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for this puzzle. They explain that an improvement in transport technology can increase the transport costs, because it …
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5G networks are envisioned to provide consumers and industry with improved transmission performance and advanced communication possibilities. To deliver the promises on ushering fast downloads and low latency, the mobile network operators are called upon for formidable investment in network...
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This article deals with the Local Agri-Environmental Schemes (LAES), the French contractual policy instrument within the European Rural Development Regulation (2007-2013), designed to improve water quality within priority watersheds. The paper is structured in three parts. The first one focuses...
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We provide experimental evidence for the hypothesis that bounded rationality is an important element of the theory of the firm. We implement a simplified version of a mechanism designed to perfectly solve the holdup problem under conditions of perfect rationality (Maskin 2002). We test whether...
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We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. The UK (until 2014) provided an ideal setting to explore the impact of housing transfer taxes on mobility decisions. This is partly because the stamp duty liability is quite substantial, at least for...
Persistent link: https://www.econbiz.de/10011476354
investments to secure them, transaction costs will be high. In this case, such exchanges take place outside the market in other … knowledge transaction costs. Due to the discontinuity in the knowledge generation processes, the economic system is … characterized by high transaction and interaction costs associated with searching for economically useful knowledge in the region …
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