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This paper presents a theoretical model and addresses several issues related to life cycle cost analysis to illustrate how time-inconsistent preferences affect consumer choice. The particular case study selects involved consumer choice between a vehicle with high initial acquisition cost but low ownership cost (e.g., an Electric Vehicle, EV) and one with a low initial acquisition cost but high ownership...
Methods to control China's CO 2 emissions under its rapid economic development process have received much attention. As the top industrialized and urbanized region in China, Beijing is a good case to show the trends of CO 2 emissions in China, and examining how different drivers influence the CO 2 emissions direction of Beijing can give valuable insights to other regions on...
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