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Defensive purchasing and motor-vehicle policy effectiveness

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Author Info
Ando, Amy W.
Brozovic, Nicholas

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Abstract

We present a theory of vehicle choice where utility depends on the vehicle choices made by other consumers. We use parameters from current transportation and public safety data to show that changes in motor vehicle policy may have unexpectedly large or non-existent effects on safety, fleet mix, and the environment.

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File URL: http://purl.umn.edu/20404
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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number 20404.

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Date of creation: 2004
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Handle: RePEc:ags:aaea04:20404

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Related research
Keywords: Public Economics;

References listed on IDEAS
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  1. Dreyfus, Mark K & Viscusi, W Kip, 1995. "Rates of Time Preference and Consumer Valuations of Automobile Safety and Fuel Efficiency," Journal of Law & Economics, University of Chicago Press, vol. 38(1), pages 79-105, April.
  2. David L. Greene, 1992. "Vehicle Use and Fuel Economy: How Big is the "Rebound" Effect?," The Energy Journal, International Association for Energy Economics, vol. 13(1), pages 117-144.
  3. Kwoka, John E, Jr, 1983. "The Limits of Market-Oriented Regulatory Techniques: The Case of Automotive Fuel Economy," The Quarterly Journal of Economics, MIT Press, vol. 98(4), pages 695-704, November. [Downloadable!] (restricted)
  4. Kleit, Andrew N, 1990. "The Effect of Annual Changes in Automobile Fuel Economy Standards," Journal of Regulatory Economics, Springer, vol. 2(2), pages 151-72, June.
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This page was last updated on 2009-12-11.

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