Construct · 1 fields · 1 citations

MPG illusion: a standalone construct

One name. One construct. A landmark on the map.

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Environmental and resource economics

the mistaken belief that fuel use falls linearly with miles per gallon, which leads people to undervalue gains at low fuel economy.

In environmental and resource economics, MPG illusion refers to the mistaken belief that fuel use falls linearly with miles per gallon, which leads people to undervalue gains at low fuel economy. This meaning comes from Larrick (2008) in Science.[1]

Unit
Recovery means
Measured by

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Nearby constructs

belief4 fields · 4 citationsjingle · one word, four constructs resource4 fields · 6 citationsjingle · one word, four constructs

References

Larrick, R. P., & Soll, J. B. (2008). The MPG Illusion. Science, 320(5883), 1593-1594. https://doi.org/10.1126/science.1154983

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