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Vehicle Choice in an Aging Population: Some Insights from a Stated Preference Survey for California

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  • Chris Kavalec

Abstract

This paper investigates the potential effects that an aging "baby boomer" generation will have on gasoline use through their vehicle choice decisions. The study uses stated preference data for both conventional and alternative fuel vehicles, and measures the impact of age of survey respondent on the perceived value of vehicle characteristics such as fuel economy, performance, and body style (e.g., car vs. truck). The results suggest the possibility that average fleet fuel economy may improve in the next few years, if survey preferences translate to actual purchase behavior. No clear implications can be drawn regarding the demand for alternative fuel vehicles.

Suggested Citation

  • Chris Kavalec, 1999. "Vehicle Choice in an Aging Population: Some Insights from a Stated Preference Survey for California," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 123-138.
    • Handle: RePEc:aen:journl:1999v20-03-a05
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    Cited by:

    1. Dimitropoulos, Alexandros & Rietveld, Piet & van Ommeren, Jos N., 2013. "Consumer valuation of changes in driving range: A meta-analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 55(C), pages 27-45.
    2. Hyungsoo Kim & Jinkook Lee & Doh-Khul Kim, 2006. "The Impact of Age and Health on Vehicle Choices among Elders," Journal of Family and Economic Issues, Springer, vol. 27(3), pages 437-457, September.
    3. Hackbarth, André & Madlener, Reinhard, 2016. "Willingness-to-pay for alternative fuel vehicle characteristics: A stated choice study for Germany," Transportation Research Part A: Policy and Practice, Elsevier, vol. 85(C), pages 89-111.
    4. Chen Wang & Ricardo Daziano, 2015. "On the problem of measuring discount rates in intertemporal transportation choices," Transportation, Springer, vol. 42(6), pages 1019-1038, November.
    5. Alexandros Dimitropoulos & Piet Rietveld & Jos N. van Ommeren, 2011. "Consumer Valuation of Driving Range: A Meta-Analysis," Tinbergen Institute Discussion Papers 11-133/3, Tinbergen Institute.
    6. Connor R. Forsythe & Cristian Arteaga & John P. Helveston, 2024. "The Heterogeneous Aggregate Valence Analysis (HAVAN) Model: A Flexible Approach to Modeling Unobserved Heterogeneity in Discrete Choice Analysis," Papers 2402.00184, arXiv.org.
    7. Daziano, Ricardo A., 2013. "Conditional-logit Bayes estimators for consumer valuation of electric vehicle driving range," Resource and Energy Economics, Elsevier, vol. 35(3), pages 429-450.
    8. Gabriela D. Oliveira & Luis C. Dias, 2019. "Influence of Demographics on Consumer Preferences for Alternative Fuel Vehicles: A Review of Choice Modelling Studies and a Study in Portugal," Energies, MDPI, vol. 12(2), pages 1-33, January.

    More about this item

    JEL classification:

    • F0 - International Economics - - General

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