The use of Stated Preferences to forecast alternative fuel vehicles market diffusion: Comparisons with other methods and proposal for a Synthetic Utility Function

Jérôme Massiani

No 2013:12, Working Papers from Department of Economics, University of Venice "Ca' Foscari"

Abstract: Stated Preferences are, together with Bass diffusion and, to a lesser extent, Total Cost of Ownership, the most popular methods to forecast the future diffusion of electric and alternative fuel vehicles. In this contribution, we compare the merits and limitations of SP relative to other methods. We also review the empirical results provided by SP surveys and assess their validity for modeling market diffusion. We also propose a meta-analysis-based Synthetic Utility Function that consolidates results across various studies and can be used, for simulation purpose, in a Discrete Choice Model context. Such an approach makes the simulation results less dependent of single surveys� idiosyncrasies, and hence is helpful for the formulation of robust policy recommendations.

Keywords: Stated Preferences; Alternative fuel vehicle; market diffusion (search for similar items in EconPapers)
JEL-codes: C53 O33 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2013
New Economics Papers: this item is included in nep-dcm, nep-ene, nep-for, nep-tre and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ven:wpaper:2013:12

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