Chile is a lightly populated country of 15 million that has undergone large economic transformations. Over the past 25 years, the economy has evolved from a slow-growing state-directed economy into a fast growing, market-oriented economy. Its South American neighbors are imitating this...

High octane gasolines, includang "premium" and midgrade, steadily gained market share in the United States during the 1980s, increasing from 12% of the total gasohne market in 1983 to 15% in 1985 and 30% in 1989. This 18% increase in market share represents an aggregate revenue transfer from...

Population growth, continuing suburbanization, and higher labor-force-participation rates, combined with a virtual halt in new freeway construction, have led to rapid increases in traffic congestion in the U.S. This congestion is costly, for example, the cost of highway congestion in the Lose...

The substantial reductions in motor vehicle emissions that have occurred since the late 1960s have been accompanied by continuous increases in vehicle emission control costs, and cost increases or decreases due to changes in vehicle performance such as driveability, power, fuel economy, and...

High octane gasolines, including “premium†and midgrade, steadily gained market share in the United States during the 1980s, increasing from 12% of the total gasoline market in 1983 to 15% in 1985 and 30% in 1989. This 18% increase in market share represents an aggregate revenue...

Electric vehicles (EV) are periodically promoted as quiet, pollution-free alternatives  gasoline vehicles. They have failed each time because of inferior performance and high costs. In this paper, we conduct an updated and detailed evaluation of the performance, costs, environmental impacts,...

Previous studies of the potential market for battery electric vehicles (BEVs) have reached contradictory conclusions. What they share are untested or implausible assumptions about consumer response to new transportation technology. We frame the BEV purchase decision in terms of a household's...