Regulators, policy analysts, automobile manufacturers, environmental groups, and others are debating the merits of policies regarding the development and use of battery-powered electric vehicles (BPEVs). At the crux of this debate is lifecycle cost: the annualized initial vehicle cost, plus...

Motor vehicles are a core technology of our modern life and economy. But motor vehicles, motor fuels, and the road system unfortunately pollute our air, soil and water, depend on limited oil supplies and are implicated in warming the earth’s climate. In response, some car companies have...

Analyses of the full social cost of motor vehicle use in the US often estimate an “oil import premium†that includes the military cost of defending oil supplies from the Persian Gulf. Estimates of this cost have ranged from essentially zero to upwards of a $1 per gallon (about $0.25...

Governments in the US spend over a hundred billion dollars per year to build and maintain roads and provide a variety of services for motor-vehicle users. To pay for these infrastructure and services governments collect revenue from a variety of taxes and fees. The basic objective of this paper...

Bringing together insights and perspectives from close to 70 of the world’s leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the...

Over the past five years, analysts and policy makers have become increasingly interested in the full social cost of motor-vehicle use. Researchers have performed social-cost analyses for a variety reasons, and have used them in a variety of ways, to support a wide range of policy positions. Some...