Dynamics of Automobile Demand
FP7 Project with U.S. partner
Short name and number
Transport (including aeronautics)
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.
Cyprus and United States.
Name of US Partner
UNIVERSITY OF CYPRUS (CY) / MAKRIDES Gregory