This paper examines the relationship between spot and futures prices for energy commodities (crude oil, gasoline …

resulting carbon dioxide emissions. Differences in the effects are studied for various car makes of both diesel and gasoline …

The dramatic increase in gasoline prices from close to $1 in 1999 to $4 at their peak in 2008 made it much more … expensive for consumers to operate an automobile. In this paper we investigate whether consumers have adjusted to gasoline price … car markets. We find that a $1 increase in gasoline price changes the market shares of the most and least fuel …

to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …

Daily city-level expenditures and prices are used to estimate the price responsiveness of gasoline demand in the U ….S. Using a frequency of purchase model that explicitly acknowledges the distinction between gasoline demand and gasoline … expenditures, we consistently find the price elasticity of demand to be an order of magnitude larger than estimates from recent …

forecast future gasoline prices. We provide the first evidence on the nature of these forecasts by analyzing two decades of …A full understanding of how gasoline prices affect consumer behavior frequently requires information on how consumers … data on gasoline price expectations from the Michigan Survey of Consumers. We find that average consumer beliefs are …

The adoption of artificial intelligence (AI) prediction of demand by a monopolist firm is examined. It is shown that …, in the absence of AI prediction, firms face complex trade-offs in setting price and quantity ahead of demand that impact …