Titlebar

Export bibliographic data
Literature by the same author
plus on the publication server
plus at Google Scholar

 

Estimating fair Rent Increases after Building Retrofits : A Max-Min Fairness Approach

Title data

Ahlrichs, Jakob ; Rockstuhl, Sebastian:
Estimating fair Rent Increases after Building Retrofits : A Max-Min Fairness Approach.
In: Energy Policy. (2022) .
ISSN 0301-4215

Project information

Project title:
Project's official titleProject's id
Projektgruppe WI Nachhaltiges Energiemanagement & MobilitätNo information

Abstract in another language

Residential building retrofits are one crucial instrument to reduce greenhouse gas emissions. Due to the high proportion of rental dwellings in Germany, one particular focus is on rental building retrofits. To increase the attractiveness of retrofits, landlords can charge a certain percentage of the investment amount in retrofitting on top of the current rent, i.e., a percentage-retrofitting-fee. This study applies a max-min fairness scheme to derive a model from estimating fair percentage-retrofitting-fees, including tenants, landlords, and society's environmental and economic interests. Additionally, this model includes the tenant's risk of uncertain energy bill savings after the retrofit, using expected utility theory. Further, two policy instruments, subsidies and environmental taxes, are included in the analysis and their impact on fair percentage-retrofitting-fees is derived. The results of a case study on the German retrofitting market show how the efficiency standard of the building and the investment amount in energy efficiency influence the fair percentage-retrofitting-fee. This study reveals that current regulations concerning percentage-retrofitting-fees are not fair for either the landlord or the tenant. Above that, we illustrate that the fair percentage-retrofitting-fee increases with either the height of the subsidies or the height of an emission tax rate.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: Rental building retrofit; Energy efficiency investment; Max-min fairness; Expected utility theory; Environmental policy
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professor Information Systems and Digital Energy Management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professor Information Systems and Digital Energy Management > Professor Information Systems and Digital Energy Management - Univ.-Prof. Dr. Jens Strüker
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Faculties
Faculties > Faculty of Law, Business and Economics
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 23 Mar 2022 10:31
Last Modified: 01 Apr 2022 11:39
URI: https://eref.uni-bayreuth.de/id/eprint/68987