An Open Access Journal
Table 8 Comparison GBM vs. MRM
From: Consumer value of fuel choice flexibility - a case study of the flex-fuel car in Sweden
GBM | MRM | |
|---|---|---|
Gasoline costs | 221 479 SEK | 178 729 SEK |
E85 costs | 202 765 SEK | 173 385 SEK |
Costs min (Gas, E85) | 183 625 SEK | 171 234 SEK |
Value of switching option | 37 854 SEK | 7 495 SEK |
Option value/total fuel costs | 17.09 % | 4.19 % |