Arguably the biggest obstacle to the realisation of India's urbanisation goals is the acute shortage of affordable housing. On an economy-wide scale, there is also growing evidence of inflated housing prices contributing to social and macro-economic problems.Since the quantity of land available...

We analyze the use of ℓ1-norm and Total Variation regularization within a model of road design to obtain sensible vertical alignments. With a dataset of twenty-three roads, we present a heuristic for choosing regularization parameters, and obtain cost bounds to establish a suitable choice for...

We study optimal investment with multiple assets in the presence of small proportional transaction costs. Rather than computing an asymptotically optimal no-trade region, we optimize over suitable trading frequencies. We derive explicit formulas for these and the associated welfare losses due to...