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 …

A central question in the analysis of fuel economy policy is whether consumers are myopic
with regards to future fuel costs. We provide the first evidence on the consumer valuation of …

This research is designed to help researchers and policy makers ground their work in the
reality of how US consumers are thinking and behaving with respect to automotive fuel …

How consumers evaluate trade-offs between the cost of buying additional fuel economy and
the expected fuel savings that result is an important underlying determinant of the overall …

Debate about the appropriate design of energy policy hinges critically on whether
consumers might undervalue energy efficiency, due to myopia or some other manifestation …

This analysis exploits new data from the Vehicle Ownership and Alternatives Survey, which
elicits beliefs over the financial benefits of owning higher fuel economy vehicles. The data …

This paper presents three initial stylized facts from the Vehicle Ownership and Alternatives
Survey (VOAS), a nationally representative survey that elicits consumers' beliefs about …

A major concern with addressing the negative externalities of gasoline consumption by
regulating fuel economy, rather than increasing fuel taxes, is that households respond by …

Energy-saving technologies have a difficult time being widely accepted in the marketplace
when they have a high initial purchase price and deferred financial benefits. Consumers …

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 …