| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7405738 | Energy Policy | 2012 | 8 Pages |
Abstract
⺠We identify and quantify principal agent market failures in the trucking industry. ⺠Up to 91% of truck fuel consumption is exposed to a usage principal-agent market failure. ⺠Twenty-three percent of trailers are exposed to an efficiency principal-agent market failure. ⺠These market failures at least partially insulate key decision makers from fuel price signals.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
David Vernon, Alan Meier,