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Persistent link: https://www.econbiz.de/10001496496
prices. Using a panel of bilateral commuting flows, I estimate a quantitative spatial general equilibrium model to quantify … the welfare benefits of urban rail transit and distinguish the benefits of reduced commuting frictions from other channels …. The subway causes a 7%-13% increase in commuting between pairs of connected tracts; I select plausible control pairs using …
Persistent link: https://www.econbiz.de/10011891840
Persistent link: https://www.econbiz.de/10001607507
We use laboratory experiments with human subjects to test the relevance of different inflation targeting regimes. In particular and within the standard New Keynesian model, we evaluate to what extent communication of the inflation target is relevant to the success of inflation targeting. We find...
Persistent link: https://www.econbiz.de/10013073788
In this paper, I present an empirical model of learning under ambiguity in the context of clinical trials. Patients are concern with learning the treatment effect of the experimental drug, but face the ambiguity of random group assignment. A two dimensional Bayesian model of learning is proposed...
Persistent link: https://www.econbiz.de/10014048207
The Decision to Patent with Vertical Product Differentiation -- An Empirical Investigation of the Decision to Patent … with Vertical Product Differentiation -- The Decision to Patent with Horizontal Product Differentiation -- An Empirical … Investigation of the Decision to Patent with Horizontal Product Differentiation -- Summary and Discussion …
Persistent link: https://www.econbiz.de/10013522842
Persistent link: https://www.econbiz.de/10008797910
income and age) relate to the value of savings in travel time and schedule delay. Using data from a stated choice experiment …
Persistent link: https://www.econbiz.de/10013035549
Using a panel of household travel diary data collected in Germany between 1997 and 2005, this study assesses the effectiveness of fuel efficiency improvements by econometrically estimating the rebound effect, describing the extent to which higher efficiency causes additional travel.Following a...
Persistent link: https://www.econbiz.de/10003426267
's decision-making process. Using the Taxi Management System implemented by Singapore Changi Airport on December 25, 2009 as a …
Persistent link: https://www.econbiz.de/10014243506