Showing 1 - 10 of 2,415
Persistent link: https://www.econbiz.de/10003363129
This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows us to evaluate if and how an economy locked into a dirty technology can be unlocked and move towards...
Persistent link: https://www.econbiz.de/10011382078
This paper discusses a number of issues that will become increasingly important nowthat the concept of marginal external cost pricing becomes more likely to be implementedas a policy strategy in transport in reality. The first part of the paper deals with thelong-run efficiency of marginal...
Persistent link: https://www.econbiz.de/10011299976
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/10011346464
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/10010338456
This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities …-linear building cost of dam capacity and externalities in a welfare optimization model. We obtain the optimal dam capacity for multi …
Persistent link: https://www.econbiz.de/10010421750
Neumann-Morgenstern expected utility functions using cooperative game theory. The social network literature studies various … numbers of neighbours) of the positions in a network. Although this allows for externalities, in the sense that the … preferences of a position might depend on the way how other positions are connected, these externalities can be taken into account …
Persistent link: https://www.econbiz.de/10014369587
shows that network externalities play a major role in the use of standards, and that, on the other hand, worldwide standards …
Persistent link: https://www.econbiz.de/10011373830
This paper provides an empirical description of the relationshipbetween the trading system operated by a stockexchange and the transaction costs faced by heterogeneous investors who use the exchange. Therecent introduction ofSETS in the London Stock Exchange provides an excellent opportunity...
Persistent link: https://www.econbiz.de/10011300557
How much does a nation spend on resources to 'grease the wheels of trade'? To examine this question the Dutch economy is used as an exemplary case as the Netherlands are known as a nation of traders. This image was derived in the seventeenth century from successes in long distance trade,...
Persistent link: https://www.econbiz.de/10011334366