Narrow search
Showing 1 - 10 of 2,049
Cover Image
The external cruising costs of parking
Inci, Eren; Ommeren, Jos van; Kobus, Martijn B. W. - 2015
Existing work emphasizes the importance of traffic congestion externalities, but typically ignores cruising-for-parking externalities. We introduce a novel methodology to estimate the marginal external cruising costs of parking. The level of cruising is identified by examining to what extent the...
Persistent link: https://www.econbiz.de/10011350729
Cover Image
Excessive Competition for Headline Prices
Inderst, Roman - 2016
When firms' shrouding of charges, as in Gabaix and Laibson (2006), meets with consumers' salient thinking, as in Bordalo et al. (2013), this can have severe welfare implications. The ensuing excessive competition for headline prices tends to inefficiently bias consumers' choice towards...
Persistent link: https://www.econbiz.de/10012992314
Cover Image
Fee Effects
Judge, Kathryn - 2013
Intermediaries are a pervasive feature of modern economies. This article draws attention to an under-theorized cost arising from the use of specialized intermediaries — a systematic shift in the mix of transactions consummated. The interests of intermediaries are imperfectly aligned with the...
Persistent link: https://www.econbiz.de/10013081410
Cover Image
Timing is everything : optimal EV charging to maximize welfare
Castro, Miguel - 2020
The new surge in electric vehicle (EV) charging in Texas can be served efficiently during the early morning hours with large wind generation, low electricity demand, low prices, and low environmental damage. This paper simulates the ERCOT wholesale electricity market and its environmental...
Persistent link: https://www.econbiz.de/10012153151
Cover Image
A critical comparison of migration policies : entry fee versus quota
Stark, Oded; Byra, Lukasz; Casarico, Alessandra; … - 2017
individuals of one skill type, say "scientists," confer a positive externality on overall productivity whereas individuals of the … other skill type, say "managers," do not confer such an externality. We find that a uniform entry fee encourages self … the productivity externality generated by the scientists is weak, or (b) only averagely skilled scientists if the …
Persistent link: https://www.econbiz.de/10011770608
Cover Image
A critical comparison of migration policies : entry fee versus quota
Stark, Oded; Byra, Lukasz; Casarico, Alessandra; … - 2017
individuals of one skill type, say "scientists," confer a positive externality on overall productivity whereas individuals of the … other skill type, say "managers," do not confer such an externality. We find that a uniform entry fee encourages self … the productivity externality generated by the scientists is weak, or (b) only averagely skilled scientists if the …
Persistent link: https://www.econbiz.de/10011665686
Cover Image
Optimal pricing of flights and passengers at congested airports : the efficiency of atomistic charges
Silva, Hugo E.; Verhoef, Erik T. - 2011
Persistent link: https://www.econbiz.de/10009720698
Cover Image
Airlines' strategic interactions and airport pricing in a dynamic bottleneck model of congestion
Silva, Hugo E.; Verhoef, Erik T.; Berg, Vincent A. C. … - 2012
Persistent link: https://www.econbiz.de/10009722626
Cover Image
Optimal Pricing of Flights and Passengers at Congested Airports : The Efficiency of Atomistic Charges
Silva, Hugo E - 2013
This paper investigates optimal airport pricing when airlines provide imperfect substitutes products, and make decisions on capacity, scheduling and pricing. We show that the first-best toll per flight may be higher than the simple market-shares formula that were recently derived for Cournot...
Persistent link: https://www.econbiz.de/10013091922
Cover Image
Optimal design of private litigation
Kaplow, Louis - 2017
This article translates and extends Becker (1968) from public law enforcement to private litigation by examining optimal legal system design in a model with private suits, signals of case strength, court error, and two types of primary behavior: harmful acts that may be deterred and benign acts...
Persistent link: https://www.econbiz.de/10011772058