Is there an energy paradox in fuel economy? A note on the role of consumer heterogeneity and sorting bias

被引：34

作者：

Bento, Antonio M. ^{[1
]}

Li, Shanjun ^{[1
]}

Roth, Kevin ^{[2
]}

机构：

[1] Cornell Univ, Charles H Dyson Sch Appl Econ & Management, Ithaca, NY 14853 USA

[2] Dept Econ, Ithaca, NY 14853 USA

来源：

ECONOMICS LETTERS | 2012年 / 115卷 / 01期

基金：

美国国家科学基金会;

关键词：

Energy paradox; Fuel economy; Consumer heterogeneity; SPECIFICATION ERROR; MODELS;

D O I：

10.1016/j.econlet.2011.09.034

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

From the previous literature, it can be found that consumers tend to undervalue discounted future energy costs in their purchase decisions for energy-using durables. We show that this finding could, in part, result from ignoring consumer heterogeneity in empirical analyses as opposed to true undervaluation. (C) 2012 Published by Elsevier B.V.

引用

页码：44 / 48

页数：5

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