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- W44205308 abstract "Leased cars with pre-paid fuel are a significant part of traffic today in many countries. Incentivized to drive as much as possible, their users contribute to pollution, congestion, and other negative societal effects. Calls for change of these leasing arrangements, by environmental organizations and others, are often rejected due to alleged economic rationales. We analyze from a game-theoretic perspective an alternative leasing model, where each driver pays for her own fuel. We show the emergence of a unique equilibrium in which everybody gains: the drivers, their employers who are paying for fuel, and, of course, the environment." @default.
- W44205308 created "2016-06-24" @default.
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- W44205308 date "2010-01-01" @default.
- W44205308 modified "2023-09-27" @default.
- W44205308 title "A Game-theoretic Approach to Leasing Agreements can Reduce Congestion" @default.
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