Existing literature ignores adaptation responses to external effects which, in turn, affect the design of appropriate internalization instruments. We use general equilibrium numerical simulation models based on OECD and UK data to analyze the significance of these responses to congestion...

This paper uses computational techniques to assess whether or not various propositions that have been advanced as plausible in the literature on regional trade agreements may actually hold. The idea is to make probabilistic statements as to whether propositions of interest might hold, rather...

This paper reports on research that uses computational techniques to assess whether or not various propositions that have been advanced as plausible in the literature on the theory of customs unions actually hold. This research blends theory and numerical simulation to get insights into the...