Showing 1 - 10 of 10
Local policy makers seek ways to deal with abandoned industrial heritage in their jurisdictions. Much is demolished, but in some cases considerable investments are made to preserve the cultural aspects of industrial sites. The renewal plans are usually designed to stimulate urban renewal in the...
Persistent link: https://www.econbiz.de/10011272601
This paper offers both a conceptual and an operationalmodel that aims to map out the causes and implicationsof ICT perceptions and views of urban policy makersand/or administrative officials (denoted as urban frontliners). This is followed by the presentation of an opera-tional path model, viz....
Persistent link: https://www.econbiz.de/10011256111
Information and Communication Technologies (ICT) have become important tools topromote and realize a variety of public goals and policies. The growing importance of ICT indaily life, business activities and govemance prompts the need to consider the role of ICTmore explicitIy in urban...
Persistent link: https://www.econbiz.de/10011256188
Information and Communication Technologies (ICT) have become important tools to promote a variety of public goals and policies. In the past years much attention has been given to the expected social benefits from deploying ICT in different fields (transportation, education, public participation...
Persistent link: https://www.econbiz.de/10011256229
The risk of investment in schooling has largely been ignored. We assess thevariance in the rate of return by surveying … options. choosingparameters on basis of the very limited evidence. The distribution of rates of return appearspositively …
Persistent link: https://www.econbiz.de/10011257594
This paper introduces the Werden-Froeb Index (WFI) to assist in evaluating merger-specific efficiencies in horizontal … mergers. The index measures the weighted average reduction in marginal costs required to restore pre-merger equilibrium prices … has relatively low information requirements. We propose to use the index as a natural complement to concentration measures …
Persistent link: https://www.econbiz.de/10011257357
This discussion paper led to a publication in the <I>Journal of Economic Dynamics and Control</I>. Volume 31(6), pp. 1938-1970.<P> We estimate a dynamic asset pricing model characterized by heterogeneous boundedly rational agents. The fundamental value of the risky asset is publicly available to all...</p></i>
Persistent link: https://www.econbiz.de/10011255800
This discussion paper led to a chapter in: (S.N. Durlauf & L.E. Blume (Eds.))<I>The New Palgrave Dictionary of Economics</I> 2nd ed. Vol.4, pp. 402-406. Basingstoke: Palgrave Macmillan, 2008.<P> Interacting agents in finance represent a behavioral, agent-based approach in which financial markets are...</p></i>
Persistent link: https://www.econbiz.de/10011255945
Recent research reveals that hedge fund returns exhibit a range of different,possibly non-linear pay-off patterns. It is difficult to qualify all these patternssimultaneously as being rational in a traditional framework for optimal financial decisionmaking. In this paper we present a simple...
Persistent link: https://www.econbiz.de/10011257172
This discussion paper resulted in an article in the 'European Economic Review' (2006). Volume 50, issue 8, pages 1937-1950.<P> The main contribution of this study is the finding that round numbers can act aspricebarriers for individual stocks. In addition, a first step is made to explain this and...</p>
Persistent link: https://www.econbiz.de/10011257650