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to oil prices means that particular attention is paid to the breakeven price and cost optimisation. Projects which are …
Persistent link: https://www.econbiz.de/10011474983
The national income and product accounts double-count investment, which enters once when it occurs and again in present value when the cumulated capital leads to more rental income. From the perspective of resources available intertemporally for consumption, the double-counting issue implies...
Persistent link: https://www.econbiz.de/10012016061
Software platforms are a critical component of the computer systems underpinning leading edge products ranging from … third generation mobile phones to video games. After describing some key economic features of computer systems and software …
Persistent link: https://www.econbiz.de/10002521152
Persistent link: https://www.econbiz.de/10003597978
with network effects are well-suited for the analysis of software copying while other models incorporating the feature that …
Persistent link: https://www.econbiz.de/10011511066
The internet has given birth to an expanding number of shared virtual reality spaces, with a collective population well into the millions. These virtual worlds exhibit most of the traits we associate with the Earth world: economic transactions, interpersonal relationships, organic political...
Persistent link: https://www.econbiz.de/10011514194
In March 1999, a small number of Californians discovered a new world called "Norrath", populated by an exotic but industrious people. About 12,000 people call this place their permanent home, although some 60,000 are present there at any given time. The nominal hourly wage is about USD 3.42 per...
Persistent link: https://www.econbiz.de/10011408437
Several million people currently have accounts in massively multi-player online games, places in cyberspace that are effectively large-scale shared virtual reality environments. The population of these virtual worlds has grown rapidly since their inception in 1996; significantly, each world also...
Persistent link: https://www.econbiz.de/10011410451
This paper presents an oTree addon that allows to include face-to-face communication in the form of a video chat in online group experiments. Group decisions, as opposed to individual decision-making, have recently gained considerable attention. The open-source addon is easy to use, exhibits a...
Persistent link: https://www.econbiz.de/10015332014
Spatial unit roots can lead to spurious regression results. We present a brief overview of the methods developed in Müller and Watson (2024) to test for and correct for spatial unit roots. We also introduce a suite of Stata commands (-spur-) implementing these techniques. Our commands exactly...
Persistent link: https://www.econbiz.de/10015191744