This study explores the role of market power on the cost-effectiveness of policies to address
fuel consumption. Market power gives manufacturers an incentive to under-(over-) provide …

US efforts to reduce light-duty vehicle fuel use have focused primarily on policies aimed
directly at vehicle fuel economy not use, eg fuel economy standards and research on …

Passenger vehicles are a major source of greenhouse gas emissions and prodigious
consumers of petroleum, making their fuel economy an important focus of energy policy …

This paper develops and implements analytical models to estimate the welfare effects of
higher Corporate Average Fuel Economy (CAFE) standards on new passenger vehicles …

Detroit automakers have opposed mandated improvements in fuel economy since
legislation was first proposed in the 1970's. Their opposition is based, among other …

Cars sold in the United States have steadily become more fuel-efficient since the 1970s, and
assessments of emerging technologies demonstrate a significant potential for continued …

This paper develops analytical and numerical models to explain and estimate the welfare
effects of raising Corporate Average Fuel Economy< CAFE) standards for new passenger …

This article discusses automobile fuel economy standards in the United States and other
countries. We first describe how these programs affect the automobile market, including …

This paper develops analytical models to estimate the welfare effects of higher Corporate
Average Fuel Economy (CAFE) standards on new passenger vehicles. The analysis …

How consumers evaluate trade-offs between the cost of buying additional fuel economy and
the expected fuel savings that result is an important underlying determinant of the overall …