U-M study finds current CAFE standards create profit incentive for larger vehicles
Green Car Congress
DECEMBER 7, 2011
10 11 kg with no size changes)—the equivalent to adding three to ten coal-fired power plants to the electricity grid each year. They constructed an oligopolistic equilibrium model in which firms maximize profits with respect to the prices, acceleration performance, and levels of technology features of their vehicles. 10 11 –5.17×10
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