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The hidden value of car ownership

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  • Sonja Haustein

    (Technical University of Denmark)

Abstract

Private cars are valued not just for their functionality but also for the freedom, autonomy or status they offer. New research quantifies the value individuals assign to car ownership and shows that more than half of it derives from non-use value.

Suggested Citation

  • Sonja Haustein, 2021. "The hidden value of car ownership," Nature Sustainability, Nature, vol. 4(9), pages 752-753, September.
    • Handle: RePEc:nat:natsus:v:4:y:2021:i:9:d:10.1038_s41893-021-00730-6
    DOI: 10.1038/s41893-021-00730-6
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    Cited by:

    1. Cantelmo, Guido & Amini, Roja Ezzati & Monteiro, Mayara Moraes & Frenkel, Amnon & Lerner, Ofer & Tavory, Sharon Shoshany & Galtzur, Ayelet & Kamargianni, Maria & Shiftan, Yoram & Behrischi, Christiane, 2022. "Aligning users’ and stakeholders’ needs: How incentives can reshape the carsharing market," Transport Policy, Elsevier, vol. 126(C), pages 306-326.
    2. Mondal, Aupal & Bhat, Chandra R., 2022. "A spatial rank-ordered probit model with an application to travel mode choice," Transportation Research Part B: Methodological, Elsevier, vol. 155(C), pages 374-393.
    3. Iqbal Hamiduddin, 2023. "Why the Car Is Not Always King in Global South Cities: Evidence From Ulaanbaatar," Urban Planning, Cogitatio Press, vol. 8(3), pages 14-26.

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