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Naïve Learning in Social Networks with Random Communication
Heidergott, Bernd; Huang, Jiaping; Lindner, Ines - 2018
We study social learning in a social network setting where agents receive independent noisy signals about the truth. Agents naïvely update beliefs by repeatedly taking weighted averages of neighbors' opinions. The weights are fixed in the sense of representing average frequency and intensity of...
Persistent link: https://www.econbiz.de/10011819533
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The Impact of Rail Transport on Real Estate Prices: An Empirical Analysis of the Dutch Housing Market
Debrezion, Ghebreegziabiher; Pels, Eric; Rietveld, Piet - 2006
A hedonic pricing model is estimated to analyse the impact of railways on house prices in terms of distance to railway station, frequency of railway services and distance to the railway line. Correcting for a wide range of other determinants of house prices we find that dwellings very close to a...
Persistent link: https://www.econbiz.de/10010325551
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Firm Formation and Agglomeration under Monopolistic Competition
Brunow, Stephan; Nijkamp, Peter - 2013
In the presence of agglomeration economies one might expect a relocation and concentration of industries. Then firm start-up activities may be assumed to reveal those effects. We introduce an empirical testable model inspired by the New Economic Geography and human capital externalities...
Persistent link: https://www.econbiz.de/10010326390
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Place-based Policies, Firm Productivity and Displacement Effects: Evidence from Shenzhen, China
Koster, Hans; Cheng, Fang Fang; Gerritse, Michiel; van … - 2016
We analyse the economic impacts of place-based policies that aim to enhance economic development by stimulating growth and productivity of firms in designated areas. We use unique panel data from China with information on manufacturing firms’ production factors, productivity and location, and...
Persistent link: https://www.econbiz.de/10011451533
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Do highway widening reduce congestion?
Ossokina, Ioulia; van Ommeren, Jos; van Mourik, Henk - 2022
Highway construction occurs nowadays mainly through widening of ex- isting roads rather than building new roads. This paper documents that highway widenings considerably reduce congestion in the short run, defined here as 6 years. Using longitudinal microdata from highway detector loops in the...
Persistent link: https://www.econbiz.de/10013356466
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A duration analysis of housing construction times: Evidence on the role of option values, public involvement and stalled sites
Brugman, Lars; Rouwendal, Jan - 2024
This paperinvestigates the duration of housing construction projects in the Netherlands. We utilize comprehensive data from the Dutch Land Registry for the period 2013-2022 to investigate the importance of municipal land ownership, building plot price changes, construction costs, development...
Persistent link: https://www.econbiz.de/10014469795
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The Impact of Rail Transport on Real Estate Prices : An Empirical Analysis of the Dutch Housing Market
Debrezion, Ghebreegziabiher - 2006
A hedonic pricing model is estimated to analyse the impact of railways on house prices in terms of distance to railway station, frequency of railway services and distance to the railway line. Correcting for a wide range of other determinants of house prices we find that dwellings very close to a...
Persistent link: https://www.econbiz.de/10012733876
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The Death of Distance Revisited: Cyberplace, Physical and Relational Proximities
Tranos, Emmanouil; Nijkamp, Peter - 2012
paper builds upon recent studies in economic geography and relational proximities, and aims to study whether physical … distance survives in virtual geography even after controlling for relational proximities. In order to do so, a unique and … proximities, have a significant impact on the intensity of the Internet infrastructure, highlighting the spatiality of the …
Persistent link: https://www.econbiz.de/10010326172
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On Hierarchies and Communication
van den Brink, René - 2006
Many economic organizations have some relational structure, meaning that economic agents do not only differ with respect to certain individual characteristics such as wealth and preferences, but also belong to some relational structure in which they usually take different positions. Two examples...
Persistent link: https://www.econbiz.de/10010325156
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Exploitation and Cooperation in Networks
Galeotti, Andrea; Meléndez, Miguel - 2004
A fundamental question in social sciences is how trust emerges. We provide an answer which relies on the formation of social and economic relationships. We argue that behind trust lies the fact that individuals invest in connections taking into account the potential externalities networks...
Persistent link: https://www.econbiz.de/10010325280