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Keywords = surcharges/discounts

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26 pages, 1579 KB  
Article
Forecasting Infrastructure Needs, Environmental Impacts, and Dynamic Pricing for Electric Vehicle Charging
by Osama Jabr, Ferheen Ayaz, Maziar Nekovee and Nagham Saeed
World Electr. Veh. J. 2025, 16(8), 410; https://doi.org/10.3390/wevj16080410 - 22 Jul 2025
Viewed by 524
Abstract
In recent years, carbon dioxide (CO2) emissions have increased at the fastest rates ever recorded. This is a trend that contradicts global efforts to stabilise greenhouse gas (GHG) concentrations and prevent long-term climate change. Over 90% of global transport relies on [...] Read more.
In recent years, carbon dioxide (CO2) emissions have increased at the fastest rates ever recorded. This is a trend that contradicts global efforts to stabilise greenhouse gas (GHG) concentrations and prevent long-term climate change. Over 90% of global transport relies on oil-based fuels. The continued use of diesel and petrol raises concerns related to oil costs, supply security, GHG emissions, and the release of air pollutants and volatile organic compounds. This study explored electric vehicle (EV) charging networks by assessing environmental impacts through GHG and petroleum savings, developing dynamic pricing strategies, and forecasting infrastructure needs. A substantial dataset of over 259,000 EV charging records from Palo Alto, California, was statistically analysed. Machine learning models were applied to generate insights that support sustainable and economically viable electric transport planning for policymakers, urban planners, and other stakeholders. Findings indicate that GHG and gasoline savings are directly proportional to energy consumed, with conversion rates of 0.42 kg CO2 and 0.125 gallons per kilowatt-hour (kWh), respectively. Additionally, dynamic pricing strategies such as a 20% discount on underutilised days and a 15% surcharge during peak hours are proposed to optimise charging behaviour and improve station efficiency. Full article
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28 pages, 8352 KB  
Article
Bagging a Greener Future: Social Norms Appeals and Financial Incentives in Promoting Reusable Bags Among Grocery Shoppers
by Rain Wuyu Liu, Taylor Ann Foerster and Jie Zhuang
Sustainability 2025, 17(9), 4157; https://doi.org/10.3390/su17094157 - 4 May 2025
Viewed by 913
Abstract
This research examined the persuasive impact of social norms and financial incentive messaging for encouraging reusable bag use. In an online experiment with a nationally representative sample from the U.S. (n = 753), participants were randomly exposed to static or dynamic descriptive/injunctive [...] Read more.
This research examined the persuasive impact of social norms and financial incentive messaging for encouraging reusable bag use. In an online experiment with a nationally representative sample from the U.S. (n = 753), participants were randomly exposed to static or dynamic descriptive/injunctive norms, discounts/surcharges, combinations, or a control message. Intentions to bring reusable bags when grocery shopping, along with other key demographic and psychological variables, were assessed. ANCOVA results demonstrate the main effects of the messages. Planned contrasts revealed that injunctive norms elicited higher intentions than descriptive norms. Dynamic descriptive norms led to stronger intentions compared to static descriptive norms, with no difference shown between the two injunctive norm conditions. Notably, combining injunctive norms with either incentive boosted intentions beyond standalone messaging, supporting motivational complementarity. Norms overall outperformed incentives, but integrating social and economic appeals shows promise. The predicted superiority of experimental messages in promoting intentions, when compared to a generic pro-environmental appeal (control), was not supported. The findings advance an integrated behavior change approach highlighting normative information and incentives, shedding light on optimal messaging strategies amid pro-environmental interventions. Full article
16 pages, 510 KB  
Article
Multiple Bonus–Malus Scale Models for Insureds of Different Sizes
by Jean-Philippe Boucher
Risks 2022, 10(8), 152; https://doi.org/10.3390/risks10080152 - 28 Jul 2022
Cited by 4 | Viewed by 2442
Abstract
How to consider the a priori risks in experience-rating models has been questioned in the actuarial community for a long time. Classic past-claim-rating models, such as the Buhlmann–Straub credibility model, normalize the past experience of each insured before applying claim penalties. On the [...] Read more.
How to consider the a priori risks in experience-rating models has been questioned in the actuarial community for a long time. Classic past-claim-rating models, such as the Buhlmann–Straub credibility model, normalize the past experience of each insured before applying claim penalties. On the other hand, classic Bonus–Malus Scales (BMS) models generate the same surcharges and the same discounts for all insureds because the transition rules within the class system do not depend on the a priori risk. Despite the quality of prediction of the BMS models, this experience-rating model could appear unfair to many insureds and regulators because it does not recognize the initial risk of the insured. In this paper, we propose the creation of different BMSs for each type of insured using recursive partitioning methods. We apply this approach to real data for the farm insurance product of a major Canadian insurance company with widely varying sizes of insureds. Because the a priori risk can change over time, a study of the possible transitions between different BMS models is also performed. Full article
(This article belongs to the Special Issue Data Science in Insurance)
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12 pages, 785 KB  
Article
The Impact of Service Firm’s Environmentally Friendly Reputation in the Context of Revenue Management
by Choongbeom Choi and Miyoung Jeong
Int. J. Environ. Res. Public Health 2020, 17(17), 6264; https://doi.org/10.3390/ijerph17176264 - 28 Aug 2020
Viewed by 2389
Abstract
In revenue management practice, customers’ perceived fairness is a critical issue. Prior research examined the effect of revenue management on customers’ perceptions of fairness by implementing two different conditions: fencing and framing. In this study, the authors evaluated the role of a service [...] Read more.
In revenue management practice, customers’ perceived fairness is a critical issue. Prior research examined the effect of revenue management on customers’ perceptions of fairness by implementing two different conditions: fencing and framing. In this study, the authors evaluated the role of a service firm’s environmentally friendly reputation under the conditions of fencing and framing. Results indicated that an environmentally friendly reputation only moderated the effect of framing on perceived fairness. In particular, when the firm had a poor reputation, framing as a discount rather than framing as a surcharge increased customers’ fairness perceptions. When the firm had a good reputation, however, customers’ perception of fairness did not differ across two framing conditions. The findings of this study help firms to understand how customers perceive fairness in revenue management practice. Full article
(This article belongs to the Special Issue Feature Papers: Health Economics)
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