We exploit administrative data on exact commuting distances for a large sample of German employees and study the relation of commuting and wages. We find that it requires 1.5 times as much money in terms of higher wages for job changers to accept an increase of their commute as compared to their...

Understanding that the environment is more than the resource base of human economic activities was a watershed in the awareness of the real value of the environment and the need for an assessment of its quality. The complex of benefits from ecosystems that people obtain in the literature became...

Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...

To reduce the load on cellular networks, offloading to Wi-Fi has long been discussed as a technological solution. Despite advances in scheduling algorithms and incentive schemes, most mobile operators do not actively promote Wi-Fi offloading and most Wi-Fi usage is limited to stationary in-home...

This paper employs firm-level panel data of 57 incumbent and entrant firms for 23 European countries in the decade from 2003 to 2012. We examine the impact of service- and facility-based competition on firm level investment as well as the strategic effects underlying infrastructure investment...