Research

Publications: 

Aydin, E., Eichholtz,P., Correa S. B., Holtermans, R. (2026). Split Incentives and Energy Efficiency Investment: Evidence from the Housing Market, Journal of Environmental Economics and Management. (Link)

Aydin, E., Demirtas, H.B. (2026). Heterogeneous Split-incentive Effects by Heating System: Evidence from Turkey, Energy and Buildings. (Link)

Aydin, E. (2024). Heterogeneous Impacts of Building Codes on Residential Energy Demand, Energy Economics. (Link)

Ascigil, E., Gunaydin, G., Selcuk, E., Sandstrom, G.& Aydin, E. (2023). Minimal Social Interactions and Life Satisfaction: The Role of Greeting, Thanking, and Conversing, Social Psychological and Personality Science. (Link)

Aydin, E., Brounen, D., & Ergun, A. (2023). The Rebound Effects of Solar Panel Adoption: Evidence from Dutch Households, Energy Economics (Link)

Aydin, E., Bağcı, Ç.. (2021). Love for the Globe but also the Country Matter for the Environment: Links Between Nationalistic, Patriotic, Global Identification and Pro-environmentalism. Journal of Environmental Psychology (Link)

Aydin, E., Eichholtz, P., Kok, N. & Langen, M. (2021). Getting Low from Getting High? The External Effects of Coffeeshops on House Prices. Real Estate Economics (Link)

Aydin, E., Eichholtz, P., Kok, N. & Palacios, J. (2020). The Impact of Housing Conditions on Health Outcomes. Real Estate Economics(Link)

Aydin, E., Kok, N., & Brounen, D. (2020). The Capitalization of Energy Efficiency: Evidence from the Housing Market. Journal of Urban Economics, 117. (Link)

Aydin, E, Bohorquez, S., & Brounen, D. (2019).  Energy Performance Certification and Time on the Market. Journal of Environmental Economics and Management, 98. (Link)

Aydin, E., & Brounen, D. (2019). The Impact of Policy on Residential Energy Consumption. Energy, 169, 115-129. (Link)

Aydin, E., Eichholtz, P., & Yonder, E. (2018). The Economics of Residential Solar Water Heaters in Emerging Economies: The case of Turkey. Energy Economics, 75, 285-299. (Link)

Aydin, E., Brounen, D., & Kok, N. (2018). Information provision and energy consumption: Evidence from a field experiment. Energy Economics71, 403-410. (Link)

Aydin, E., Kok, N., & Brounen, D. (2017). Energy efficiency and household behavior: The rebound effect in the residential sector. The RAND Journal of Economics48(3), 749-782. (Link)

Working Papers:

“On the Economics of Residential Solar PV: An Evaluation of Subsidies, Savings, and Benefits”, with Dirk Brounen, Linde Kattenberg and Nils Kok (R&R at Management Science) (pdf)

Work in Progress:

“Peer Effects on the Diffusion of Solar Panels in the Housing Market”.

“Energy Efficiency Premium in the Rental Housing Market”

“Dynamic Pricing and Renewable Integration: A Quasi-Experimental Analysis of Demand Response”

Non-Refereed Publications: 

Aydin, E., Hisarciklilar, M., & Ilkkaracan, I. (2010). Formal versus informal labor market segmentation in Turkey in the course of market liberalization. Topics in Middle Eastern and North African Economies12. (Link)

Projects:

Analysis of Market Failures and Behavioral Factors Affecting Energy Efficiency Investments in the Residential Sector  (Supported by TUBITAK 1001)

This project aims to empirically analyze the market failures and behavioral factors affecting residential energy efficiency investments in Turkey. The phenomenon known in the literature as the “Energy Efficiency Gap” highlights that individuals and households do not invest in cost-effective energy efficiency improvements at the expected level. This project will examine the impact of financial constraints, information asymmetry, hyperbolic discounting, inattention, peer effects, and uncertainty on household investments in energy-efficient appliances and insulation.

RentalCal Project (supported by Horizon2020)

The RentalCal project focuses on the current level of energy efficiency investments in the rented housing sector, which is in danger of missing EU policy targets. RentalCal will show a clear road map towards a sustainable housing stock and is developing models and tools for assessing the commercial viability of energy efficiency retrofitting in rental properties. This will reduce split incentive barriers – translating the positive effects of energy efficient and sustainable construction into real value and financially feasible investments for the real estate industry.

 

ORCID ID: https://orcid.org/0000-0001-9380-6852

Scopus ID: 57195391182

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