Kolstad's (1994) model of intertemporal, competitive supply to a linear market from two distinct exhaustible resource deposits admits two different interior solutions - one with the low cost deposit "earning" the higher resource rent and the other with the low cost deposit "earning" the lower...

We present an aggregate four good model (consumption, in- vestment and two government goods) in which the current .ows of one government good are in part pure public intermediate goods. The other public goods has "final" services for households. We are interested in a benefit approach to...

We set out a city as a price-taking exporter and importer with its own local structure (housing (land per household) and a local pure public good are produced endogenously). We impove labor efficiency in the export sector, observe a jump in the local wage, and trace the impact, particularly on...

We find that a discount rate of 3.8% allows us to derive the schedule of "value of life years" in Murphy and Topel [2006] from their schedule of "value of remaining years of life", this latter presumably being based on a "value of statistical life" of $6.3 million. We draw on the Makeham...

We draw on Ricardian comparative advantage between distinct persons to map out the division of labor among proto-humans in a village some 1.7 million years ago. A person specialized in maintaining a cooking fire in the village is of particular interest (Ofek [2001]). We are also interested in...

We set out an open, monocentric city with residential structures and reflect on how changes to an amenity index affects the city. On the production side, the shock is represented by a productivity improvement and a local wage increase and on the consumption side the shock is represented by an...

We set out and solve a static neoclassical model with a labor/leisure choice for agents and a government sector producing a Samuelsonian public good. Numerical solutions vary considerably with the elasticity of substitution for commodities in an agent's utility function. We focus on solutions...

We back out an estimate of a personal discount rate of between 3 and 4 percent for a person with a life expectancy of 74 years who dies at age 30 (or 40) and has a value of statistical life of $6.3 million. Central to these calculations is the series generated by Murphy and Topel of value of...