Differentiated Contracts, Heterogeneous Borrowers, and the Mortgage Choice Decision

1995 ◽  
Vol 27 (2) ◽  
pp. 498 ◽  
Author(s):  
J. Sa-Aadu ◽  
C. F. Sirmans
2021 ◽  
Vol 13 (14) ◽  
pp. 7725
Author(s):  
Reema Bera ◽  
Bhargab Maitra

Plug-in Hybrid Electric Vehicles (PHEVs) can help decarbonize road transport in urban India. To accelerate the diffusion of PHEVs, investigation of commuter preferences towards the attributes of PHEVs is necessary. Therefore, the present study analyzes prospective owners’ choice decisions towards PHEVs in a typical Indian context. A stated preference survey was designed to collect responses from the current owners of conventional vehicles (CVs) in Delhi, India, and Mixed Logit (ML) models were developed to estimate commuters’ Willingness To Pay (WTP) for a set of key PHEV-specific attributes. The decomposition effect of prospective owners’ sociodemographic characteristics and trip characteristics on the mean estimates of random parameters was investigated by developing ML models with heterogeneity. Subsequently, the influence of improvement of each PHEV-specific attribute on prospective owners’ choice probability was investigated by calculating marginal effects. Among the various PHEV-specific attributes considered in the present study, high WTPs are observed for decrease in battery recharging time, reduction in tailpipe emission and increase in electric range. Therefore, an added emphasis on these attributes by vehicle manufacturers is likely to enhance the attractiveness of PHEVs to Indian commuters. The results also highlight the importance of government subsidy for promoting PHEVs in the Indian market. Prospective owners’ income, availability of home-based parking space, and average daily trip length are found to significantly influence the choice decision of Indian commuters towards PHEVs.


2000 ◽  
Vol 86 (1) ◽  
pp. 295-300 ◽  
Author(s):  
John E. Barbuto ◽  
Susan M. Fritz ◽  
David Marx

Relationships between motivation and transformational leadership were examined in this study. 56 leaders and 234 followers from a variety of organizations were sampled. Leaders were administered the Motivation Sources Inventory and the Job Choice Decision-making Exercise, while followers reported leaders' behaviors using the Multifactor Leadership Questionnaire (MLQ–rater version). Scores on the Motivation Sources Inventory subscales subsequently correlated with the Multifactor Leadership Questionnaire subscales of inspirational motivation, idealized influence (behavior), and individualized consideration (range, r = .13 to .23). There were no significant correlations among any of the Job Choice Decision-making Exercise subscales with any of the variables measured.


2003 ◽  
Vol 118 (4) ◽  
pp. 1449-1494 ◽  
Author(s):  
J. Y. Campbell ◽  
J. F. Cocco

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