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In modern cities firms must observe local zoning regulations in regard to their locations. In this chapter we first review the literature on the economic effects of legal restrictions on firms' locations in a linear city. A common assumption in research on zoning is that firms maximize their own...
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The literature on the environment has analyzed how firms carry out R&D to reduce their pollutant emissions, assuming that they maximize profits. However, empirical evidence shows that firms are increasingly concerned about Environmental Corporate Social Responsibility (ECSR). Following that...
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