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...
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 |
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