The psychological effect of weather on car purchases

Busse (2015) · Quarterly Journal of Economics · Read the paper

More than 40 million vehicle transactions; the choice of a convertible or a four-wheel drive highly dependent on weather at the time of purchase, inconsistent with classical utility theory; rational explanations considered and none fully explains the effects; projection bias and salience proposed as mechanisms.

More than 40 million vehicle transactions; the choice of a convertible or a four-wheel drive highly dependent on weather at the time of purchase, inconsistent with classical utility theory; rational explanations considered and none fully explains the effects; projection bias and salience proposed as mechanisms.

Written from the abstract read 2026-10-12.

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doi:10.1093/qje/qju033. Abstract read: more than 40 million vehicle transactions; the choice of a convertible or a four-wheel drive highly dependent on weather at the time of purchase, inconsistent with classical utility theory; rational explanations considered and none fully explains the effects; projection bias and salience proposed as mechanisms.