Dynamics of Automobile Demand
Understanding consumer behaviour is an important task of economics. An automobile is the largest item most individuals will ever purchase (besides a home), hence economists have dedicated much effort in analyzing the factors that determine automobile purchase decisions. Important methodological advances in the 1990s have made possible the estimation of rich static demand models for differentiated products like automobiles.
Short name and number:
DYNADEM (220818)
Name of US Partner:
NORTHWESTERN UNIVERSITY
Contact:
UNIVERSITY OF CYPRUS (CY) / MAKRIDES Gregory
Participating Countries:
United States
Area:
Transport (including aeronautics)
Category:
FP7 Project with U.S. partner
