The Armenian economy has been growing strongly in recent years. The country has successfully implemented a comprehensive stabilisation and a structural reform program in energy sector. Although now Armenia almost completely depends on imported energy. The most domestically produced primary...

In recent decades, many countries have experienced suburbanization processes in metropolitan areas that have lead to an increase in urban sprawl by creating a growing polarity between newly formed satellite communities and the central urban area. More than before, work and residence location...

The popularity and growth of Internet usage and Internet enabled devices have changed the people life style and ways of communications. Mobile Internet usage increases year by year and have created prosperous Internet access market by myriad Internet service providers (ISPs). Mobile Internet...

Through the progress of communication technology, the mobile services have broughtlots of benefits for our daily lives. However, with the recent advances in cellular communications and new systems being deployed alongside existing ones, an emerging question aboutwhether there still is...

This paper analyzes how the dynamics of house prices are affected by the option to rebuild or enlarge existing dwellings. The curvature of option value and zoning limits provide identification of changes in option value over the cycle. For West Berlin homes with high development potential, our...