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A key element in the long run response of the automotive market to higher fuel prices is consumers' willingness to pay for fuel economy improvements. Eight recent studies are examined and estimates of asset price/operating cost discount rates are derived for each. A critical comparison of...
Persistent link: https://www.econbiz.de/10005227980
A regional, econometric model of heavy truck diesel fuel use is derived based on the theory of production. Input demand functions for new trucks and diesel fuel are specified and estimated. A simple, logistic scrappage model is estimated and used to estimate total heavy truck stocks and...
Persistent link: https://www.econbiz.de/10005279956
Understanding the potential market for limited-range vehicles is important to planning research and development programs for electric and hybrid vehicles and for gaseous-fueled vehicles as well. Studies of consumer preferences and perceptions have shown vehicle range to be a very important...
Persistent link: https://www.econbiz.de/10005191542
In this paper, we are concerned with modeling space–time inhomogeneities with the kinematic wave (LWR) model. The notion of space–time inhomogeneity refers to the fact that governing laws of traffic, essentially dictated by fundamental diagrams (FD), differ from each other in distinct...
Persistent link: https://www.econbiz.de/10011065502
The analysis and numerical solution of non-equilibrium traffic flow models in current literature are almost exclusively carried out in the hyperbolic conservation law framework, which requires a good understanding of the delicate and non-trivial Riemann problems for conservation laws. In this...
Persistent link: https://www.econbiz.de/10010719815