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David Hsu

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How Much Information Disclosure Of Building Energy Performance Is Necessary?, David Hsu Dec 2013

How Much Information Disclosure Of Building Energy Performance Is Necessary?, David Hsu

David Hsu

Many different governments have begun to require disclosure of building energy performance, in order to allow owners and prospective buyers to incorporate this information into their investment decisions. These policies, known as disclosure or information policies, require owners to benchmark their buildings and sometimes conduct engineering audits. However, given substantial variation in the cost to disclose different types of information, it is natural to ask: how much and what kind of information about building energy performance should be disclosed, and for what purposes? To answer this question, this paper assembles and cleans a comprehensive panel dataset of New York City …