Abstract
This paper identifies a key problem in the allocation of energy resources, namely the misperception of car running costs by motorists. The paper shows that motorists perceive only a quarter to a third of even the marginal costs of motoring (petrol and oil) using the evidence of cross-sectional and econometric time series techniques. The resultant resource implications are explored and compensating measures proposed including the use of cost meters. Finally, a proposal for research into car running cost meters is made in order that the resource allocation improvement and energy conservation potential of meters can be established.
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© 1982 Martinus Nijhoff Publishers, The Hague
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Metcalf, A. (1982). The “Misperception” of Car Running Costs and its Impact on the Demand for Energy in the Transport Sector. In: Laconte, P., Gibson, J., Rapoport, A. (eds) Human and Energy Factors in Urban Planning: A Systems Approach. NATO Advanced Study Institutes Series, vol 12. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-7651-1_21
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DOI: https://doi.org/10.1007/978-94-009-7651-1_21
Publisher Name: Springer, Dordrecht
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