their classmates do worse. The theory presented below reconciles all of these facts by recognizing that classroom teaching … is a public good where congestion effects are potentially important. Because the optimal class size is larger for behaved … ranges away from equilibrium levels will adversely affect educational output. The theory argues for a particular non …

In countries, such as Singapore, that have implemented vehicle congestion policies, recent years have seen a shift …, we investigate the relative merits of ownership and use taxes. We compare full internalisation of congestion … congestion damage rises with more trips. Ownership taxes only partially internalise congestion externalities. However, in terms …

-migration, congestion of other local publicly provided goods may offset the direct benefits. Using the example of rural household … location choice model that incorporates missing land markets and allows for congestion in local land. Using this model, we … prediction from the model is that migration elasticities and congestion effects are especially large when land markets are …

We propose a theory of task trade between countries that have similar relative factor endowments but may differ in size …