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Auctions with flexible entry fees
Janssen, Maarten C. W.; Karamychev, Vladimir A.; … - 2009
efficient allocation of the objects for sale, especially when the bidders impose strong negative externalities upon each other …
Persistent link: https://www.econbiz.de/10011379467
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Competing recombinant technologies for environmental innovation
Zeppini, Paolo; Bergh, Jeroen C. J. M. van den - 2010
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
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The implementation of marginal external cost pricing in road transport
Verhoef, Erik T. - 1998
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
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General geographical economics model with congestion
Marrewijk, Charles van - 2005
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
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The adoption of energy efficiency enhancing technologies
Verhoef, Erik T.; Nijkamp, Peter - 1997
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
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Capacity choice of dams under rivalry use and externalities
Houba, Harold; Kim Hang Pham Do; Zhu, Xueqin - 2014
-linear building cost of dam capacity and externalities in a welfare optimization model. We obtain the optimal dam capacity for multi …This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities …
Persistent link: https://www.econbiz.de/10010421750
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Degree centrality, von Neumann-Morgenstern expected utility and externalities in networks
Brink, René van den; Rusinowska, Agnieszka - 2023
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
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Biases in willingness-to-pay measures from multinomial logit estimates due to unobserved heterogeneity
Berg, Vincent A. C. van den; Kroes, Eric; Verhoef, Erik T. - 2010
It is a common finding in empirical discrete choice studies that the estimated mean relative values of the coefficients (i.e. WTP's) from multinomial logit (MNL) estimations differ from those calculated using mixed logit estimations, where the mixed logit has the better statistical fit. However,...
Persistent link: https://www.econbiz.de/10011379636
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Cyclical consumption
Berger, Tino; Pozzi, Lorenzo - 2023
Recessions and expansions are often caused or reinforced by developments in private consumption - the largest component of aggregate demand - which, as a result, varies over the business cycle. As such, an accurate measurement of the cyclical component of consumption and an understanding of its...
Persistent link: https://www.econbiz.de/10014380708
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Advance information and consumption insurance : evidence from panel data
Pedroni, Marcelo; Singh, Swapnil; Stoltenberg, Christian - 2022 - Preliminary, April 15, 2022
incomplete markets model and find that advance information reduces households' income forecast errors by 15%. Our estimation …
Persistent link: https://www.econbiz.de/10013186823