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来源类型Working Paper
规范类型报告
DOI10.3386/w26091
来源IDWorking Paper 26091
Formative Experiences and the Price of Gasoline
Christopher Severen; Arthur van Benthem
发表日期2019-07-22
出版年2019
语种英语
摘要Formative experiences shape behavior for decades. We document a striking feature about those who came of driving age during the oil crises of the 1970s: they drive less in the year 2000. The effect is not specific to these cohorts; price variation over time and across states indicates that gasoline price changes between ages 15–18 generally shift later-life travel behavior. Effects are not explained by recessions, income, or costly skill acquisition and are inconsistent with recency bias, mental plasticity and standard habit-formation models. Instead, they likely reflect formation of preferences for driving or persistent changes in its perceived cost.
主题Microeconomics ; Households and Firms ; Behavioral Economics ; Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy ; Regional and Urban Economics
URLhttps://www.nber.org/papers/w26091
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583764
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GB/T 7714
Christopher Severen,Arthur van Benthem. Formative Experiences and the Price of Gasoline. 2019.
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