Public authority interventions are a justified means to remedy market failures. We apply this idea in the context of urban development projects by analysing the three main market imperfections, namely external effects, imperfect competition and incomplete information. For (combinations of) the...

With the introduction of the JESSICA (Joint European Support for Sustainable Investments in City Areas) Initiative, the European Commission aimed at strongly enhancing investments in urban areas to meet the steadily increasing requirements, arising from urbanisation, for European cities. One...

Comparing cities by the use of indicators representing numerous aspects of urban life is crucial to policy decisions, such as the funding allocation for urban development. Principal Component Analysis reveals a small number of indicators – from an initial set of 46 – which have a high impact...