We study attribute-based regulations, under which regulatory compliance of a firm, product,
or individual depends on a secondary attribute that is not the intended target of the …

Energy efficiency standards based on product attributes may interact with market conditions
and affect the overall stringency of the standards. In this paper we analyze the interaction …

Estimating the cost of regulation is difficult. Firms sometimes reveal costs indirectly, however,
when they exploit loopholes to avoid regulation. We apply this insight to fuel economy …

We compare the welfare effects in equilibrium of two environmental regulations that aim at
increasing the new cars fleet's average fuel efficiency: the fuel economy standards and the …

We review what is known about the economic efficiency of fuel taxes relative to efficiency
standards aimed at mitigating environmental externalities from cars. We present a simplified …

During historical periods in which US fuel economy standards were unchanging,
automakers increased performance but not fuel economy, contrasting with recent periods of …

Notches–where marginal changes in behavior lead to discrete changes in a tax or subsidy–
figure prominently in many policies. In this paper, we analyze notches in fuel economy …

Differentiated product models are predicated on the belief that a product's utility can be
derived from the summation of utilities for its individual attributes. In one framed field …

Behavioral economics is influencing regulatory initiatives in many nations, including the
United States and the United Kingdom. The role of behavioral economics is likely to …

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 …