Institutional Repository of Key Laboratory of Behavioral Science, CAS
How vehicle market is segmented and influenced by subsidy policy: A theoretical study | |
Chen, Xiao1; Wu, Tian2,3,4; Zheng, Rui5; Guo, Xiaoxian6 | |
通讯作者 | Wu, Tian(wutian@amss.ac.cn) ; Zheng, Rui(zhengrui@psych.ac.cn) |
摘要 | This paper studies how vehicle market is segmented among consumers and what impacts subsidy policy may have on segmentation. With constant elasticity of substitution utility function and unit demand, we find positive market share for both high-end and low-end vehicles, but not necessary for middle-end vehicles. Market segmentation may have two regimes according to different levels of subsidy on electric vehicles (EVs), and only a sufficiently high subsidy allows for the existence of low type EV market share welcomed by median income consumers. An EV subsidy cut will definitely crowd out the market share of high type EV and expand that of internal combustion engine vehicle (ICEV). And given in a regime where low type EVs survive, EV subsidy cut's influence on low type EV market share is ambiguous, which depends on the relative consumer density around decision cutoff points. |
关键词 | Electric vehicles Vehicle consumption behavior Subsidy scheme Market segmentation Prospect theory |
2018-12-01 | |
语种 | 英语 |
DOI | 10.1016/j.tra.2018.10.026 |
发表期刊 | TRANSPORTATION RESEARCH PART A-POLICY AND PRACTICE |
ISSN | 0965-8564 |
卷号 | 118页码:776-782 |
收录类别 | SCI |
资助项目 | Special fund for research cooperation of the faculty and research institute of the University of Chinese Academy of Sciences[Y652025Y00] ; National Natural Science Foundation of China[71771209] ; National Natural Science Foundation of China[71390331] ; National Natural Science Foundation of China[71390331] ; National Natural Science Foundation of China[71771209] ; Special fund for research cooperation of the faculty and research institute of the University of Chinese Academy of Sciences[Y652025Y00] |
出版者 | PERGAMON-ELSEVIER SCIENCE LTD |
WOS关键词 | PRODUCT DIFFERENTIATION ; BRAND CHOICE ; PRICE ; SELECTION ; AVERSION ; MODEL |
WOS研究方向 | Business & Economics ; Transportation |
WOS类目 | Economics ; Transportation ; Transportation Science & Technology |
WOS记录号 | WOS:000452941000052 |
资助机构 | National Natural Science Foundation of China ; Special fund for research cooperation of the faculty and research institute of the University of Chinese Academy of Sciences |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://ir.psych.ac.cn/handle/311026/27771 |
专题 | 中国科学院行为科学重点实验室 |
通讯作者 | Wu, Tian; Zheng, Rui |
作者单位 | 1.Tsinghua Univ, Sch Econ & Management, Beijing, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, NCMIS, Beijing, Peoples R China 3.Univ Chinese Acad Sci, Sch Econ & Management, Beijing, Peoples R China 4.Chinese Acad Sci, Key Lab Big Data Min & Knowledge Management, Beijing, Peoples R China 5.Chinese Acad Sci, Inst Psychol, Key Lab Behav Sci, Beijing, Peoples R China 6.China Petr Technology & Dev Corp, Beijing, Peoples R China |
通讯作者单位 | 中国科学院行为科学重点实验室 |
推荐引用方式 GB/T 7714 | Chen, Xiao,Wu, Tian,Zheng, Rui,et al. How vehicle market is segmented and influenced by subsidy policy: A theoretical study[J]. TRANSPORTATION RESEARCH PART A-POLICY AND PRACTICE,2018,118:776-782. |
APA | Chen, Xiao,Wu, Tian,Zheng, Rui,&Guo, Xiaoxian.(2018).How vehicle market is segmented and influenced by subsidy policy: A theoretical study.TRANSPORTATION RESEARCH PART A-POLICY AND PRACTICE,118,776-782. |
MLA | Chen, Xiao,et al."How vehicle market is segmented and influenced by subsidy policy: A theoretical study".TRANSPORTATION RESEARCH PART A-POLICY AND PRACTICE 118(2018):776-782. |
条目包含的文件 | ||||||
文件名称/大小 | 文献类型 | 版本类型 | 开放类型 | 使用许可 | ||
How vehicle market i(476KB) | 期刊论文 | 出版稿 | 限制开放 | CC BY-NC-SA | 请求全文 |
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