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Application of Perpetual Rent Model to Valorisation of Agricultural Land

Czyzewski, Bazyli - 2017

The concept of creating public goods by land factor is often considered in literature, but its theoretical foundations are quite debatable. The theories of land rent in mainstream economics stand at the position that land factor alone does not create any utility, which means that it does not...

Persistent link: https://www.econbiz.de/10012965724

Is the Rent Too High? Land Ownership and Monopoly Power

Watson, C. Luke; Ziv, Oren - 2021

We investigate the sources, scope, and implications of landowner market power. We show how zoning regulations generate spillovers through increased markups and derive conditions under which restricting landownership concentration reduces rents. Using newbuilding-level data from New York City, we...

Persistent link: https://www.econbiz.de/10013249651

Is the rent too high? : land ownership and monopoly power

Watson, C. Luke; Ziv, Oren - 2021

Persistent link: https://www.econbiz.de/10012421225

The Impact of Climate Change on Agriculture : Nonlinear Effects and Aggregation Bias in Ricardian Models of Farm Land Values

Fezzi, Carlo - 2013

Ricardian (hedonic) analyses of the impact of climate change on farmland values typically assume additively separable effects of temperature and precipitation. Model estimation is implemented on data aggregated across counties or large regions. We investigate the potential bias induced by such...

Persistent link: https://www.econbiz.de/10013072687

Rent Extraction and Uncertainty

Renou, Ludovic - 2015

This note revisits the problem of rent extraction in situations where agents are uncertain about the private information of others, represented by multiple probabilistic assessments. A generalization of convex independence (Crémer and McLean, 1985 and 1988) is necessary and sufficient for full...

Persistent link: https://www.econbiz.de/10013030585

Regulatory risk under optimal incentive regulation

Strausz, Roland - 2009

The paper provides a tractable, analytical framework to study regulatory risk under optimal incentive regulation …. Regulatory risk is captured by uncertainty about the policy variables in the regulator's objective function: weights attached to … profits and costs of public funds. Results are as follows: 1) The regulator's reaction to regulatory risk depends on the …

Persistent link: https://www.econbiz.de/10003796198

Regulatory risk under optimal incentive regulation

Strausz, Roland - 2009

The paper provides a tractable, analytical framework to study regulatory risk. Regulatory risk is captured by … funds. Results are as follows: 1) The regulator's reaction to regulatory risk depends on the curvature of aggregate demand …. 2) It yields a positive information rent effect exactly when demand is convex. 3) Firms benefit from regulatory risk …

Persistent link: https://www.econbiz.de/10003850166

Q : Risk, Rents, or Growth?

Corhay, Alexandre - 2020

question about Q by estimating an endogenous growth model featuring realistic risk premia and markups. Our baseline estimates …

Persistent link: https://www.econbiz.de/10012840422

Insurance market efficiency and crop choices in Pakistan

Kurosaki, Takashi; Fafchamps, Marcel - 2000

Persistent link: https://www.econbiz.de/10001503845

Use of maximum entropy in estimating production risks in crop farms

Kevorchian, Cristian; Gavrilescu, Camelia - In: Agrarian economy and rural development : realities and …, (pp. 142-147). 2015

The entropic value of the production risk is closely linked to the farmer's aversion to this type of risk. Since risk … covering the production risk through adequate financial resources. The classification of the Selyaninov index value as measure … of the production risk based on the MaxEnt model utilization makes it possible to evaluate the production risk and the …

Persistent link: https://www.econbiz.de/10011456108