Fuel efficiency effect on car buying choice

The results of a research to study the fuel efficiency effect in acquiring a new vehicle are presented. The methodology is based on applying a stated preference survey in the context of a choice experiment with two unlabeled alternatives, which are characterized by the car cost and fuel efficiency.B...

সম্পূর্ণ বিবরণ

গ্রন্থ-পঞ্জীর বিবরন
প্রধান লেখক: Morales-Rodríguez, Julián Eduardo, Ortiz-Durán, Deysy Jeannette, Márquez-Díaz, Luis Gabriel
বিন্যাস: Online
ভাষা:spa
প্রকাশিত: Universidad Pedagógica y Tecnológica de Colombia 2016
বিষয়গুলি:
অনলাইন ব্যবহার করুন:https://revistas.uptc.edu.co/index.php/ingenieria/article/view/4629
বিবরন
সংক্ষিপ্ত:The results of a research to study the fuel efficiency effect in acquiring a new vehicle are presented. The methodology is based on applying a stated preference survey in the context of a choice experiment with two unlabeled alternatives, which are characterized by the car cost and fuel efficiency.Based on the data collected, a Multinomial Logit model was estimated, which allowed to study different choice scenarios. On average, it was found that individuals are willing to pay up to 1.020.000 Colombian pesos by a new vehicle which improves fuel efficiency at 1 kilometer/gallon. This value may be useful as reference for the automotive industry in the effort to produce higher performance vehicles.