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Fueling Alternatives: Gas Station Choice and the Implications for Electric Charging / Jackson Dorsey, Ashley Langer, Shaun McRae.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Dorsey, Jackson.
Contributor:
National Bureau of Economic Research.
Langer, Ashley.
McRae, Shaun.
Series:
Working Paper Series (National Bureau of Economic Research) no. w29831.
NBER working paper series no. w29831
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2022.
Summary:
This paper estimates an imperfect information discrete choice model of drivers' refueling preferences and analyzes the implications of these preferences for electric vehicle (EV) adoption. Drivers respond four times more to stations' long-run average prices than to current prices and value travel time at $27.54/hour. EV adopters with home charging receive $829 per vehicle in benefits from avoiding travel to gas stations, whereas refueling travel and waiting time costs increase by $9,169 for drivers without home charging. Increasing the charging speed of the existing network yields 4.7 times greater time savings than a proportional increase in the number of stations.
Notes:
Print version record
March 2022.

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