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dc.contributor.authorAllcott, Hunt
dc.contributor.authorKnittel, Christopher Roland
dc.date.accessioned2021-04-01T15:43:40Z
dc.date.available2021-04-01T15:43:40Z
dc.date.issued2019-02
dc.identifier.issn1945-7731
dc.identifier.issn1945-774X
dc.identifier.urihttps://hdl.handle.net/1721.1/130334
dc.description.abstractIt is often asserted that consumers are poorly informed about and inattentive to fuel economy, causing them to buy low-fuel economy vehicles despite their own best interest. This paper presents evidence on this assertion through two experiments providing fuel economy information to new vehicle shoppers. Results show zero statistical or economic effect on average fuel economy of vehicles purchased. In the context of a simple optimal policy model, the estimates suggest that current and proposed US fuel economy standards are significantly more stringent than needed to address the classes of imperfect information and inattention addressed by our interventions.en_US
dc.language.isoen
dc.publisherAmerican Economic Associationen_US
dc.relation.isversionofhttp://dx.doi.org/10.1257/pol.20170019en_US
dc.rightsArticle is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.en_US
dc.sourceAmerican Economic Associationen_US
dc.titleAre Consumers Poorly Informed about Fuel Economy? Evidence from Two Experimentsen_US
dc.typeArticleen_US
dc.identifier.citationAllcott, Hunt and Christopher Knittel. "Are Consumers Poorly Informed about Fuel Economy? Evidence from Two Experiments." AEJ: Economic Policy 11, 1 (February 2019): 1-37. © 2019 American Economic Associationen_US
dc.contributor.departmentSloan School of Managementen_US
dc.relation.journalAEJ: Economic Policyen_US
dc.eprint.versionFinal published versionen_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dc.date.updated2021-03-29T16:19:04Z
dspace.orderedauthorsAllcott, H; Knittel, Cen_US
dspace.date.submission2021-03-29T16:19:05Z
mit.journal.volume11en_US
mit.journal.issue1en_US
mit.licensePUBLISHER_POLICY
mit.metadata.statusComplete


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