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This paper makes a second reply to David R. Henderson, and concludes the exchange regarding the economics of smoke-free ordinances for restaurants.
Persistent link: https://www.econbiz.de/10008484394
Persistent link: https://www.econbiz.de/10008486598
rise in tourism associated externalities with vehicle crashes being the most common cause of injury for tourists. Within …
Persistent link: https://www.econbiz.de/10008555418
Global public goods achieved prominence with the United Nations Development Programme’s publication in 1999. Global public goods are public goods with benefits or costs (crime, terrorism and disease) that extend across countries and regions, across rich and poor population groups, an even...
Persistent link: https://www.econbiz.de/10008555891
We analyze situations in which a group of agents (and possibly a designer) have to reach a decision that will affect all the agents. Examples of such scenarios are the location of a nuclear reactor or the siting of a major sport event. To address the problem of reaching a decision, we propose a...
Persistent link: https://www.econbiz.de/10005572266
In this paper the individual optimal level of education is set in a frictional labor market, where matching is not perfect. Also search frictions are a function of the average education can improve economic efficiency, not only through improvements in workers productivity, but also making the...
Persistent link: https://www.econbiz.de/10005572445
We estimate the strength of schooling externalities for Spanish regions over the 1981-2001 period. Our empirical work … employs both main approaches available in the literature. Both methodologies yield significant externalities. Using a growth … accounting exercise, we find that human capital externalities account for one half of the increase in real wages for the period …
Persistent link: https://www.econbiz.de/10008556920
The siting of public facilities such as prisons or waste disposal facilities typically faces rejection by local populations (the "NIMBY" syndrome, for Not In My BackYard). These public goods exhibit a private bad aspect creating an asymmetry: all involved communities benefit from their...
Persistent link: https://www.econbiz.de/10008642754
Many empirical studies have found both inter-industry and intra-industry externalities in the form of local knowledge …
Persistent link: https://www.econbiz.de/10005113598
class of coalition formation games with externalities where agents' preferences depend solely on the coalition structures …
Persistent link: https://www.econbiz.de/10005114049