作者
Hunt Allcott, Christopher Knittel
发表日期
2019/2/1
期刊
American Economic Journal: Economic Policy
卷号
11
期号
1
页码范围
1-37
出版商
American Economic Association
简介
It is often asserted that consumers are poorly informed about and inattentive to fuel economy, causing them to buy low-fuel economy vehicles despite their own best interest. This paper presents evidence on this assertion through two experiments providing fuel economy information to new vehicle shoppers. Results show zero statistical or economic effect on average fuel economy of vehicles purchased. In the context of a simple optimal policy model, the estimates suggest that current and proposed US fuel economy standards are significantly more stringent than needed to address the classes of imperfect information and inattention addressed by our interventions. (JEL C93, D12, D83, D91, L62, Q48)
引用总数
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