Household vehicle holding decisions in response to life cycle events

Research output: Contribution to journalConference articleAcademicpeer-review

Abstract

People choose a new mobility tool when their mobility needs of change or their current vehicle need replacement. Changes in mobility needs may be triggered by life events. A life event triggers households to reconsider their current vehicle holdings and leads them to change their vehicle holdings if the changing demand makes a changed desirable. Electric cars and car sharing provide new options, which deserve studying in the context of sustainable transport and energy consumption. In the context of re-assessing mobility needs, it is important to better understand the process that leads households to purchase an electric car as a replacement or supplement of their current vehicle, or to join car-sharing. To investigate this decision-making process, a stated choice experiment was designed. This paper reports the results of a mixed logit model, which was estimated to assess the degree of heterogeneity among households in their preferences for vehicle purchase and replacement decisions as a function of life events.

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life cycle
Life cycle
car sharing
Railroad cars
event
purchase
energy consumption
decision-making process
supplement
Energy utilization
Decision making
demand
experiment
Experiments

Keywords

  • Car sharing
  • Electric bikes
  • Electric cars
  • Mixed logit model

Cite this

@article{d83594ba50934130a69bec5dedcd726a,
title = "Household vehicle holding decisions in response to life cycle events",
abstract = "People choose a new mobility tool when their mobility needs of change or their current vehicle need replacement. Changes in mobility needs may be triggered by life events. A life event triggers households to reconsider their current vehicle holdings and leads them to change their vehicle holdings if the changing demand makes a changed desirable. Electric cars and car sharing provide new options, which deserve studying in the context of sustainable transport and energy consumption. In the context of re-assessing mobility needs, it is important to better understand the process that leads households to purchase an electric car as a replacement or supplement of their current vehicle, or to join car-sharing. To investigate this decision-making process, a stated choice experiment was designed. This paper reports the results of a mixed logit model, which was estimated to assess the degree of heterogeneity among households in their preferences for vehicle purchase and replacement decisions as a function of life events.",
keywords = "Car sharing, Electric bikes, Electric cars, Mixed logit model",
author = "Gaofeng Gu and Dujuan Yang and Tao Feng and Harry Timmermans",
year = "2019",
month = "1",
day = "24",
doi = "10.1016/j.trpro.2018.12.180",
language = "English",
volume = "37",
pages = "171--178",
journal = "Transportation Research Procedia",
issn = "2352-1465",
publisher = "Elsevier",

}

Household vehicle holding decisions in response to life cycle events. / Gu, Gaofeng (Corresponding author); Yang, Dujuan; Feng, Tao; Timmermans, Harry.

In: Transportation Research Procedia, Vol. 37, 24.01.2019, p. 171-178.

Research output: Contribution to journalConference articleAcademicpeer-review

TY - JOUR

T1 - Household vehicle holding decisions in response to life cycle events

AU - Gu,Gaofeng

AU - Yang,Dujuan

AU - Feng,Tao

AU - Timmermans,Harry

PY - 2019/1/24

Y1 - 2019/1/24

N2 - People choose a new mobility tool when their mobility needs of change or their current vehicle need replacement. Changes in mobility needs may be triggered by life events. A life event triggers households to reconsider their current vehicle holdings and leads them to change their vehicle holdings if the changing demand makes a changed desirable. Electric cars and car sharing provide new options, which deserve studying in the context of sustainable transport and energy consumption. In the context of re-assessing mobility needs, it is important to better understand the process that leads households to purchase an electric car as a replacement or supplement of their current vehicle, or to join car-sharing. To investigate this decision-making process, a stated choice experiment was designed. This paper reports the results of a mixed logit model, which was estimated to assess the degree of heterogeneity among households in their preferences for vehicle purchase and replacement decisions as a function of life events.

AB - People choose a new mobility tool when their mobility needs of change or their current vehicle need replacement. Changes in mobility needs may be triggered by life events. A life event triggers households to reconsider their current vehicle holdings and leads them to change their vehicle holdings if the changing demand makes a changed desirable. Electric cars and car sharing provide new options, which deserve studying in the context of sustainable transport and energy consumption. In the context of re-assessing mobility needs, it is important to better understand the process that leads households to purchase an electric car as a replacement or supplement of their current vehicle, or to join car-sharing. To investigate this decision-making process, a stated choice experiment was designed. This paper reports the results of a mixed logit model, which was estimated to assess the degree of heterogeneity among households in their preferences for vehicle purchase and replacement decisions as a function of life events.

KW - Car sharing

KW - Electric bikes

KW - Electric cars

KW - Mixed logit model

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U2 - 10.1016/j.trpro.2018.12.180

DO - 10.1016/j.trpro.2018.12.180

M3 - Conference article

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