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We introduce social interactions into the Schelling model of residential choice. These social interactions take the form of a Prisoner's Dilemma game played with neighbors. First, we study the Schelling model over a wide range of utility functions and then proceed to study a spatial Prisoner's...
Persistent link: https://www.econbiz.de/10005519052
Skyscrapers in Manhattan need to be anchored to bedrock to prevent (possibly uneven) settling. This can potentially increase construction costs if the bedrock lies deep below the surface. The conventional wisdom holds that Manhattan developed two business centers--downtown and midtown--because...
Persistent link: https://www.econbiz.de/10008479708
New York City historiography holds that Manhattan developed two business centers—downtown and midtown—because the bedrock is close to the surface at these locations, with a bedrock “valley” in between. This article is the first effort to measure the effect of depth to bedrock on...
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This paper studies the distribution of teacher quality measures across the New York City school system. Both school-based and neighborhood-based effects are measured; and both types of variables significantly affect the distribution of teacher quality. Schools that are more likely to be in need of...
Persistent link: https://www.econbiz.de/10005519047
This paper investigates the determinants of skyscraper building cycles in Manhattan from 1895 to 2004. We first provide a simple model of the market for tall buildings. Then we empirically estimate the determinants of the time series of the number of skyscraper completions and their average...
Persistent link: https://www.econbiz.de/10005519050
The purpose of this chapter is two-fold: (1) to make the case that a standard backward propagation artificial neural network (ANN) can be used as a general model of the information processing activities of the firm, and (2) to present a synthesis of Barr and Saraceno (BS) (2002, 2004, 2005), who...
Persistent link: https://www.econbiz.de/10005519051
This paper investigates the relationship between environmental complexity and firm organization. We ask: Given the complexity of the environment, which organizational structure and level of decision making authority optimizes performance of a firm? We assume the information processing...
Persistent link: https://www.econbiz.de/10005519054