The hidden value of car ownership

June 17, 2021 Ali Anwar

The hidden value of car ownership

Date of Publication: June 17, 2021

Author: Sonja Haustein

Summary:

Private cars are valued not just for their functionality but also for the freedom, autonomy or status they offer. New research quantifies the value individuals assign to car ownership and shows that more than half of it derives from non-use value.

Link to Full Reading:

https://www.nature.com/articles/s41893-021-00730-6