Narrow search
Showing 1 - 10 of 3,682
Cover Image
A tale of two roads : groundwater depletion in the North China Plain
Chakravorty, Ujjayant; Deng, Xiangzheng; Gong, Yazhen; … - 2023
. In addition, there is greater depletion of the groundwater in wells near the two highways relative to wells located …
Persistent link: https://www.econbiz.de/10014340116
Cover Image
Sinking land : Optimal control of subsidence
Sen, Suphi; Verhoeven, Dewy; Weikard, Hans-Peter - 2023
characterized by soft top soil. Economic activity in deltaic regions requires lowering the groundwater levels to keep the land … model recognizing this trade-off: we integrate the dynamics of land subsidence and groundwater management to derive optimal … paths for controlling the groundwater level. Applying our model to the paradigm case of Dutch agricultural peatlands, we …
Persistent link: https://www.econbiz.de/10014382946
Cover Image
On the equivalence of location choice models : conditional logit, nested logit and poisson
Schmidheiny, Kurt; Brülhart, Marius - 2009
It is well understood that the two most popular empirical models of location choice - conditional logit and Poisson - return identical coefficient estimates when the regressors are not individual specific. We show that these two models differ starkly in terms of their implied predictions. The...
Persistent link: https://www.econbiz.de/10003871985
Cover Image
Urban squatting with rent-seeking organizers
Brueckner, Jan K. - 2012
This paper extends a new line of research on urban squatting that focuses on the role of the squatter organizer. The model replaces the benevolent organizer from previous studies with a collection of competing, rent-seeking squatter organizers, a structure that may offer a realistic picture of...
Persistent link: https://www.econbiz.de/10009621780
Cover Image
Decentralized leadership
Silva, Emilson C. D. - 2016
This paper studies the efficiency of decentralized leadership in federations where selfish regional governments provide regional and federal public goods and the benevolent central government implements interregional earmarked and income transfers. Without residential mobility, unlimited...
Persistent link: https://www.econbiz.de/10011524602
Cover Image
Incomplete contracts and the impact of globalization on consumer welfare
Defever, Fabrice - 2011
We embed a North-South trade model into an incomplete contracts setting where the production of heterogeneous firms can be geographically separated. When a Northern headquarter contracts with a Southern supplier instead of a Northern supplier, the presence of international incomplete contracts...
Persistent link: https://www.econbiz.de/10009130212
Cover Image
Quality of life in a dynamic spatial model
Ahlfeldt, Gabriel M.; Bald, Fabian; Roth, Duncan; … - 2020
We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...
Persistent link: https://www.econbiz.de/10012388100
Cover Image
Do as essay, not as I do? : how inflated list prices of unsold essayer homes affect the price discovery process
Agarwal, Sumit; Seiler, Michael J.; Siebert, Ralph - 2022
In the U.S. real estate market, around 30 percent of listed properties remain unsold. We examine whether unsold property listings exert externalities in the housing market. Our study builds on a comprehensive dataset that encompasses residential property listings in Orange County (California)...
Persistent link: https://www.econbiz.de/10013440434
Cover Image
Price equilibrium with selling constraints
Moraga-González, José Luis; Watanabe, Makoto - 2023
This paper studies how selling constraints, which refer to the inability of firms to attend to all the buyers who want to inspect their products, affect the equilibrium price and social welfare. We show that the price that maximizes social welfare is greater than the marginal cost. This is...
Persistent link: https://www.econbiz.de/10014320135
Cover Image
Tenant riskiness, contract length, and the term structure of commercial leases
Brueckner, Jan K.; Rosenthal, Stuart S. - 2022
contracts. Theory shows that the possibility of default on a long-term lease generates a risk/lease-length connection. The …
Persistent link: https://www.econbiz.de/10013482225