Turbocharged direct injection (TDI) diesel and hybridized electric gasoline (HEV) vehicles provide higher fuel economy, but have higher manufacturing costs and sell at higher prices than conventional gasoline vehicles. All other attributes being equal, rational consumers expect to recover this...

We explore the optimal size of the transmission line from distant wind farms, modeling the tradeoff between transmission cost and benefit from delivered wind power. We also examine the benefit of connecting a second wind farm, requiring additional transmission, in order to increase output...