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Risk assessment of not achieving energy performance after renovation : cognitive biases, information asymmetries and optimal incentives

Abstract : This thesis aims at contributing to make the energy renovation market long-lasting and self-sustaining. To achieve this, our objective is to quantify the risk of not achieving energy performance after renovation. First, we analyze households’ psychological factors that should be considered to improve energy consumption prediction models. Drawing on the Je rénove BBC program, we highlight four cognitive biases that negatively impact the difference between actual and predicted energy consumption. We then study the most appropriate contract structures improving the flow and quality of renovation projects, encouraging craftsmen to work better. On one hand, we determine optimal contracts for an Agent who has to perform two tasks and underestimates the impact of one of them on the building's performance. On the other hand, we test individual-based and group-based incentives on the ability of several real Agents (craftsmen) to coordinate, according to their initial training (DORéMI, …).
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https://tel.archives-ouvertes.fr/tel-02390611
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Submitted on : Tuesday, December 3, 2019 - 10:58:15 AM
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  • HAL Id : tel-02390611, version 1

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Lucie Martin-Bonnel de Longchamp. Risk assessment of not achieving energy performance after renovation : cognitive biases, information asymmetries and optimal incentives. Economics and Finance. Université de Strasbourg, 2019. English. ⟨NNT : 2019STRAB002⟩. ⟨tel-02390611⟩

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