Showing 1 - 10 of 12,021
customers' value of time and result in biased price estimates and incorrect pricing recommendations. The size and … comprehensiveness of our database allows us to estimate highly refined departure time of day preference curves that account for distance …, direction of travel, number of time zones traversed, departure day of week and itinerary type (outbound, inbound or one …
Persistent link: https://www.econbiz.de/10012455950
prices than to current prices and value travel time at $27.54/hour. EV adopters with home charging receive $829 per vehicle … in benefits from avoiding travel to gas stations, whereas refueling travel and waiting time costs increase by $9,169 for … drivers without home charging. Increasing the charging speed of the existing network yields 4.7 times greater time savings …
Persistent link: https://www.econbiz.de/10013172131
In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading … departments have introduced innovative contracting methods based on scoring auctions that give contractors explicit time …
Persistent link: https://www.econbiz.de/10012463793
The value of time determines relative prices of goods and services, investments, productivity, economic growth, and … measurements of income inequality. Economists in the 1960s began to focus on the value of non-work time, pioneering a deep … literature exploring the optimal allocation and value of time. By leveraging key features of these classic time allocation …
Persistent link: https://www.econbiz.de/10012482427
costs are revealed over time, a quasi-option value arises. We show that even if expected environmental costs are identical …
Persistent link: https://www.econbiz.de/10012457342
We develop a variation of the macroeconomic model with banking in Gertler and Kiyotaki (2011) that allows for liquidity mismatch and bank runs as in Diamond and Dybvig (1983). As in Gertler and Kiyotaki, because bank net worth fluctuates with aggregate production, the spread between the expected...
Persistent link: https://www.econbiz.de/10012459533
wrong direction, they do not reveal their dead-end findings. Time and resources are wasted on projects that other firms have …
Persistent link: https://www.econbiz.de/10012461055
We investigate how increases in publication delays have affected the life-cycle of publications of recent Ph.D. graduates in economics. We construct a panel dataset of 14,271 individuals who were awarded Ph.D.s between 1986 and 2000 in US and Canadian economics departments. For this population...
Persistent link: https://www.econbiz.de/10012461615
source of long-term advantage is modeled as a stock of capability that accumulates gradually over time, a firm's proclivity …
Persistent link: https://www.econbiz.de/10012462289
Barber and Odean (2000) study the relationship between trading frequency andreturns. They find that households who trade more frequently have a lower net return than other households. But all households have about the same gross return. They argue that these results cannot emerge from a model...
Persistent link: https://www.econbiz.de/10012462631