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PEER REVIEW FOR THE CONSUMER VEHICLE CHOICE MODEL
Citation:
PEER REVIEW FOR THE CONSUMER VEHICLE CHOICE MODEL .
Impact/Purpose:
To support EPA's future assessment of potential light duty greenhouse gas standards
Description:
The U.S. Environmental Protection Agency’s (EPA) Office of Transportation and Air Quality (OTAQ) has recently sponsored the development of a Consumer Vehicle Choice Model (CVCM) by the Oak Ridge National Laboratory (ORNL). The specification by OTAQ to ORNL for consumer choice model development was to develop a Nested Multinomial Logit (NMNL) or other appropriate model capable of estimating the consumer surplus impacts and the sales mix effects of greenhouse gas (GHG) emission standards. The CVCM will use output from the EPA’s Optimization Model for reducing Emissions of Greenhouse gases from Automobiles (OMEGA), including changes in retail price equivalents, changes in fuel economy, and changes in emissions, to estimate these impacts. In addition, the CVCM will accept approximately 60 vehicle types, with the flexibility to function with fewer or more vehicle types, and will use a 15 year planning horizon, matching the OMEGA parameters. It will be calibrated to baseline sales projection data provided by the EPA and will include a buy/no-buy option to simulate the possibility that consumers will choose to keep their old vehicle or to buy a used vehicle.
URLs/Downloads:
Consumer Vehicle Choice Model Documentation (EPA-420-B-12-052) (PDF, NA pp, 718 KB, about PDF)Charge Letter for Peer Review of Consumer Vehicle Choice Model (PDF, NA pp, 30 KB, about PDF)
EPA Response to Peer Review for the Consumer Vehicle Choice Model (PDF, NA pp, KB, about PDF)
Peer Review for the Consumer Vehicle Choice Model (PDF, NA pp, KB, about PDF)
Consumer Vehicle Choice Model Documentation (EPA-420-B-12-052)