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Defensive purchasing and motor-vehicle policy effectiveness

Author

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  • Ando, Amy Whritenour
  • Brozovic, Nicholas

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.

Suggested Citation

  • Ando, Amy Whritenour & Brozovic, Nicholas, 2004. "Defensive purchasing and motor-vehicle policy effectiveness," 2004 Annual meeting, August 1-4, Denver, CO 20404, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20404
    DOI: 10.22004/ag.econ.20404
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    References listed on IDEAS

    as
    1. Kleit, Andrew N, 1990. "The Effect of Annual Changes in Automobile Fuel Economy Standards," Journal of Regulatory Economics, Springer, vol. 2(2), pages 151-172, June.
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    3. Dreyfus, Mark K & Viscusi, W Kip, 1995. "Rates of Time Preference and Consumer Valuations of Automobile Safety and Fuel Efficiency," Journal of Law and Economics, University of Chicago Press, vol. 38(1), pages 79-105, April.
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    7. Godek, Paul E, 1997. "The Regulation of Fuel Economy and the Demand for "Light Trucks."," Journal of Law and Economics, University of Chicago Press, vol. 40(2), pages 495-509, October.
    8. John E. Kwoka, 1983. "The Limits of Market-Oriented Regulatory Techniques: The Case of Automotive Fuel Economy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(4), pages 695-704.
    Full references (including those not matched with items on IDEAS)

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