Tanktourismus - eine Szenario-Analyse
Peter Michaelis ()
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Peter Michaelis: University of Augsburg, Department of Economics
No 249, Discussion Paper Series from Universitaet Augsburg, Institute for Economics
Abstract:
The present paper analyzes the incentives of domestic car drivers to get their fuel beyond the border line due to given price differences (“fuel tourism”). The paper distinguishes the cases of limited and complete rationality. Limited rationality means that the decision of car drivers is solely based on additional fuel costs and time effort; complete rationality, in contrast, means that all private costs are taken into account. The outcome shows that, regarding the case of limited rationality, even comparably small price differences induce a strong incentive for "fuel tourism". The key to a solution for this problem is to make car drivers more aware of the complete private costs of driving which they are already paying for today.
Keywords: fuel prices; fuel tourism (search for similar items in EconPapers)
JEL-codes: Q20 R40 (search for similar items in EconPapers)
Date: 2003-09
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:aug:augsbe:0249
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