Samenvatting
The hybrid petrol-electric car is currently the leading innovation in the market. Imputing demand elasticities for such vehicles is difficult although aided by homogeneity and symmetry of the demand system. Elasticities are extremely sensitive when sales are small. New hybrid models are now being offered and the resulting competition with the Prius should drive price down. (a) For the covering entry of this conference, please see ITRD abstract no. E211903.