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Recent literature shows that learning in oligopoly games might in the long run result in the Cournot or in the Walras equilibrium. Which outcome is achieved seems to depend on the underlying learning dynamics. This paper analyzes the forces behind the learning mechanisms determining the long run...
Persistent link: https://www.econbiz.de/10010317627
Urban land use and transportation policies have dramatic effects on the density and spatial distribution of residences in large cities. Effects of these policies have been analyzed using numerical urban simulation models. At the same time, the U.S. Energy Information Administration's Residential...
Persistent link: https://www.econbiz.de/10013094199
In diesem Beitrag wird das optimale Angebot für einen Wohnungsmarkt bestimmt. Die Nachfrage wird dafür aus einem offenen Modell der monozentrischen Stadt hergeleitet. Weiterhin wird davon ausgegangen, dass Wohnungen aufgrund der verschiedenen Standorte und aufgrund weiterer diskreter...
Persistent link: https://www.econbiz.de/10005708080
Looking at data from HUD’s low income housing tax credit database from 1987 to 2001, we examine how the US tax credit program has concentrated poverty in neighborhoods by offering advantages to developing low income housing projects in low income census tracts. We then use a simple Cellular...
Persistent link: https://www.econbiz.de/10005119003
The Ellison and Glaeser (1997) index is an unbiased statistic of industrial localization. Though the expected value of the index is known, ad hoc thresholds are used to interpret the extent of localization. We improve the interpretation of the index by simulating confidence intervals that a...
Persistent link: https://www.econbiz.de/10010777022
Do labor mobility, and co-worker networks contribute to convergence or divergence between regions? Based on the previous literature, labor mobility contributes to knowledge transfer between firms. Therefore, mobility may contribute to decreasing productivity differences, while limited mobility...
Persistent link: https://www.econbiz.de/10012623746
Persistent link: https://www.econbiz.de/10009658044
Persistent link: https://www.econbiz.de/10011705828
Since decade 80`s, colonies of illegal settlements began rapidly increasing in many urban areas of cities in Indonesia. During the decade, urban population living in slum areas was recorded about 54% of total urban population particularly in mega cities of Indonesia. Nonetheless, that percentage...
Persistent link: https://www.econbiz.de/10011513920