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 …

Policymakers often assert that consumers undervalue future gasoline costs when they buy
automobiles. We test this by measuring whether relative prices of vehicles with different fuel …

Using national data on vehicles in operation, we examine long-run changes in scrappage
patterns in passenger cars and light trucks in the United States between 1969 and 2014. We …

Turbocharged direct injection (TDI) diesel and hybridized electric gasoline (HEV) vehicles
provide higher fuel economy, but have higher manufacturing costs and sell at higher prices …

This study examined the nexus of fuel consumption, car characteristics and prices in Ibadan.
It also ascertained whether car buyers undervalue fuel savings. A sample of 600 car owners …

To investigate how fuel economy is valued in the Indian car market, we compute the cost to
Indian consumers of purchasing a more fuel-efficient vehicle and compare it to the benefit of …

We show how the traditional logic of Pigouvian externality taxes changes if consumers
under-value energy costs when buying energy-using durables such as cars and air …

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 …

SINCE THE AMOUNT OF CARBON RELEASED BY A gallon of gasoline is independent of
the manner in which it is combusted, if consumers acknowledge the full value of fuel …

We use a theoretical model and empirically'calibrated simulations of the automobile market
to show how the traditional logic of Pigouvian taxation changes when consumers are …