This thesis identifies the conditions under which and quantifies how much society gains from integrating demand response directly into wholesale electricity markets and the level of participation that will bring about these improvements. Furthermore, it identifies the conditions under which the...

Introduces applications of microeconomic theory to planning problems including urban form and structure, environmental controls, zoning and property rights, and income inequality and poverty. From the course home page: Course Description Planning Economics (11.202) is a course that runs for the...

Planning Economics (11.202) is a course that runs for the last one-third of a semester and covers economics topics of particular interest to city planning students: location theory, the interplay between externalities and zoning, international trade and globalization, and housing finance. Few...

[This item is a preserved copy. To view the original, visit http://econtheory.org/] We consider a (pure) public goods provision problem with voluntary participation in a quasi-linear economy. We propose a new hybrid solution concept, the free-riding-proof core (FRP-Core), which endogenously...

This paper establishes within an intertemporal framework that firm activity is influenced by tax evasion if firms can invest in their long-term competitiveness. Higher investment raises the firm's survival probability, which in turn reduces tax-evasion payoffs, since evaded taxes may also be...

The paper investigates the role of the minimum wage in a competitive economy in which there is underreporting of earnings by employed labour. The minimum wage induces higher compliance by some low- productivity workers and transforms a nominally neutral fiscal system into a regressive one. A...

In pursuit of its transition from a command to a market economy, post-Soviet Russia has witnessed enormous regional differences in economic growth rates. Moreover, the economic reforms implemented under this transition, while initiated at the federal level, have also differed markedly across...

The first paper of this dissertation utilizes unique data on teachers' union election certifications in Iowa, Indiana, and Minnesota to analyze the effect of teachers' unions on education production. I find teachers' unions have no impact on teacher pay, class sizes, or per-student expenditures,...

During the ongoing post-communist economic transitions, the relative well-being of many people is changing rapidly, and governments are not well positioned to accurately measure individual living standards. Under such circumstances, continued price controls over basic consumer goods within the...

Straipsnyje nagrinėjama šešėlinės ekonomikos samprata, atskleidžiama šio termino koncepcijų įvairovės problema, identifikuojama šešėlinės ekonomikos vieta nacionalinės ekonomikos kontekste, pateikiama šešėlinės ekonomikos veiksnių ir priežasčių metodinio potencialo...