Jacob Policzer Janice Sin Christine Sum
Split incentives in private residential buildings Suboptimal energy efficiency investments LANDLORD/ HOUSING ASSN LANDLORD/ HOUSING ASSN TENANT/ OWNER TENANT/ OWNER Rent Living space Energy payments Energy- related investments in building infrastructure
MunicipalityBankLandlordTenantEnergy co. Local Contractors ✔ ✔✔ ✔ € Stimulate local economy Lower transaction costs Increase awareness/incentives for tenants Lower uncertainty of returns on investment ✔ L T T L T T