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Optimal Diversity in Investments with Recombinant Innovation

Bergh, Jeroen C.J.M. van den; Zeppini-Rossi, Paolo - Tinbergen Institute - 2008

We address the notion of dynamic, endogenous diversity and its role in theories of investment and technological … optimize the net benefits of diversity. The model takes into account increasing returns to scale and the effect of different … dimensions of diversity on the probability of emergence of a third option. We obtain analytical solutions describing the dynamic …

Persistent link: https://www.econbiz.de/10005144531

The Impact of Mixed Land Use on Residential Property Values

Koster, Hans R.A.; Rouwendal, Jan - Tinbergen Institute - 2010

willingness to pay for mixed land use. For example, apartment occupiers are willing to pay almost 25 percent more for diversity …

Persistent link: https://www.econbiz.de/10008679880

Geographic Concentration of Business Services Firms: A Poisson Sorting Model

Koster, Hans; Ommeren, Jos N. van; Rietveld, Piet - Tinbergen Institute - 2011

This paper examines the effects of specialisation (within-sector clustering) and diversity (between-sector clustering …, not necessarily business services firms, so diversity is negatively related to location decisions. Almost all firms either …

Persistent link: https://www.econbiz.de/10009132173

Competition and Well-Being

Brandts, Jordi; Riedl, Arno; Winden, Frans van - Tinbergen Institute - 2004

We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff gains for the short side of the market. We also find that...

Persistent link: https://www.econbiz.de/10005136861

Abolishing GDP

Bergh, Jeroen C.J.M. van den - Tinbergen Institute - 2007

Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...

Persistent link: https://www.econbiz.de/10005137102

Happiness and Financial Satisfaction in Israel. Effects of Religiosity , Ethnicity, and War

Praag, Bernard M.S. van; Romanov, Dmitri; … - Tinbergen Institute - 2010

vary in religiosity between secular and ultra-orthodox. We find a significant effect of religiosity on happiness. With …

Persistent link: https://www.econbiz.de/10008838560

Well-Being Inequality and Reference Groups - An Agenda for New Research

Praag, Bernard van - Tinbergen Institute - 2010

consists of the characteristics of the individuals belonging to his reference group. The vast literature about happiness … reference groups in SWB-models. In this paper we employ the reference-extended model for incorporating in happiness studies the … concept of inequality in happiness or SWB. …

Persistent link: https://www.econbiz.de/10008642566