The notion of face-to-face contacts has recently become very popular in regional economics and in economic geography. This is the most obvious way to explain why firms still locate in proximity to others after the "death of distance", i.e., the shrinking costs for transportation, especially...

Becker and Murphy (1988) constructed, in a well-known paper, a model of rational addiction in which people solve a dynamic optimization problem, choose an optimal timepath of drug consumption and thereby maximize lifetime utility. The model leads to the hypothesis that future consumption is a...

We study the location of various film-related services (such as camera rental, casting agencies or pyrotechnic services), the main determinant of interest being the human capital specificity. We show that firms which supply services with a lower firm specificity locate farther away from one...

Es ist Ihnen gelungen, Zierkürbisse zu züchten, die im Dunkeln leuchten, das ist ein Verkaufshit zu Halloween. mit 1.000 Kürbissen erzielen Sie einen Gewinn von sage und schreibe 25 Euro pro Stück. Frage: Sollten Sie, wenn Sie Ihren Gewinn erhöhen wollen, noch mehr Kürbisse anbauen? Die...