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This study revisits the issue of monetary incentive effects utilizing data from a mail survey sent to a random sample of adults across the United States regarding preferences for fuel ethanol. The results reported here are consistent with those found in the literature regarding the effect of...
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A nationwide contingent-valuation survey of consumer preferences for consumer fuel blends E-10 (a blend of 10% ethanol and 90% gasoline for use in standard vehicles) and E-85 (a blend of 85% ethanol and 15% gasoline for use in flex-fuel vehicles) was conducted to estimate willingness to pay...
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This paper uses a simultaneous equation system to determine the impact of ethanol fuel production on the U.S. motor gasoline market, especially gasoline prices. Based on estimation results, every billion gallon increase in ethanol production decreases gasoline prices by as much as 6 cents.
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