What are the implications of gasoline price volatility for the design of fuel economy policies? I show that this … of gasoline. When the regulator is constrained to use a fixed standard, I show that the usual approach to setting the … bind if the realized gasoline price is sufficiently high. Instead, the optimal fixed standard will be relatively relaxed …

electricity generation, the increasing substitutability of electric for gasoline vehicles, and the durability of the vehicle stock … subsidy for electric vehicles and the optimal ban on the production of gasoline vehicles both give about the same efficiency … improvement, but the latter leads to a sharp increase in gasoline vehicle production just before the ban. Phasing out gasoline …

The dramatic increase in gasoline prices from close to $1 in 1999 to $4 at their peak in 2008 made it much more … expensive for consumers to operate an automobile. In this paper we investigate whether consumers have adjusted to gasoline price … car markets. We find that a $1 increase in gasoline price changes the market shares of the most and least fuel …