This paper investigates demand responses to variations in the characteristics of the vehicles. Our investigation is based on number of sales for each model marketed over the period 2006-2015 in Switzerland, and puts particular emphasis on fuel efficiency, curb weight, horsepower, and the...

The recent literature has brought together the characteristics model of utility and classic revealed preference arguments to learn about consumers' willingness to pay. We incorporate market pricing equilibrium conditions into this setting. This allows us to use observed purchase prices and...