Gasoline Prices, Fuel Economy, and the Energy Paradox
It is often asserted that consumers purchasing automobiles or other goods and services underweight the costs of gasoline or other "add-ons." We test this hypothesis in the US automobile market by examining the effects of time series variation in gasoline price expectations on the prices an...
Main Authors: | , |
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Format: | Working Paper |
Language: | en_US |
Published: |
MIT Center for Energy and Environmental Research Policy
2010
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Online Access: | http://hdl.handle.net/1721.1/54753 |