Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/136502
Title: FUEL PRICES, REGULATIONS AND THE ADOPTION OF FUEL-SAVING TECHNOLOGIES AND ALTERNATIVE FUELS
Authors: DUONG HAI LONG
Keywords: fuel price, fuel economy, alternative fuel, information friction, CAFE standard, price salience
Issue Date: 31-Mar-2017
Source: DUONG HAI LONG (2017-03-31). FUEL PRICES, REGULATIONS AND THE ADOPTION OF FUEL-SAVING TECHNOLOGIES AND ALTERNATIVE FUELS. ScholarBank@NUS Repository.
Abstract: The first chapter investigates the influence of fuel-price and fuel-economy regulation on the adoption of fuel-saving technologies in new light-duty vehicles sold in the U.S. The results from a structural model that allows for endogenous technological choices show that, in adopting fuel-efficient vehicles, consumers are driven by fuel prices, while manufacturers are driven by regulations. The second chapter investigates the effect of price salience on consumer fuel choice at the pump using field experiment data from four Brazilian cities. The results from a discrete choice model that allows for imperfect price information show that consumers possess a considerable degree of price noise, which partially explains their occasional purchases of the more expensive fuel. The third chapter develops a discrete-continuous choice model to study the choice between different fuels for driving in Brazil and finds that price salience affects consumers choice along both the intensive and the extensive margins.
URI: http://scholarbank.nus.edu.sg/handle/10635/136502
Appears in Collections:Ph.D Theses (Open)

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