This study examines the impact of real estate brokers on the price of residential properties sold in 2005 in twelve French cities. The results indicate that brokers increase the prices of properties they sell even though they appear to have heterogeneous behaviours across cities. The impact of...

Motivated by policy events experienced during the last two decades by the European natural gas industry, this paper develops a simple model for analyzing the interaction between gas release and capacity investment programs as tools to improve the performance of imperfectly competitive markets....

The paper models a program of high‐activity nuclear‐waste management. The physics of cooling incites to store hot waste for a while to spare scarce disposal volume: indeed, colder parcels may be put in tighter conditions. The optimal unconstrained duration of storage is characterized....

Energy commodity prices have been rising at an unprecedented pace over the last five years. As oil supplies tighten and prices frequently break new highs, major oil companies have recently unveiled a flurry of multi-billion dollar deals for new projects whose target is not oil but natural gas....

Within a 2 Country-4 Region setting we study the impact of a reduction in international transport costs over the localisation of firms inside countries.We find that even when countries are symmetrical, but as long as regions within countries are not entirely identical (whatever the differences),...

In this paper, we expose the economic conditions of cities emergence in a spatial general equilibrium framework. The presence of increasing returns based on the division of labour, transport costs and the possible existence of an agricultural surplus are enough to generate different possible...

Face à la mondialisation et à l'élargissement de l'Union européenne, le groupe de travail présente les conséquences pour les entreprises françaises notamment pour la répartition des activités entre les régions, les évolutions possibles des économies régionales, l'emploi et propose...

Les services représentent près des deux tiers des richesses créées dans les territoires des pays développés. L'objectif du groupe de travail : " Économie des services et territoires " est de proposer une analyse de la localisation des activités de services, en France, et des liens entre...