2017
DOI: 10.17059/2017-1-14
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Analysis of Consumer Behaviour in Regional Energy Consumption

Abstract: 1 Consumer behavior is perceived as an investment which does not yield results in the short run. The traditional economic theory of customer preferences is based on four main elements: customer income, the market price of goods, customer preferences, and behavioral assumption about the maximum of achievable benefits. Even though it sometimes might seem that equalizing energy consumption with behavior is not possible, it can often be described as consequences of behavior, such as turning off the lights or therm… Show more

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Cited by 13 publications
(9 citation statements)
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“…Therefore, supporting growth and development of SMEs as well as innovative policies targeted at fostering their growth should belong to the state-level priorities (Abrhám et al, 2015;Barkhatov, 2016;Barkhatov et al, 2016;Varanavicius et al, 2017). The state support is provided in financial, property, information and consulting forms and it provides one of the most important prerequisites for regional development (Brodzicki, 2016;Niño-Amézquita et al, 2017).…”
Section: Introductionmentioning
confidence: 99%
“…Therefore, supporting growth and development of SMEs as well as innovative policies targeted at fostering their growth should belong to the state-level priorities (Abrhám et al, 2015;Barkhatov, 2016;Barkhatov et al, 2016;Varanavicius et al, 2017). The state support is provided in financial, property, information and consulting forms and it provides one of the most important prerequisites for regional development (Brodzicki, 2016;Niño-Amézquita et al, 2017).…”
Section: Introductionmentioning
confidence: 99%
“…Including Azerbaijan, the economic dependence of developing countries on developed countries is manifested primarily in the fact that developed countries are "pure" ex-porters of capital to developing countries, whereas developing countries are in fact the debtors of developed ones. In foreign trade, economic dependence is manifested not only in the overall asymmetry of exports and imports, but also primarily in their market's commodity structure (Ehrenberger et al 2015;Varanavicius et al 2017). Raw materials and semi-finished products are mainly dominated in the exports of developing countries.…”
Section: Background and Literature Reviewmentioning
confidence: 99%
“…Therefore, although there are several government incentives, the success of these green technologies depends on individuals' decisions to adopt them [10,11]. This decision is linked to behavioral traits [12], thus showing the importance of understanding investor behaviors [13][14][15]. Socially responsible consumption refers to the behavior and purchasing decisions of the investor that reduce environmental or social problems [16].…”
Section: Introductionmentioning
confidence: 99%