When adding a fuel efficient car increases an automaker's CAFE penalty
We derive the conditions that cause an automaker's Corporate Average Fuel Economy (CAFE) fine to increase when it sells an additional, fuel efficient car. Raising the CAFE standards would broaden the range of fuel economies that produce this effect. Copyright © 2005 John Wiley & Sons, Ltd.
Year of publication: |
2005
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Authors: | Tenn, Steven ; Yun, John M. |
Published in: |
Managerial and Decision Economics. - John Wiley & Sons, Ltd., ISSN 0143-6570. - Vol. 26.2005, 1, p. 51-54
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Publisher: |
John Wiley & Sons, Ltd. |
Saved in:
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