This article focuses on the relevance of long-term equilibrium relations for financial decision making. Special attention is devoted to optimal asset allocation in the presence of possibly cointegrated time-series, e.g., asset prices. Using a stylized asset allocation problem, the link is...

Multifunctional land use has recently received increasing attention, both as a planning concept and as a tool for integrated modelling. When a multifunctional spatial planning design is used, socio-economic synergy benefits may be obtained, if several (complementaty or mutually strengthening)...

In this paper, we aim to reveal the monetary value of open space by using a hedonic pricing model of residential property values. The analysis is supported by the use of Geographic Information Systems (GIS). We present three local Dutch housing market case studies in the Randstad region. In all...

The main purpose of this paper is to provide a framework for existing- and newly proposed inter-modal freight terminals in their business planning process. This framework is important for constructing- and improving the central terminal service portfolio of handling (loading, discharging, and...

In this paper we present and estimate a synthesis of previous equilibrium search models: allowing for continuous distributions of workers opportunity costs of employment, as well as firms’ productivities. The model allows for on-the-job search, and we assume that job offer arrival rates for...