Dynamics of Automobile Demand
Category
FP7 Project with U.S. partner
Short name and number
DYNADEM (220818)
Area
Transport (including aeronautics)
Description
Understanding consumer behaviour is an important task of economics. An automobile is the largest item most individuals will ever purchase (besides a home), hence economists have dedicated much effort in analyzing the factors that determine automobile purchase decisions. Important methodological advances in the 1990s have made possible the estimation of rich static demand models for differentiated products like automobiles.
Participating Countries
Cyprus and United States.
Name of US Partner
NORTHWESTERN UNIVERSITY
Contact
UNIVERSITY OF CYPRUS (CY) / MAKRIDES Gregory