We investigate the bearings of the level of demand on firms’ optimal locations and prices in a linear model of spatial differentiation with quadratic disutility of transportation. We show that demand affects both optimal prices and optimal locations of firms, in that firms increase product...

This paper utilizes panel data from rural India on a daily rated labor market to examine how workers deal with the uncertainty which arises from the existence of involuntary unemployment. In particular, it measures the expected utility model with linear and nonlinear objective probabilities; the...

This paper applies optimal-control theory to develop groundwater exploitation strategies that account for potential climate change patterns in Brazil. Numerical experiments showed that whether climate change only affects groundwater quantity or whether it affects both groundwater quantity and...

In this paper, I applied statistical, econometric, and mathematical methodologies to evaluate the conditions required for implementing a publicly supported trans-boundary flood risk management plan in accordance with the EU Floods Directive (2007/60/EU). Although this paper adopts a focus on the...