55 research outputs found

    Understanding household preferences for alternative-fuel vehicles technologies

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    This report explores consumer preferences among four different alternative-fuel vehicles (AFVs): hybrid electric vehicles (HEVs), compressed natural gas (CNG) vehicles, hydrogen fuel cell (HFC) vehicles, and electric vehicles (EVs). Although researchers have been interested in understanding consumer preferences for AFVs for more than three decades, it is important to update our estimates of the trade-offs people are willing to make between cost, environmental performance, vehicle range, and refueling convenience. We conducted a nationwide, Internet-based survey to assess consumer preferences for AFVs. Respondents participated in a stated-preference ranking exercise in which they ranked a series of five vehicles (four AFVs and a traditional gasoline-fueled vehicle) that differ primarily in fuel type, price, environmental performance, vehicle range, and refueling convenience. Our findings indicate that, in general, gasoline-fueled vehicles are still preferred over AFVs, however there is a strong interest in AFVs. No AFV type is overwhelmingly preferred, although HEVs seem to have an edge. Using a panel rank-ordered mixed logit model, we assessed the trade-offs people make between key AFV characteristics. We found that, in order to leave a person’s utility unchanged, a 1,000increaseinAFVcostneedstobecompensatedbyeither:(1)a1,000 increase in AFV cost needs to be compensated by either: (1) a 300 savings in driving cost over 12,000 miles; (2) a 17.5 mile increase in vehicle range; or (3) a 7.8-minute decrease in total refueling time (e.g. finding a gas station and refueling)

    Instabilities and robust control in natural resource management

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    Most renewable natural resources exhibit marked demographic and environmental stochasticities, which are exarcebated in management decisions by the uncertainty regarding the choice of an appropriate model to describe system dynamics. Moreover, demand and supply analysis often indicates the presence of instabilities and multiple equilibria, which may lead to management problems that are intensified by uncertainty on the evolution of the resource stock. In this paper the fishery management problem is used as an example to explore the potential of robust optimal control, where the objective is to choose a harvesting rule that will work under a range of admissible specifications for the stock-recruitment equation. The paper derives robust harvesting rules leading to a unique equilibrium, which could be helpful in the design of policy instruments such as robust quota systems.info:eu-repo/semantics/publishedVersio

    Economics of invasive species policy and management

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    “Control-Alt-Delete”: Rebooting Solutions for the E-Waste Problem

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    A number of efforts have been launched to solve the global electronic waste (e-waste) problem. The efficiency of e-waste recycling is subject to variable national legislation, technical capacity, consumer participation, and even detoxification. E-waste management activities result in procedural irregularities and risk disparities across national boundaries. We review these variables to reveal opportunities for research and policy to reduce the risks from accumulating e-waste and ineffective recycling. Full regulation and consumer participation should be controlled and reinforced to improve local e-waste system. Aiming at standardizing best practice, we alter and identify modular recycling process and infrastructure in eco-industrial parks that will be expectantly effective in countries and regions to handle the similar e-waste stream. Toxicity can be deleted through material substitution and detoxification during the life cycle of electronics. Based on the idea of "Control-Alt-Delete", four patterns of the way forward for global e-waste recycling are proposed to meet a variety of local situations

    The Value of Flexibility in the Italian Water Service Sector: A Real Option Analysis

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