Showing 1 - 10 of 11
satiable agents, i.e., the benefit function is decreasing beyond some satiation point. In such situations externalities appear … has an increasing benefit function (no externalities) then every weighted hierarchical solution is core-stable. In case of … satiation points, it appears that every weighted hierarchical solution is independent of the externalities. …
Persistent link: https://www.econbiz.de/10008646228
causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on …, there are clear indications that there is also an effect of homeownership on the search for jobs on the local labour market …
Persistent link: https://www.econbiz.de/10005144526
We derive and discuss a general, but simple geographical economics model with congestion, allowing us to explain the economic viability of small and large locations. The model generalizes some previous work and lends itself to analyzing the impact of public policy in terms of infrastructure...
Persistent link: https://www.econbiz.de/10005795569
In this paper we argue that authorities aid cooperation by means of direct coordination or the enforcement of re-commitment devices such as contract laws.Credible threats of violence allow this role. In a local interaction model, an authority forms if mutually connected individuals with...
Persistent link: https://www.econbiz.de/10005136860
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
. However, if the programme generates externalities for non-participants such an approach will capture only part of the …
Persistent link: https://www.econbiz.de/10005137159
We assess the monetary value of the noise damage, caused by aircraft noise nuisance around Amsterdam Airport, as the sum of hedonic house price differentials and a residual cost component. The residual costs are assessed from a survey, including an ordinal life satisfaction scale, on which...
Persistent link: https://www.econbiz.de/10005137235
Why do people leave high-income countries with extensive welfare states? This article will examine what underlies the emigration intentions of native-born inhabitants of one industrialized country in particular: the Netherlands. To understand emigration from high-income countries we focus not...
Persistent link: https://www.econbiz.de/10005137297
This paper analyses the adoption of energy-efficiency enhancing technologies by heterogeneous firms. The fact that energy use does not only cause external environmental costs through pollution, but also directly affects the profitability of the firm and hence its behaviour on input and output...
Persistent link: https://www.econbiz.de/10005450770
positive externality of increasing returns to investment which are counterbalanced by recombinant innovation. We determine …
Persistent link: https://www.econbiz.de/10008838533