Due to dependency of energy demand on temperature, weather derivatives enable the effective hedging of temperature related fluctuations. However, temperature varies in space and time and therefore the contingent weather derivatives also vary. The spatial derivative price distribution involves a...

Traffic from major hurricane evacuations is known to cause severe gridlocks on evacuation routes. Better prediction of the expected amount of evacuation traffic is needed to improve the decision-making process for the required evacuation routes and possible deployment of special traffic...

The convergence of German regions represents a politically explosive question. Different studies examined convergence processes of Germany. We derive equations to estimate the convergence speed on basis of a Solow model, to which human capital is added. The geographically weighted regression...

The self-employment rate includes entrepreneurs out of opportunity and entrepreneurs out of necessity. While the effect of opportunity entrepreneurs on economic development should be positive, there should be no or a negative effect of necessity entrepreneurship. We use a geographically weighted...

A common way to determine values of travel time and schedule delay is by estimating departure time choice models using revealed preference (RP) data. The estimation of such models requires that (expected) travel times are known for both chosen as well as unchosen departure time alternatives. As...

Given that urbanization is considered as one of the most significant anthropogenic alterations of the environmental framework, the present study attempts to understand spatiotemporal characteristics of urban growth and its implications for the hydro-meteorological parameters in the Howrah...

Although sustainable development and desertification risk are hegemonic concepts in environmental economics, their intimate relationship was occasionally studied and made spatially explicit. The present study contributes to fill this knowledge gap by delineating a statistical procedure that...

Abstract The purpose of this article is to examine the extent to which an approach that takes into account the historical and spatial context of an election can contribute to a better understanding of electoral dynamics in general. It applies this approach to the analysis of the results of the...

Purpose – Accounting for locational effects in determining price is of fundamental importance. The demise of the mainstream property market has culminated in increasing appetite and investment activity within the private rental sector. The primary purpose of this paper aims to analyse the...