Selection of energy performance contracting business models: A behavioral decision-making approach

2017 ◽  
Vol 72 ◽  
pp. 422-433 ◽  
Author(s):  
Quande Qin ◽  
Fuqi Liang ◽  
Li Li ◽  
Yi-Ming Wei
Keyword(s):  
Decision Making ◽  
Business Models ◽  
Energy Performance ◽  
Performance Contracting ◽  
Behavioral Decision Making ◽  
Behavioral Decision ◽  
Selection Of ◽  
Energy Performance Contracting

scholarly journals Promoting Energy Performance Contracting for Achieving Urban Sustainability: What is the Research Trend?

Energies ◽  
2019 ◽  
Vol 12 (8) ◽  
pp. 1443 ◽  
Author(s):  
Zhang ◽  
Yuan
Keyword(s):  
Business Models ◽  
Energy Performance ◽  
Research Trends ◽  
Research Trend ◽  
Future Research ◽  
Major Research ◽  
Research Topics ◽  
Performance Contracting ◽  
The Past ◽  
Energy Performance Contracting

The increasing demand for applying energy performance contracting (EPC) for urban energy conservation has resulted in a significant amount of publications over the past decade. This study tries to identify future research trends in the subject of EPC through analyzing 127 journal papers published from 2008 to 2018. Based on the analysis and discussion of the EPC research, several main research trends were identified. The research results reveal an increasing research interest in EPC over the period. The findings imply that case study is the major research method and descriptive analysis and statistical analysis are primarily used for data analysis. In addition, EPC research in the past decade focused on five major research topics, which are ‘implementation of EPC projects’, ‘EPC mechanism and business models’, ‘decision-making in EPC projects’, ‘Energy Service Companies (ESCOs) in EPC projects’, and ‘risk management in EPC projects’. Based on the five research topics, future research trends and directions in EPC were identified as well. The findings of this study can be informative and valuable for guiding future research in EPC, and are particularly helpful for researchers who are keen to open a new window of investigating EPC issues worldwide.

The effects of optimism on self-framing and risky decision making

2020 ◽  
Vol 48 (10) ◽  
pp. 1-9
Author(s):  
Ran Zhang ◽  
Luming Zhao ◽  
Lin Wu ◽  
Hongxu Chen ◽  
Gaoxing Zhou ◽  
...  
Keyword(s):  
Decision Making ◽  
Framing Effect ◽  
Risky Decision Making ◽  
Risky Decision ◽  
Life Orientation Test ◽  
Life Orientation ◽  
Risk Seeking ◽  
Behavioral Decision Making ◽  
Behavioral Decision ◽  
Orientation Test

The framing effect is a key topic that has been insufficiently studied in research on behavioral decision making. In our study we explored the effects of optimism on self-framing and risky decision making. Participants were 416 undergraduates who responded to the Life Orientation Test and a self-framing test based on the Asian disease problem. The results demonstrate that, compared with people low in optimism, highly optimistic individuals tended to use more positive words to describe problems, generate more positive frames, and choose more risky options. There was also a significant self-framing effect: Participants with a negative frame tended to be risk-seeking, whereas those with a positive frame tended to avoid risks. Additionally, selfframing suppressed the effect of optimism on risky decision making. We can conclude that optimism has significant effects on self-framing and risky decision making.

scholarly journals A Systematic Literature Review of Multi-Criteria Decision-Making Methods for Sustainable Selection of Insulation Materials in Buildings

2021 ◽  
Vol 13 (2) ◽  
pp. 737
Author(s):  
Indre Siksnelyte-Butkiene ◽  
Dalia Streimikiene ◽  
Tomas Balezentis ◽  
Virgilijus Skulskis
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Energy Demand ◽  
Energy Performance ◽  
Future Research ◽  
Multi Criteria Decision Making ◽  
Insulation Materials ◽  
Advantages And Disadvantages ◽  
Selection Of

The European Commission has recently adopted the Renovation Wave Strategy, aiming at the improvement of the energy performance of buildings. The strategy aims to at least double renovation rates in the next ten years and make sure that renovations lead to higher energy and resource efficiency. The choice of appropriate thermal insulation materials is one of the simplest and, at the same time, the most popular strategies that effectively reduce the energy demand of buildings. Today, the spectrum of insulation materials is quite wide, and each material has its own specific characteristics. It is recognized that the selection of materials is one of the most challenging and difficult steps of a building project. This paper aims to give an in-depth view of existing multi-criteria decision-making (MCDM) applications for the selection of insulation materials and to provide major insights in order to simplify the process of methods and criteria selection for future research. A systematic literature review is performed based on the Search, Appraisal, Synthesis and Analysis (SALSA) framework and the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) statement. In order to determine which MCDM method is the most appropriate for different questions, the main advantages and disadvantages of different methods are provided.

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