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Introduction to Behavioral Economy

Introduction to Behavioral Economy

          
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About the Book

House quality influences householder electricityenergy consumption behaviorCan artificial intelligence influence householder energy consumption behavior changing ? Can the house quality influence the householder electricity energy consumption or useful activities to be more or less. In general, house owners have both intentions for whose property. One intention is living the house by householder himself or herself or householder with families themselves. Another intention is that renting to others to receive rent income ( landlord). So, in the housing market, the housing consumer includes either the property owner intents to rent to others to live for rent income aim or the property buyers intents to buy the house to be house owner to live. Does these both different property purchase intentions, which will influence the householder's attitude to use electricity energy consumption desire to be more or less, due to the householder's demand to whose house quality factor influence? This is one interesting question concerns the householder electricity energy consumption desire change to the householder, due to house's investment or house's living intention influences to house quality factor.How does house quality factor influence to householder electricity energy consumption desire to be more or less? Has it relationship between house quality and house investment or living intention to cause house quality demand to influence the householder electricity energy consumption desire change or demand to be more or less? Has it relationship between regional housing market living or rent investment intentions, housing quality and electricity energy consumption more or less desire? I suppose that the determinants of the residential electricity energy demand form space-heating and cooking, due to the property quality demand influence and the householder's living or rent investment intention influence both, which will influence the householder's electricity energy consumption or useful behavior when he/she/they is/are living in the house.I argue that rent properties are not only consumer goods, but it also constitute financial market assets. It is therefore reasonable to assume that rational ( rent income investment intention) investors choose to raise housing quality ( e.g. thermal insulation technological installing at home, heating or cooling technology or artificial intelligent window, lighting, door opening or closing) in order to attract many people choose to rent whose house to live. The householder's aim is to achieve an acceptable return on investment ( ROI) or raising rent income aim when he/she rents whose house to anyone, it is easy to attract many people to choose to pay higher rent his/her house to live in the property rent market. Moreover, the another important factor is that rents and future house sale prices of properties differ regionally ( or even locally), and largely depend on housing market fundamentals, such as either the house living buyer's income levels or the house rent buyer's income levels, vacancy rates, and/or householder investor's expectations.Thus, if the householder expects to rent whose house and raises rent to attract many people choose to rent whose house to live, who will attempt to install many new technology in order to satisfy their high quality of life need when they can pay higher rent to rent to choose to rent whose houses to live. Their aim only achieves to raise housing quality, but any new technology will lead to increase electricity energy consumption or use in the house.Hence, any high quality of houses will influence the householder to use or consume more electricity energy at home. It means that the householder will choose to consume or use more electricity energy at home, if he/she or the family householder demands to live more comfortable house and he/she/they can have high quality of living life at home.


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Product Details
  • ISBN-13: 9798745270727
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 254 mm
  • No of Pages: 96
  • Spine Width: 5 mm
  • Width: 203 mm
  • ISBN-10: 8745270724
  • Publisher Date: 27 Apr 2021
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 208 gr


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