Vehicle leasing involves a consumer renting a car for an average of three years. Given the
typical lease length, we show that estimating valuation of leased vehicle fuel costs is …

This dissertation examines the process by which consumers decide which automobile to
purchase and how to finance their decision. Although prior research of automobile leasing …

The US automotive market is evolving to a more fuel efficient fleet, and alternative
powertrains are part of the mix of options manufacturers and consumers view as part of this …

Growing recognition of climate change, energy security, and rising fuel prices leads to the
analyses of policy actions aimed at reducing the fuel use of light-duty vehicles in the United …

New vehicle purchases by private companies and government agencies, or 'fleet'buyers,
represent a significant percentage of overall new vehicle sales in the United States. Yet little …

SINCE THE AMOUNT OF CARBON RELEASED BY A gallon of gasoline is independent of
the manner in which it is combusted, if consumers acknowledge the full value of fuel …

Leases constitute approximately 30% of the overall new vehicle market; however, leases
constitute 60-70% of the luxury vehicle market. For many consumers, the decision to lease …

This thesis is comprised of three essays examining the pricing of used automobiles. The first
essay examines a moral hazard problem faced by fleet automobile owners. The drivers of …

The need for and efficacy of CAFE standards for auto-makers depends largely on whether
consumers properly value fuel efficiency in their vehicle purchases. In this paper we use …

In this study, we investigate household vehicle leasing versus financing behavior using the
Interview Survey Portions of the 2001 Consumer Expenditure Survey. Two research …