Are Consumers Poorly Informed about Fuel Economy? Evidence from Two Experiments

It 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 shopp...

Full description

Bibliographic Details
Main Authors: Allcott, Hunt, Knittel, Christopher Roland
Other Authors: Sloan School of Management
Format: Article
Language:English
Published: American Economic Association 2021
Online Access:https://hdl.handle.net/1721.1/130334