Universities, like other types of public and private institutions, when located in a city, have both positive and negative impacts on the area where they are situated. On the one hand, they contribute to the prestige of the area; on the other hand, they are large generators/attractors of traffic....

The pricing of parking is a common tool used by governments to facilitate the efficient movement of traffic, raise revenue and influence travel behaviour. In January 2006, the Victorian Government introduced a ‘congestion levy’ on long-stay, off-street car parking spaces within inner...

Abstract The need to balance the positive and negative effects of patent monopoly is at the heart of design and reform of the patent system. However, by scrutinizing prior studies on optimal patent design, this paper has found that the basis for this balanced approach is flawed. Furthermore, a...

Summary Using data on the valuation of Christmas gifts received by students enrolled in different fields at a German university, we investigate whether the endowment effect, the difference between asking and bidding prices, differs between males and females, students of economics and other...