Showing 1 - 10 of 18
zones or can commute between them. This model is used to explore the dynamics of housing and work decisions after a … of developers and government transport agencies for the equilibrium on the housing and the labour markets. The model is … used to identify better Cost-Benefit rules for transport invest-ments and the role of coordination between housing and …
Persistent link: https://www.econbiz.de/10010899603
Despite numerous efforts at interpretation and exposition, the standard Real Business Cycle model remains somewhat misterious. Its dynamic porperties are by now familiar, at least to those who made the effort to run simulation by themselves. Many extention of the basic model have been developed,...
Persistent link: https://www.econbiz.de/10010738599
We present a model of inductive inference that includes, as special cases, Bayesian reasoning, case-based reasoning, and rulebased reasoning. This uni ed framework allows us to examine how the various modes of inductive inference can be combined and how their relative weights change...
Persistent link: https://www.econbiz.de/10010821413
The recognition that contracts have a time dimension has given rise to a very abundant literature since the end of the 1980s. In such a dynamic context, the contract may take place over several periods and develop repeated interactions. Then, the principal topics of the analysis are commitment,...
Persistent link: https://www.econbiz.de/10008792681
dynamics of organisational rules between 1996 and 2005. The French New Market (FNM) was created in 1996 in order to finance … dynamics testifies a lack of consistency and relevance in the rules during this period, given the identity and of the FNM. More …
Persistent link: https://www.econbiz.de/10008793131
Extreme events are one of the main channels through which climate and socio- economic systems interact and it is likely that climate change will modify their probability distributions. The long-term growth models used in climate change as- sessments, however, cannot capture the effects of such...
Persistent link: https://www.econbiz.de/10008793739
In Europe, economic evaluation of flood management projects is becoming a commonly used decision tool. At the same time …, flood management policies shift towards new concepts such as giving more room to water by restoring floodplain and living … damage on agriculture may have a high influence on the efficiency of these policies, flood damage assessment on agricultural …
Persistent link: https://www.econbiz.de/10010821136
The present research relaxes three of the usual assumptions made in the insurance literature. It is assumed that (1) there is a finite number of risks, (2) the risks are not statistically independent and (3) the structure of the market is monopolistic. In this context, the article analyses two...
Persistent link: https://www.econbiz.de/10010820477
This paper analyses the effect of public expenditure on economic growth from both a theoretical and an empirical point of view. Given that the economic literature supplies numerous and conflicting views on the topic, the article offers a framework combining both theories of market failures and...
Persistent link: https://www.econbiz.de/10010635201
positive for small values of this distance, but this positive effect is mitigated by the fact that housing surfaces increase. …
Persistent link: https://www.econbiz.de/10009147734