Chang Su – författare

This book examines the energy efficiency gap and explores why many energy-saving investments that appear cost-effective are not adopted in practice. It brings together economic theory, behavioral insights, and policy analysis to provide a coherent framework for understanding decision-making in energy use across households, firms, and public institutions.The book highlights the roles of market failure, behavioral frictions, and institutional contexts in energy efficiency investment. It develops a set of intuitive conceptual models to clarify how these factors shape investment choices, and complements them with empirical evidence and real-world examples drawn from energy use, appliance adoption, and environmental policy.The book is intended for researchers, graduate students, and policymakers working in energy economics, environmental policy, and applied microeconomics. It offers readers a structured way to interpret observed behavior and to evaluate the design and effectiveness of policy interventions, including pricing, standards, and informational programs. By connecting theory with practical policy questions, the book provides a clear account of when and why the energy efficiency gap arises, and what can be done to address it in a realistic institutional setting.

Since 2015, China has actively promoted “third-party market cooperation” as a new model of international economic engagement. This approach brings together China, advanced economies, and beneficiary countries to jointly develop infrastructure and construction projects, moving beyond traditional bilateral cooperation framework. Official narratives portray tripartite cooperation as a “triple-win” arrangement that combines China’s manufacturing capacity, partner countries’ advanced technologies, and the development needs of beneficiary countries. While such cooperation promises risk-sharing, resource complementarity, and enhanced project quality, it also introduces new challenges, including higher transaction costs, divergent governance practices, and complex negotiations among multiple actors.Addressing the central question of why stakeholders choose tripartite cooperation and how three-party collaboration shapes project outcomes, the book makes both theoretical and practical contributions. It integrates transaction cost theory, international relations theory, foreign direct investment theory, and infrastructure natural monopoly theory to advance a novel concept of “semi-internalisation.” The analysis provides policymakers, practitioners, and scholars with a framework to understand partner selection, interest alignment, and the evolving dynamics of one of China’s significant yet understudied innovations in global economic cooperation

Since 2015, China has actively promoted “third-party market cooperation” as a new model of international economic engagement. This approach brings together China, advanced economies, and beneficiary countries to jointly develop infrastructure and construction projects, moving beyond traditional bilateral cooperation framework. Official narratives portray tripartite cooperation as a “triple-win” arrangement that combines China’s manufacturing capacity, partner countries’ advanced technologies, and the development needs of beneficiary countries. While such cooperation promises risk-sharing, resource complementarity, and enhanced project quality, it also introduces new challenges, including higher transaction costs, divergent governance practices, and complex negotiations among multiple actors.Addressing the central question of why stakeholders choose tripartite cooperation and how three-party collaboration shapes project outcomes, the book makes both theoretical and practical contributions. It integrates transaction cost theory, international relations theory, foreign direct investment theory, and infrastructure natural monopoly theory to advance a novel concept of “semi-internalisation.” The analysis provides policymakers, practitioners, and scholars with a framework to understand partner selection, interest alignment, and the evolving dynamics of one of China’s significant yet understudied innovations in global economic cooperation