Background: The ongoing technical innovation is fully involving transportation sector, converting the usual mass-transit system toward a sustainable mobility. Make-or-buy decision are usually adopted to assess different solutions in terms of costs-benefits to put in place strategic choices...

Econometricians frequently propose parametric models which are contingent on an underlying assumption of rational economic agents maximizing their utility. Accurate estimation of the parameters of these models depends on using data disaggregated to the level of the actual agents, usually...

Light trucks' share of the US light vehicle market rose from 20% in 1980 to 41% in 1996. By 1996, annual energy consumption for light trucks was 6.0 x 10{sup 15} Btu (quadrillion Btu, or quad), compared with 7.9 quad for cars. Gasoline engines, used in almost 99% of light trucks, do not meet the...

A linear-quadratic dynamic oligopoly model is developed and applied to the world coffee export market. The model nests various market structures using either open-loop or feedback strategies. The theoretical properties of this model are described. For given observed behavior, the assumption of...

A low-cost dominant firm will drive all competitive fringe firms out of the market if all firms have rational expectations; however, the dominant firm will not predate (price below marginal cost). Since a dominant firm will not drive out fringe firms if they have myopic expectations it may be in...