Fuel Adjustment Mechanisms and Economic Efficiency

Car User Taxes, Quality Characteristics and Fuel Efficiency: Household Behavior and Market Adjustment

We study the impact of fuel taxes and kilometer taxes on households’ choices of vehicle quality, on their demand for kilometers driven, and on fuel consumption. Moreover, embedding this information in a model of the car market, we analyze the implications of these taxes for the opportunity costs of owning cars of different quality. Higher quality raises the fixed cost of car ownership, but it m...

Using Expressiveness to Increase Efficiency in Social and Economic Mechanisms

Mechanisms for facilitating people’s interactions with businesses, their governments, and each other are ubiquitous in today’s society. One emerging trend over the past decade, along with increasing computational power and bandwidth, has been a demand for higher levels of expressiveness in such mechanisms. This trend has already manifested itself in combinatorial auctions and generalizations th...

Using Expressiveness to Increase Economic Efficiency in Social Mechanisms

Mechanisms are present everywhere in both business and social contexts. They govern the interactions people have with businesses, governments, and each other. One emerging trend over the past decade is a demand for higher levels of expressiveness in mechanisms that mediate interactions such as the allocation of resources, matching of peers, and elicitation of opinions. This trend has already ma...

Structural Adjustment and Economic Efficiency of Rice Farmers in Northern Ghana

Comparison of Hybrid Fuel Cell Vehicle Technology and Fuel Efficiency

Hybridization of fuel cells with additional batteries or ultracapacitors in a fuel cell vehicle reduces electrical and mechanical stresses on fuel cells and improves the overall drive train efficiency over a standard drive cycle. This paper primarily analyzes hybrid fuel cell vehicles with different drive train arrangements, and compares projected fuel economies of hybrid fuel cell vehicles wit...