Showing 1 - 10 of 33
We consider commuting in a congested urban area. While an efficient time-varying toll may eliminate queuing, a toll may not be politically feasible. We study the benefit of a substitute: a parking fee at the workplace. An optimal time-varying parking fee is charged at zero rate when there is...
Persistent link: https://www.econbiz.de/10011259396
decisions in a dynamic context. Uncertainty about income and interest rates are introduce in the second part of the paper. The …
Persistent link: https://www.econbiz.de/10009647429
In this paper, we provide general closed-form solutions to the incomplete-market random-coefficient dynamic …
Persistent link: https://www.econbiz.de/10008457184
This paper describes a flexible and tractable bottom-up dynamic correlation modelling framework with a consistent …
Persistent link: https://www.econbiz.de/10005668423
We model an assurance game played within a population with two types of individuals -- short-sighted and foresighted. Foresighted people have a lower discount rate than short sighted people. These phenotypes interact with each other. We define the persistent interaction of foresighted people...
Persistent link: https://www.econbiz.de/10005790237
The paper discusses various practical consequences of treating economics and finance as an inherently dynamic and …
Persistent link: https://www.econbiz.de/10009025277
basic thrust of this paper is to evaluate monetary policy - tradeoffs using a dynamic stochastic general equilibrium …
Persistent link: https://www.econbiz.de/10011108535
inefficiency. This paper argues that competition policy in both Japan and Korea was oriented towards creating dynamic efficiency …
Persistent link: https://www.econbiz.de/10011110161
This paper presents a model of urban traffic congestion that allows for hypercongestion. Hypercongestion has fundamental importance for the costs of congestion and the effect of policies such as road pricing, transit provision and traffic management, treated in the paper. In the simplest version...
Persistent link: https://www.econbiz.de/10011206879
The main objective of this paper is to analyze the competitiveness of the main maritime Port sited in Portugal - Port of Sines. This paper is developed under the Resource-based view approach. A literature review about the Resource-based view is presented with a special highlight on the...
Persistent link: https://www.econbiz.de/10011267852