Consumer Preferences for Automobile Energy Efficiency Grades
Recently, increases in energy prices have made energy conservation and efficiency improvements even more essential than in the past. With the rising cost of oil, specifically, energy efficiency has become one of the principal factors relevant to the choice of an automobile. However, due to the difficulty experienced by general consumers in obtaining reliable information regarding energy efficiency, in many countries around the world energy efficiency label regulations have been implemented which enforce a system of energy efficiency grade labeling. In this study, consumer preferences regarding energy efficiency grade were analyzed by estimating the marginal willingness to pay and the relative importance of energy efficiency grade using several discrete choice methods, including the multinomial logit, mixed logit, and mixed multiple discrete-continuous extreme value models.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||Nov 2009|
|Date of revision:||Nov 2009|
|Contact details of provider:|| Postal: |
Web page: http://temep.snu.ac.kr/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Daniel McFadden & Kenneth Train, 2000. "Mixed MNL models for discrete response," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 15(5), pages 447-470.
- Kenneth Train, 2003. "Discrete Choice Methods with Simulation," Online economics textbooks, SUNY-Oswego, Department of Economics, number emetr2, March.
- David Revelt & Kenneth Train, 1998. "Mixed Logit With Repeated Choices: Households' Choices Of Appliance Efficiency Level," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 647-657, November.
- Brownston, David & Bunch, David S. & Train, Kenneth, 1999.
"Joint mixed logit models of stated and revealed preferences for alternative-fuel vehicles,"
University of California Transportation Center, Working Papers
qt7rf7s3nx, University of California Transportation Center.
- Brownstone, David & Bunch, David S. & Train, Kenneth, 2000. "Joint mixed logit models of stated and revealed preferences for alternative-fuel vehicles," Transportation Research Part B: Methodological, Elsevier, vol. 34(5), pages 315-338, June.
- Brownstone, David & Bunch, David S & Train, Kenneth, 1999. "Joint mixed logit models of stated and revealed preferences for alternative-fuel vehicles," University of California Transportation Center, Working Papers qt45f996hh, University of California Transportation Center.
When requesting a correction, please mention this item's handle: RePEc:snv:dp2009:200932. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jorn Altmann)
If references are entirely missing, you can add them using this form.