RATIONING OF GASOLINE IN SITUATIONS OF ACUTE SHORTAGE

RANSONERING AV BENSIN I AKUTA BRISTLAEGEN

If, in a situation where there is a shortage of gasoline, the authorities prevent the price of gasoline from increasing, certain otherwise passive, allocative, problems will arise. The reserves of gasoline will tend to decrease too rapidly and may possibly be completely exhausted. The allocation of gasoline among the various consumers will be, if not completely arbitrary, inefficient, and transaction costs tend to rise as the lengths of the lines at the filling stations increase. In principle, the allocative problems mentioned above can be avoided through rationing. The extent of the total consumption of gasoline for the various sub-periods can be kept under control at the same time as the allocation of the rationed quantity can be directly apportioned among the consumers. Transaction costs can be kept down by assuring consumers a certain quantity at an unchanged price. Convertible rations have been emphasized in this report, as a method to obtain a favourable marketing result. To permit conveyance only for valuable consideration is hardly enough to obtain efficiency. It is also necessary to create the necessary conditions for a coupon market. In the report, the aspect of income distribution on gasoline rationing has been treated. The problem with controlling the sellers has been neglected. An important task is to study the control of supply of gasoline at rationing and technical and administrative conditions for different systems. (TRRL)

  • Corporate Authors:

    Stockholm University, Sweden

    P.O. Box 6701
    S-11385 Stockholm,   Sweden 
  • Authors:
    • HESSELBORN, P-O
  • Publication Date: 1979-6

Language

  • Swedish

Media Info

  • Features: Figures; References; Tables;
  • Pagination: 78 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00311370
  • Record Type: Publication
  • Source Agency: Swedish National Road and Transport Research Institute (VTI)
  • Report/Paper Numbers: Monograph
  • Files: ITRD, TRIS
  • Created Date: Jul 22 1980 12:00AM