We analyze two hitherto little studied but salient questions concerning the trinity of asymmetric information, entrepreneurial activity, and the scope of fiscal policy in an open regional economy. First, we use a two period model to analyze the contractual relationship between entrepreneurs and...

We analyze two hitherto little studied but salient questions concerning the trinity of asymmetric information, entrepreneurial activity, and the scope of fiscal policy in an open regional economy. First, we use a two period model to analyze the contractual relationship between entrepreneurs and...

The consequences of traffic accidents are not only limited to road travellers (congestion, delays), but may also affect the area surrounding the incident, for instance, in the case of incidents involving release of chemical substances. A lack of a real-time assessment of the mobility...