Heterogeneous consumer preferences for alternative fuel cars in China |
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Authors: | Lixian Qian Didier Soopramanien |
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Institution: | Department of Management Science, Lancaster University Management School, Lancaster LA1 4YX, UK |
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Abstract: | This paper models consumer preferences for alternative fuel cars and conventional, petrol fueled cars in China. It compares discrete choice model specifications where each specification reflects how consumers choose between alternative fuel cars and conventional types of cars. We find that, in China, consumers differentiate between the types of alternative fuel cars and are more likely to consider switching from petrol fuel vehicles to hybrid than to electric cars. Segmentation analysis is used to explore groups of consumers and their likelihood of adopting alternative fuel cars. |
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Keywords: | Alternative fuel cars Car ownership in China Transportation incentive policies |
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