Conventional hedonic analysis measures willingness to pay for attributes on the basis of marginal fixed costs. We argue that in many cases variable costs are also affected by these attributes and that this should be taken into account. We develop a simple model to show that the marginal...

We investigate the nature of market failure in a dynamic version ofAkerlof (1970) where identicalcohorts of a durable good enter the market over time. In the dynamicmodel, equilibria withqualitatively different properties emerge. Typically, in equilibriaof the dynamic model, sellerswith higher...

We investigate the nature of the adverse selection problem in a market for adurable goodwhere trading and entry of new buyers and sellers takes place in continuoustime. In thecontinuous time model equilibria with properties that are qualitativelydifferent from thestatic equilibria, emerge....

This paper deals with the total CO2 impact of households in a simple dynamic E3 model (economy/energy/environment), comprising a model block of private consumption and an input-output model. The consumption model describes the demand for different durables and nondurables, derived from...

The paper describes the results of a survey, carried out with leading EU experts, on the capacity of both fully electric and plug-in hybrid vehicles to reach commercial success in the next twenty years. The success of electric transport is hampered by a combination of low range, scarce...

Climate change and global resource shortages lead to a rethinking of classic individual mobility basing on combustion engines. As a result of technological improvements first electric vehicles are introduced and further market penetrations can be expected. But due to a possible wider...

Current policies in the U.S. and other countries are trying to stimulate electric transportation deployment. Consequently, plug-in electric vehicle (PEV) adoption will presumably spread among vehicle users. With the increased diffusion of PEVs, lithium-ion batteries will also enter the market on...

We use a game-theoretic model to analyze the impacts of a hypothetical fleet of plug-in electric vehicles on the imperfectly competitive German electricity market. Electric vehicles bring both additional demand and additional storage capacity to the market. We determine the effects on prices,...

Elektrische PKW-Antriebe bieten im Vergleich zu konventionellen Verbrennungsmotoren viele Vorteile, insbesondere geringere lokale Emissionen, eine höhere Energieeffizienz und eine geringere Mineralölabhängigkeit. Andererseits stellen Batterietechnik, Anschaffungskosten und Ladeinfrastruktur...

Politik, Medien, Fahrzeugbauer und Energieunternehmen widmen der Elektromobilität derzeit große Aufmerksamkeit. Dieser Artikel beleuchtet technische Aspekte, Chancen und Barrieren elektrischer Fahrzeugantriebe und ordnet sie in einen Gesamtzusammenhang ein. Vorteile gegenüber klassischen...