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This paper synthesises the state of knowledge on the economic effects of density. We consider 15 outcome categories and 209 estimates of density elasticities from 103 studies. More than 50% of these estimates have not been previously published and have been provided by authors on request or...
Persistent link: https://www.econbiz.de/10011752552
We critically assess an almost universal Benefit-Cost Analysis (BCA) practice. In addition to the central Net Present Value (NPV), analysts frequently also report multiple additional values in what is commonly referred to as ‘NPV sensitivity analysis’. This practice is generally justified...
Persistent link: https://www.econbiz.de/10015158088
Not only transition countries but also a large number of developing (and developed) countries have established free economic zones (FEZs) with the aim of attracting foreign capital by providing tax incentives, creating employment opportunities and promoting exports as well as regional...
Persistent link: https://www.econbiz.de/10011402452
In the conventional literature related to investment decisions, less attention has been paid to the length of maturity when investment is debt-financed. In such a case a firm pays the creditor not only the sum of annual interest (initial investment cost multiplied by real interest rate) for the...
Persistent link: https://www.econbiz.de/10011402695
) we vary three payoff indices. Indices of risk and temptation capture the unilateral incentives to defect against … reduces cooperation. In neither study, nor in either subject pool of our second study, do we find a significant effect of risk. …
Persistent link: https://www.econbiz.de/10012694148
social context affected risk-taking behavior. Remotely, pairs take far fewer risks when the stakes are high than in the flesh …
Persistent link: https://www.econbiz.de/10013440406
the literature on wage effects we add a breakdown of variances in heterogeneity and risk. …
Persistent link: https://www.econbiz.de/10014309585
The risk of investment in schooling has largely been ignored. We assess the variance in the rate of return by surveying … positively skewed. Our best guess of ex ante risk in university education is a coefficient of variation of about 0.3, comparable …
Persistent link: https://www.econbiz.de/10011450523
find a quarter of students violated the order. Yet, neither risk preference, altruism, nor preexisting health conditions …
Persistent link: https://www.econbiz.de/10012213128
Using an economic model to assess welfare risk and resilience to disasters, this paper systematically tackles the … losses at the microeconomic level. Apart from the prioritization of regions based on resilience and welfare risk, we identify … risk from riverine floods. While there are similarities in the ranking of policies among regions with comparable levels of …
Persistent link: https://www.econbiz.de/10011810138