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Does the housing market reflect cultural heritage? We estimate several specifications of a hedonic price equation to establish whether distance to cultural heritage site is capitalised into housing prices in Greater Dublin, Ireland. The results show that distance to the nearest historic building...
Persistent link: https://www.econbiz.de/10009018861
This paper uses a vote-counting procedure to estimate the probability density function of the total economic impact as a parabolic function of global warming. There is a wide range of uncertainty about the impact of climate change up to 3ºC, and the information becomes progressively more...
Persistent link: https://www.econbiz.de/10009018862
I propose a new method (Pareto weights) to objectively attribute citations to co-authors. Previous methods either profess ignorance about the seniority of co-authors (egalitarian weights) or are based in an ad hoc way on the order of authors (rank weights). Pareto weights are based on the...
Persistent link: https://www.econbiz.de/10009018863
The market for corporate control plays an important role in ensuring that assets are deployed in an efficient and effective manner. However, on occasion, mergers might lead to a reduction in competition and a consequent rise in prices and/or other anticompetitive effects. The Competition Act...
Persistent link: https://www.econbiz.de/10009018864
We hypothesise and confirm a previously unnoticed pattern within pre-existing data on the endowment effect, collected via seven experiments employing the original design. Subjects with low valuations in binary choice relative to other subjects set a proportionally higher willingness to accept....
Persistent link: https://www.econbiz.de/10009018865
Our research tests the difference in investment efficiency between state-owned enterprises (SOEs) and private firms and then evaluates the effect of privatisation and equitisation policies on the investment efficiency of former state owned enterprises (SOEs). We use a novel dataset from Viet Nam...
Persistent link: https://www.econbiz.de/10011272721