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-patterns of reserve price formation. We find that chosen reserve prices exhibit both, very sophisticated and irrationalʺ behavior …) and are adjusted remarkably nuanced to the resulting sales price pattern. Moreover, reserve prices are too clustered … effects and the sunk cost fallacy as there is a huge positive effect on the reserve price when the player has been acquired …
Persistent link: https://www.econbiz.de/10003749453
We provide evidence for a beneficial welfare impact of a crime policy that is targeted at strengthening victim precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory for all new cars sold within the European Union as of...
Persistent link: https://www.econbiz.de/10009700313
This paper examines the relative merits of compact cities or urban sprawl (suburban settlement patterns) as a spatial solution to environmental problems (such as climate control), automobile dependence, economic development, infrastructure costs and the quality of urban life.
Persistent link: https://www.econbiz.de/10010229866
We develop a positive theory of pricing car access (by parking fees or cordon tolls) to downtown commercial districts. The model accounts for the special interests of downtown retailers and competing superstores at the edge of the city, and studies how lobbying by both groups shapes the...
Persistent link: https://www.econbiz.de/10010506338
In unavoidable traffic accidents, autonomous vehicles (AVs) face the dilemma of protecting either the passenger(s) or third parties. Recent studies show that most people prefer AVs following a utilitarian approach by minimizing total harm. At the same time, however, they would adopt an AV only...
Persistent link: https://www.econbiz.de/10013285505
Abatement can be performed by measures that have an impact on present emissions, but no lasting effect, and by long-lived infrastructure investments. We study the optimal combination of short and long-lived options for reducing greenhouse gas (GHG) emissions, by specifying abatement cost...
Persistent link: https://www.econbiz.de/10013187530
strong heterogeneities across market segment: vehicles with a lower (higher) list price or some (zero) defects experience an …
Persistent link: https://www.econbiz.de/10012300291
The transport sector is the only sector where carbon emissions continue to grow. This has led policy makers to propose ambitious policies to reduce emissions in the car sector, in particular fuel efficiency standards, portfolio mandates for Electric Vehicles and purchase taxes or subsidies. A...
Persistent link: https://www.econbiz.de/10012057257
subsidizing green cars, taxing brown cars, and allowing green cars to drive in bus lanes. Car owners are influenced by price …
Persistent link: https://www.econbiz.de/10012026368
We analyze the impact of indirect network effects in the deployment of zero emission vehicles in a static partial equilibrium model. In most theoretical analysis direct and indirect effects are conflated, and relatively few authors have explicitly considered indirect network effects. We also...
Persistent link: https://www.econbiz.de/10011845282