Ever stricter emission regulations force automobile manufacturers to reduce their products' emissions of carbon dioxide. There are several technical options to solve the problem, all of them effective in one or another way. A manufacturer could decide for minimum cost and move on. However, the problem should also be considered from a long-term perspective. Changes in the products' characteristics or the whole product line may lead to unintended consequences. Changing market conditions should be taken into account, too. Furthermore, some legislation demands the introduction of advanced drivetrain technology such as hydrogen or batteries powered vehicles. This makes the adaptation problem even worse, because the dynamics of market introduction of technological innovations are difficult to forecast, A simulation model is presented that aims to do this while incorporating the firm's production activities. It takes a broad view on the relevant parts of the market and allows structured long-term planning activities.
Regulatory impact assessment from a company's perspective
2008
8 Seiten, 4 Bilder, 12 Quellen
Aufsatz (Konferenz)
Englisch
F2008-10-014 REGULATORY IMPACT ASSESSMENT FROM A COMPANY'S PERSPECTIVE
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