In this paper we use Bayes estimates of a multinomial probit model with fully flexible substitution patterns to forecast consumer response to ultra-low-emission vehicles. In this empirical application of the probit Gibbs sampler, we use stated-preference data on vehicle choice from a...

Background: The automotive industry is pivotal in advancing sustainability, with electric vehicles (EVs) essential for reducing emissions and promoting cleaner transport. This study examines the determinants of EV adoption intentions in Thailand, integrating demographic and psychographic factors...