Defensive purchasing and motor-vehicle policy effectiveness
Amy Ando () and
No 20404, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
We present a theory of vehicle choice where utility depends on the vehicle choices made by other consumers. We use parameters from current transportation and public safety data to show that changes in motor vehicle policy may have unexpectedly large or non-existent effects on safety, fleet mix, and the environment.
Keywords: Public; Economics (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20404
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