Showing 1 - 10 of 388
An agent may be able to address a task at different times, with the state of nature more favorable to the task in some periods over others. Success on a task will therefore more greatly improve the agent's reputation following success on a task if he is constrained in choosing when to address...
Persistent link: https://www.econbiz.de/10010959972
Consider an organization that solicits private contributions, which will partly be used to provide a public good. The organization's goals is to maximize its profits, namely the difference between aggregate contributions and the amount it spends on providing the public good. An equilibrium...
Persistent link: https://www.econbiz.de/10010959975
An altruistic agent who may aid a person with a low income may induce that person to exert little effort to increase his income. Such behavior generates a Good Samaritan Dilemma, in which welfare is lower than when no one is altruistic. Governmental transfers, which restrict reallocation from a...
Persistent link: https://www.econbiz.de/10010959976
This paper addresses the puzzle of why redistributive legislation, which benefits a small minority, may pass with overwhelming majorities. It models a legislature in which the same agenda setter serves for two periods, showing how he can exploit a legislature (completely) in the first period by...
Persistent link: https://www.econbiz.de/10010959980
This paper presents a mechanism inducing costly research and innovation in the absence of intellectual property rights. The mechanism relies on forward contracting between the provider of the innovation and firms or individuals that benefit from the pecuniary effects of the innovation, rather...
Persistent link: https://www.econbiz.de/10010959985
Consider a monopolist which sells a durable good and also consumables that require use of the durable good. After the firm sells the durable good, it has an incentive to charge a price greater than marginal cost for the consumables. Realizing that they will have to pay a high price for...
Persistent link: https://www.econbiz.de/10010959988
The purpose of this paper is to compare price and capacity competition in simple serial and parallel transport networks, where individual links are operated by different authorities. We find more tax exporting in serial transport corridors than on parallel road networks. The inability to toll...
Persistent link: https://www.econbiz.de/10005432462
This important new book provides a valuable set of studies on spatial dynamics, emerging networks and modelling efforts. It employs interdisciplinary concepts alongside innovative trajectories to highlight recent advances in analysing and modelling the spatial economy, transport networks,...
Persistent link: https://www.econbiz.de/10011182757
This paper assesses the economic justification for the selection of priority projects defined under the auspices of the Trans-European transport network. Three different transport models are used to analyse the costs and benefits associated with the current list of 30 priority projects. Most of...
Persistent link: https://www.econbiz.de/10010989506
In this paper, the problem of a city with access to two firms or facilities (shopping malls, airports, commercial districts) selling a differentiated product (shopping, flights) and/or offering a differentiated workplace is studied. Transport connections to one facility are congested. A model is...
Persistent link: https://www.econbiz.de/10004982366