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This work is a pioneer effort to estimate supply and demand of automobiles in Brazil with a Discrete Choice model in a differentiated product oligopolistic market. We apply a Nested Logit model to the demand side and assume differentiated product price-setting firms on the supply side to...
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In this paper, we first recover the individual valuation of expected future fuel costs at the time of a car purchase and then explore how various factors relate to the recovered consumer undervaluation of fuel savings (on average, consumers' willingness-to-pay for a AC1 reduction in fuel costs...
Persistent link: https://www.econbiz.de/10011976135
We use micro-level data on fuel consumption, mileage, and travel mode to study plug-in hybrid drivers’ response to fuel prices. When fuel prices rise, plug-in hybrids reduce fuel consumption more than gasoline and diesel cars. They do not reduce their mileage but increase electric recharging,...
Persistent link: https://www.econbiz.de/10014578158
I study the impact of subsidies for Plug-in hybrid vehicles (PHEV) on carbon emissions. I show that subsidizing innovations without considering consumer behavior can harm the environment. I provide descriptive evidence on charging instances of PHEV and combine it with a structural model of...
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syngas. A preliminary evaluation indicates favorable economics for the co-production of CaO and hydrogen or methanol from …
Persistent link: https://www.econbiz.de/10010808936
Possibly one of the most significant advantages that hydrogen may have as a fuel is its potential for increased second … hydrocarbon-based fuels. A computational investigation of this effect is pursued for the case of mixtures of hydrogen and natural … function of hydrogen content of the fuel and the operating parameters of the engine. Of particular importance is the …
Persistent link: https://www.econbiz.de/10010810171