The unique regulatory environment of REITs casts doubt on the traditional theoretical process by which REIT managers base their convertible debt issuance decisions on issuer condition and prospects. Anecdotal evidence shows that REITs may have catered to demand by investors, including a demand...

This study examines the information diffusion process in the U.S. Real Estate Investment Trust (REIT) market with a focus on the impacts of changing market environments, information supply, and information demand on the lead-lag effect. The results suggest that a significant lead-lag...

This paper estimates the marginal accident externality of driving in Central London by exploiting variation in traffic flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9.4% reduction in traffic flow, which resulted in a less...

In this study, we estimate the cost of gun crime using a revealed preference framework by relying on an institutional change in Baltimore City, Maryland, that mandates public disclosure of the gun offender registry. We exploit the sharp localized change in perceived crime risk after gun...

A hybrid energy system, based on renewable energy sources and with hydrogen storage, can become an alternative for stand-alone electricity and heat supply. The objective of this work is to evaluate the feasibility of a completely renewable supply of power and heat for an isolated household, and...

MGR-GT is a conceptual design for a direct Brayton-cycle power plant based on a Modular Gas-Cooled Reactor core. The plant is intended for electricity production, although it can accommodate such other uses as desalination without sacrifice of electrical efficiency. The conceptual design is...