Korean System Dynamics Review (한국시스템다이내믹스연구)
- Volume 9 Issue 2
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- Pages.27-43
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- 2008
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- 1229-8085(pISSN)
Building a Market Share Model of Alternative Fuel Vehicles: From Generic System Archetypes to System Dynamics Modeling
시스템 원형을 활용한 시스템 다이내믹스 모형 구축: 대체연료차량 시장 모형의 예
Abstract
This study investigates market barriers in increasing the market share of Alternative Fuel Vehicles (AFVs). In particular, this study first conceptualizes the AFVs market model with the aid of generic system archetypes suggested by Wolstenholme. Among four generic system archetypes suggested by Wolstenholme, the market structure of AFVs can be explained by the 'relative achievement' archetype. Starting from the generic system archetype, this study extends the model boundary step by step to take account of various model assumptions necessary to simulate the model numerically. If there is a significant network effect on vehicle operating costs, it is difficult to achieve the shift to AFVs even in the long term without a policy intervention because the car market is locked into the current structure. There are several possible policy options to break the 'locked-in' structure of the car market, such as subsidies on vehicles, subsidies on fuels, and a niche management policy.
Keywords