size to potential emissions. We use a demographic model of the car stock (by age, size, and fuel) and a car purchase model … that reflects the heterogeneous distribution of mileage and usage costs across various engine sizes. The model shows a …

To correct market failures due to the presence of negative externalities associated with energy consumption …-based policies. For example, labels that clearly convey energy consumption rates, associated costs, and emissions of conventional … the Swiss Federal Office of Energy to assign cars to the fuel economy label to see if the label has an independent effect …