Supply and demand largely determine the price of goods on human markets. It has been proposed that in animals, similar forces influence the payoff distribution between trading partners in Sexual selection, intraspecific cooperation and interspecific mutualism. Here we present the first...

New networking technologies such as wireless mobile grids and peer-to-peer middleware are examples of a growing class of open distributed systems whose strength is the absence of a central controlling instance and which function through the cooperation of autonomous entities that voluntarily...

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...

[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...

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...

1 Correlations between phenotypic traits are important in a number of contexts in physiological ecology, evolutionary physiology, and behaviour. Correlations can reflect functional connections or trade-offs among performance traits (e.g. bite force, jumping distance) and can reveal causal...