Vehicle Choice Behavior and the Declining Market Share of U.S. Automakers

By Kenneth Train, Clifford Winston. 2007

384 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/fe8c3394ef6d4f648cf7dfb108e466f16cfaf638

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Citations in the corpus

Foundations of Stated Preference Elicitation: Consumer Behavior and Choice-based Conjoint Analysis (2019, background): “These studies can determine with considerable predictive accuracy the distributions of preference weights that consumers give to various vehicle features, and the automobiles they will buy; see Urban et al. (1990, 1997); Brownstone and Train (1999); Train and Winston (2007).”
Recent Progress on Endogeneity in Choice Modeling (2005, neutral): “Villas-Boas and Winer (1999) and Blundell and Powell (2001) proposed a control function approach.”
Estimating flight-level price elasticities using online airline data: A first step toward integrating pricing, demand, and revenue optimization (2014, methodology): “…a trend which is consistent with prior findings in the literature (e.g., Berry et al., 1995, 2004; Branstetter et al., 2011; Goolsbee and Petrin, 2004; Guevara and Ben-Akiva, 2006; Guevara-Cue, 2010; Train and Winston, 2007; Pekgün et al., 2013; Petrin and Train, 2010; Villas-Boas and Winer, 1999).”
Correcting for endogeneity in behavioral choice models with social influence variables (2011, background): “…auto market, Guevara and Ben-Akiva (2006) who applied the control function approach to correct for price endogeneity in residential housing choice, Train and Winston (2007) who used BLP to correct for price endogeneity in auto ownership choice, Goetzke (2008) and Goetzke and Andrade (2009) who…”
Rational Inattention and Energy Efficiency (2014, methodology): “For the mixed logit model, research has shown that having stated second-choice data as well as the car purchased by a consumer is critical for precision (Train and Winston 2007).”
How Consumers Value Fuel Economy: A Literature Review (2010, neutral): “Yes No No 0 Gramlich 2008 Manuscript NMNL New vehicle shares Ag gregate U.S. 1971-2007 Pg/MPG & MPG Random Walk No No Yes Yes + Sawhill 2008 Manuscript NMNL New vehicle shares Aggregate U.S. 1971-1990 Pg /MPG ARIMA No Yes Yes No + Train & Winston 2007 Journal Mixed Logit Indiv.”
Will subsidies drive electric vehicle adoption? Measuring consumer preferences in the U.S. and China (2015, methodology): “Train and Winston (2007) employ a mixed logit demand model to study the relation between the consumer choice behavior and market share drops of the U.S. automakers in the past decade.”
Management Practices, Relational Contracts, and the Decline of General Motors (2014, neutral): “For example, the Associated Press (2007) reported that because of “legacy” health care and pensions owed to retired workers, labor costs at General Motors were as high as $73/hour, while GM’s Japanese competitors’ costs were roughly $48/hour.”