Most nations have responded to the COVID-19 pandemic by locking down parts of their economies to reduce infectious spread. The optimal timing of the beginning and end of the lockdown, together with its intensity, is determined by the tradeoff between economic losses and improved health outcomes....

We study a model in which agents with single-peaked preferences can participate in a costly voting procedure to determine the value of a one-dimensional variable. We show that, for all positive participation cost and all profiles of individual preferences, there exists a (generically) unique...

This paper analyses how people's attitudes towards onshore wind power and overhead transmission lines affect the costoptimal development of electricity generation mixes, under a high renewable energy policy. For that purpose, we use a power systems generation and transmission expansion planning...

In many countries, labor courts play a central role in the determination of firing costs by monitoring and supervising the procedures for dismissals, and, eventually, deciding severance payments mandated by the employment protection legislation (EPL). To get some insights about the impact of...

Purpose: to reduce operating costs when performing agricultural mechanized work. Design/methodology/approach: The development of the desired economic and mathematical model of the optimal MTA distribution by type of work is based on the above condition it is necessary to plan the work of not...

This work analyzed the potential impact on the soybean outflow Logistics from Brazilian Midwest to China caused by the Panama Canal expansion, completed in 2016. Scenarios were built out to analyze the use of this route in compare to the traditional route, which skirts the Cape of Good Hope. A...

In 2010, the Basel Committee on Banking Supervision published an assessment of the long-term economic impact (LEI) of stronger capital and liquidity requirements. This paper considers this assessment in light of estimates from later studies of the macroeconomic benefits and costs of higher...

Operating costs in the Norwegian banking sector have been reduced considerably in recent decades, both as a share of income and assets. This has increased banks' resilience to increased losses and reduced the risk of crises. In this article, I analyse how costs have been reduced and the main...

Operating costs in the Norwegian banking sector have been reduced considerably in recent decades, both as a share of income and assets. This has increased banks' resilience to increased losses and reduced the risk of crises. In this article, I analyse how costs have been reduced and the main...

There are a myriad of economic and non-economic forces behind the decision to migrate. Migrants can be "pushed" out of their home countries due to deteriorating economic conditions or political unrest. Conversely, migrants are often “pulled” into destinations that offer high wages, good...

5G networks are envisioned to provide consumers and industry with improved transmission performance and advanced communication possibilities. To deliver the promises on ushering fast downloads and low latency, the mobile network operators are called upon for formidable investment in network...

This study assesses possible costs and benefits resulting from Brazil's accession into the World Trade Organization's (WTO) Government Procurement Agreement (GPA). Initially, this evaluation is based on a bibliographical survey that analyses the effects of the non-discriminatory public...

Angesichts des Klimawandels werden Maßnahmen zur CO2-Reduktion dringend benötigt und viel diskutiert. Der Verkehrssektor spielt dabei mit einem Anteil von etwa 20 % an den Gesamt-CO2-Emissionen in Deutschland eine zentrale Rolle. Neben Pkw sind vor allem schwere Lkw im Güterfernverkehr durch...

In this open access book the cost and revenue overruns of Olympic Games from Sydney 2000 to PyeongChang 2018 from eight years before the Games to Games‐time are investigated to provide a base for future host cities. The authors evaluated the development of expenditure and revenues of the...

This study assesses possible costs and benefits resulting from Brazil's accession into the World Trade Organization's (WTO) Government Procurement Agreement (GPA). Initially, this evaluation is based on a bibliographical survey that analyses the effects of the non-discriminatory public...

Against the backdrop of a high stock of non-performing loans (NPLs) in several European countries, this paper investigates the role of NPLs for lending rates charged for newly granted loans in the euro area. More precisely, it looks for an effect that extends beyond losses caused by that stock...

This paper proposes that transboundary water governance needs to become an essential input to sustainable governance of protected natural reserves. The paper reviews the challenges and opportunities for such governance mechanisms, and identifies the factors behind successful practices....

How does uncertainty affect the costs of raising finance in the bond market and via bank loans? Empirically, this paper finds that heightened uncertainty is accompanied by an increase in corporate bond yields and a decrease in bank lending rates. This finding can be explained with a model that...

The practice of trade cost measurement faces several challenges related to data quality, methodology and theory; but the major issue is that of data scarcity. Due to these facts both domestic and asymmetric trade costs have been ignored despite being a feature of modern trade models. This paper...

An assumption in agency costs theory is that agency costs can exert a negative impact on firm performance. In this study, we examine the impact of agency costs on firm performance of Vietnamese listed companies. Our sample includes 736 companies in Vietnam during the period om 2010 to 2015. We...

Purpose: The purpose of this study is to give an insight into the practices of Moroccan industrial companies in the area of managing quality costs. Furthermore, it analyses how the quality costing system (QCS) implementation and sophistication differentiate according to a number of variables...

In a randomized control trial, the precision of an average treatment effect estimator and the power of the corresponding t-test can be improved either by collecting data on additional individuals, or by collecting additional covariates that predict the outcome variable. To design the...

Higher battery storage capacity in electric vehicles (EV) can potentially serve two purposes: First, the larger the capacity, the less need for inconvenient recharging during long trips. Second, the larger the capacity, the larger the potential gains from vehicle-to-grid (V2G) electricity supply...