Showing 1 - 10 of 12
The present complexity approach is based on two assumptions: A1: measurability of deviations of outcomes with respect … to reference values; A2 : extension of A1 to multi-set analysis. Complexity is then defined in terms of multi … reducing greatly the degree of complexity of the problem, and hence the difficulty of finding a solution. …
Persistent link: https://www.econbiz.de/10005181604
How does tax complexity affect people’s reaction to tax changes? To answer this question, we conduct an experiment in …
Persistent link: https://www.econbiz.de/10010652444
It is entirely appropriate that the study of public finance take seriously “behavioral” inconsistencies with traditional models of individual and collective decision-making. This raises the question of whether the state should play a role in protecting individuals from themselves, and...
Persistent link: https://www.econbiz.de/10008572563
This paper explores the impact of airport noise regulation on airline service quality and airfares. It also characterizes the socially optimal stringency of noise limits, taking both noise damage and the various costs borne by airlines and their passengers into account. The analysis also...
Persistent link: https://www.econbiz.de/10005766104
This paper presents a simple model of airline schedule competition that circumvents the complexities of the spatial approach used in earlier papers. Consumers choose between two duopoly carriers, each of which has evenly spaced flights, by comparing the combinations of fare and expected schedule...
Persistent link: https://www.econbiz.de/10005766117
The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be confronted by policy makers. As part of their policy response, it is probable that some form of congestion pricing will be imposed at selected U.S. airports in the relatively near...
Persistent link: https://www.econbiz.de/10005094498
This paper explores the effects of a European airline merger followed by a consolidation of two competing international alliances. The exercise has been inspired by the Air France-KLM merger, which is expected to spur consolidation of the Northwest-KLM and SkyTeam alliances into a single...
Persistent link: https://www.econbiz.de/10005196317
We examine the effects of differences in income tax rates on commuting times within multi-state MSAs. Our theoretical model introduces a border into a model of an urban area and shows that differences in average tax rates distort commute times and interstate commutes. Empirically examining...
Persistent link: https://www.econbiz.de/10010790166
More than 40% of US corn is now used to produce biofuels, which are used as substitutes for gasoline in transportation …
Persistent link: https://www.econbiz.de/10011165501
This paper examines the performance of 358 European diversified equity mutual funds controlling for gender differences …. Fund performance is evaluated against funds’ designated market indices and representative style portfolios. Consistently … with previous studies, no significant differences in performance and risk are found between female and male managed funds …
Persistent link: https://www.econbiz.de/10010667412