Benjamin Leard

Assistant Professor, University of Tennessee

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Working Papers

How Much Do Consumers Value Fuel Cost Savings? Evidence from Passenger Vehicle Leasing (with Kevin Ankney) 2023 RFF Working Paper 21-27

Vehicle Attribute Tradeoffs and the Distributional Effects of US Fuel Economy and Greenhouse Gas Emissions Standards (with Joshua Linn and Katalin Springel) 2023 RFF Working Paper  RFF Blog Post

Should Electric Vehicle Purchase Subsidies be Linked with Scrappage Requirements? (with Kevin Ankney) 2022 RFF Working Paper 22-13


Published Papers

Firms and Collective Reputation: a Study of the Volkswagen Emissions Scandal (with Rüdiger Bachmann, Gabriel Ehrlich, Ying Fan, and Dimitrije Ruzic), Journal of the European Economic Association, 2023, 21-2. Working paper

How Much Do Consumers Value Fuel Economy and Performance? Evidence from Technology Adoption (with Joshua Linn and Christy Zhou), The Review of Economics and Statistics, 105-1  RFF Working Paper  RFF Resources Article  RFF Blog Post 

Estimating Consumer Substitution Between New and Used Passenger Vehicles, Journal of the Association of Environmental and Resource Economists, 2022, 9-1: 27-49. RFF Working Paper

Interpreting Tradable Credit Prices in Overlapping Vehicle Regulations (with Virginia McConnell), Journal of Environmental Economics and Management,  2021, 109: 1-8. RFF Working Paper

What Does an Electric Vehicle Replace? (with Jianwei Xing and Shanjun Li), Journal of Environmental Economics and Management, 2021, 107: 1-33.  NBER Working Paper  RFF Working Paper  RFF Resources Article  NBER Digest

Pushing New Technology into the Market: California’s Evolving Zero Emission Vehicle Mandate (with Virginia McConnell), Review of Environmental Economics and Policy, 2021, 15(1): 169-179. RFF Working Paper  RFF Blog Post

The Effect of Fuel Price Changes on Fleet Demand for New Vehicle Fuel Economy (with Virginia McConnell and Christy Zhou), Journal of Industrial Economics, 2019, 67(1): 127-159. RFF Working Paper  RFF Resources Article 

Explaining the Evolution of Vehicle Miles Traveled in the United States (with Joshua Linn and Clayton Munnings), Energy Journal, 2019, 40(1): 25-54. RFF Working Paper 

Voluntary Exposure Benefits and the Costs of Climate Change (with Kevin Roth), Journal of the Association of Environmental and Resource Economists, 2019, 6(1): 151-185. RFF Working Paper  RFF Resources Article

Flawed Analyses of U.S. Auto Fuel Economy Standards (with Antonio M. Bento, Kenneth Gillingham, Mark R. Jacobsen, Christopher R. Knittel, Joshua Linn, Virginia McConnell, David Rapson, James M. Sallee, Arthur A. van Benthem, and Kate S. Whitefoot), Science, 2018, 362(6419): 1119-1121. Supplementary Materials

Consumer Inattention and the Demand for Vehicle Fuel Cost Savings, Journal of Choice Modeling, 2018, 29: 1-16. RFF Working Paper

Fuelling Behaviour Change, Nature Energy News & Views, 2018, 3: 541-542.

How Do Low Gas Prices Affect Costs and Benefits of US New Vehicle Fuel Economy Standards? (with Joshua Linn and Virginia McConnell), Economics of Energy & Environmental Policy, 2018, 7(2). RFF Policy Brief

New Markets for Credit Trading Under U.S. Automobile Greenhouse Gas and Fuel Economy Standards (with Virginia McConnell), Review of Environmental Economics and Policy, 2017, 11(2): 207-226. RFF Report  RFF Resources Article  RFF Blog Post

Fuel Prices, New Vehicle Fuel Economy, and Implications for Attribute-Based Standards (with Joshua Linn and Virginia McConnell), Journal of the Association of Environmental and Resource Economists, 2017, 4(3): 659-700. RFF Working Paper  RFF Blog Post

Are Consumers Willing to Pay to Let Cars Drive for Them? Analyzing Response to Autonomous Vehicles (with Ricardo Daziano and Mauricio Sarrias), Transportation Research Part C: Emerging Technologies, 2017, 78: 150-164. RFF Working Paper  RFF Resources Article  RFF Podcast  NBER Presentation Slides 

On the Importance of Baseline Setting in Carbon Offsets Markets (with Antonio Bento and Ravi Kanbur), Climatic Change, 2016, 137(3): 625-637. RFF Working Paper. This publication is based on a prior paper titled "Super-Additionality: A Neglected Force in Markets for Carbon Offsets" with an associated Dyson School Working Paper.

Designing Efficient Markets for Carbon Offsets with Distributional Constraints (with Antonio Bento and Ravi Kanbur), Journal of Environmental Economics and Management, 2015, 70(2): 51-71.

The Welfare Effects of Allowance Banking in Emissions Trading Programs, Environmental and Resource Economics, 2013, 55(2): 175-197.

Equivalencies in the Fishery (with Jon Conrad), Natural Resource Modeling, 2013, 26(2): 154-163.