The distance puzzle has been wildly discussed in the literature since Leamer and Levinsohn (1995) shed the light on it. This puzzle simply says that "the world is not getting smaller": distance still matters to account for trade. This is reflected in a decreasing distance of trade (DOT), or in a...

We provide experimental evidence for the hypothesis that bounded rationality is an important element of the theory of the firm. We implement a simplified version of a mechanism designed to perfectly solve the holdup problem under conditions of perfect rationality (Maskin 2002). We test whether...

We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. The UK (until 2014) provided an ideal setting to explore the impact of housing transfer taxes on mobility decisions. This is partly because the stamp duty liability is quite substantial, at least for...

Knowledge generation is considered to be a collective process which requires mobilisation of number of knowledge agents. There is open debate in the literature about the role of spatial proximity for the knowledge interactions. Are proximity or distance interactions crucial for the knowledge...

This article deals with the Local Agri-Environmental Schemes (LAES), the French contractual policy instrument within the European Rural Development Regulation (2007-2013), designed to improve water quality within priority watersheds. The paper is structured in three parts. The first one focuses...