in The Review of Economic Studies
April 2014; p ublished online October 2013 .
Journal Article. Subjects: Environmental Economics; Economics of Health; Energy Economics; Transportation Systems; Taxation, Subsidies, and Revenue. 21292 words.
Heavier vehicles are safer for their own occupants but more hazardous for other vehicles. Simple theory thus suggests that an unregulated vehicle fleet is inefficiently heavy. Using three...
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