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Electronic intermediaries have become pervasive in sales transactions for many durables, such as cars, power tools, and apartments. Yet only recently have they successfully tackled the challenge of enabling parties to share such goods. A key impediment to ...
This dissertation collects three essays on the hedonic modelling of housing prices, location attributes and environmental amenities – or lack thereof. The first essay applies spatial econometric techniques to measure the impact of airport noise on the pric ...
Providing safe, clean and affordable energy supply is essential for meeting the basic needs of human society and for supporting economic growth. From the historical perspective, the constantly growing energy use was one of the main factors, which drove the ...
Power sourcing for large industrials has changed since many countries began to restructure their electric sectors. Before, energy sourcing was limited to a set of products offered by electric companies under regulation. Nowadays, deregulation of electricit ...
This study examines the effects of land-use policies and natural events on the evolution of two wooded pastures in the Jura Mountains in Switzerland between 1934 and 2000. The socioeconomic context and the local conditions were seen as major driving forces ...
We use a dynamic cash management model in which firms face competitive pressure to show that product market competition increases the cash holdings as well as the size and frequency of equity issues of financially constrained firms. We test these predictio ...