاله انگلیسی ترجمه فارسی تعداد کلمات
138729 2017 9 صفحه PDF سفارش دهید 7566 کلمه
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عنوان انگلیسی
When do households invest in solar photovoltaics? An application of prospect theory
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Energy Policy, Volume 109, October 2017, Pages 270-278

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چکیده انگلیسی

While investments in renewable energy sources (RES) are incentivized around the world, the policy tools that do so are still poorly understood, leading to costly misadjustments in many cases. As a case study, the deployment dynamics of residential solar photovoltaics (PV) invoked by the German feed-in tariff legislation are investigated. Here we report a model showing that the question of when people invest in residential PV systems is found to be not only determined by profitability, but also by profitability's change compared to the status quo. This finding is interpreted in the light of loss aversion, a concept developed in Kahneman and Tversky's prospect theory. The model is able to reproduce most of the dynamics of the uptake with only a few financial and behavioral assumptions.

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