Limited fuel availability is a critical factor in the marketability of new fuels. A survey of us households is used to estimate the value of fuel availability and its influence on choice of fuel for a fuel-flexible vehicle and the choice of a dedicated-fuel engine for a vehicle. The marginal value of availability decreases as the percent of stations offering a new fuel increases. For fuel-flexible vehicles the cost of lack of availability decreases from us $0.35/gallon at 1% to US $0.02/gallon when 50% of stations offer the fuel.

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PDF icon Survey Evidence...Alternative Fuels.pdf134.77 KB
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Author: 
David L. Greene
Publication Year: 
1996
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