| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18820 |
| 来源ID | Working Paper 18820 |
| Estimating the Effect of Salience in Wholesale and Retail Car Markets | |
| Meghan R. Busse; Nicola Lacetera; Devin G. Pope; Jorge Silva-Risso; Justin R. Sydnor | |
| 发表日期 | 2013-02-21 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | We investigate whether the first digit of an odometer reading is more salient to consumers than subsequent digits. We find that retail transaction prices and volumes of used vehicles drop discontinuously at 10,000-mile odometer thresholds, echoing effects found in the wholesale market by Lacetera, Pope and Sydnor (2012). Our results reveal that retail consumers devote limited attention to evaluating vehicle mileage, and that this drives effects in the wholesale market. We estimate the inattention parameter implied by the price discontinuities. In addition, our results suggest that estimating consumer-level structural parameters using data from an intermediate market can give misleading results. |
| 主题 | Microeconomics ; Behavioral Economics ; Households and Firms ; Industrial Organization ; Industry Studies |
| URL | https://www.nber.org/papers/w18820 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576494 |
| 推荐引用方式 GB/T 7714 | Meghan R. Busse,Nicola Lacetera,Devin G. Pope,et al. Estimating the Effect of Salience in Wholesale and Retail Car Markets. 2013. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w18820.pdf（762KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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