Note on implict consumer discounting of automobile fuel economy: reviewing the available evidence
Journal Article
·
· Transp. Res., Part B: Methodol.; (United States)
A key element in the long run response of the automotive market to higher fuel prices is consumers' willingness to pay for fuel economy improvements. Eight recent studies are examined and estimates of asset price/operating cost discount rates are derived for each. A critical comparison of results suggests that most are implausible. Plausible estimates range from 4 to 40% as a function of household income.
- Research Organization:
- Oak Ridge National Lab., TN
- DOE Contract Number:
- W-7405-ENG-26
- OSTI ID:
- 5985770
- Journal Information:
- Transp. Res., Part B: Methodol.; (United States), Journal Name: Transp. Res., Part B: Methodol.; (United States) Vol. 17B:6; ISSN TRBMD
- Country of Publication:
- United States
- Language:
- English
Similar Records
Survey Evidence on the Willingness of U.S. Consumers to Pay for Automotive Fuel Economy
Estimate of consumer discount rates implicit in single-family-housing construction practices
Automobile consumer response to fuel economy information and technology. A compendium of appendices to the final report
Journal Article
·
Mon Dec 31 23:00:00 EST 2012
· Energy Policy
·
OSTI ID:1092260
Estimate of consumer discount rates implicit in single-family-housing construction practices
Technical Report
·
Tue Mar 31 23:00:00 EST 1981
·
OSTI ID:6548573
Automobile consumer response to fuel economy information and technology. A compendium of appendices to the final report
Technical Report
·
Thu Apr 22 23:00:00 EST 1982
·
OSTI ID:6709022