Introducing nonlinear pricing into the teaching of consumer choice theory would provide an extension that introduces the student to a ubiquitous phenomenon and would enable the instructor to develop some interesting behavioral results. After distinguishing linear and nonlinear pricing, the...

Introducing nonlinear pricing into the teaching of consumer choice theory would provide an extension that introduces the student to a ubiquitous phenomenon and would enable the instructor to develop some interesting behavioral results. After distinguishing linear and nonlinear pricing, the...

The standard approach to estimating the economic impact of a port overestimates the port's direct impacts on exports and imports. The overestimates result because all export and import activity in the impact area is assumed to fall to zero in the absence of the port. We argue that this...

This paper provides theoretical and empirical analyses of the effect of transportation subsidies on urban sprawl in a two-mode urban spatial model. Comparative static analysis shows, among other things, that the urban area contracts with a public transit subsidy but expands with an auto subsidy....