City Size and the Henry George Theorem under Monopolistic Competition [PDF]
We analyze the equilibrium and the optimal resource allocations in a monocentric city under monopolistic competition. Unlike the constant elasticity of substitution (CES) case, where the equilibrium markups are independent of city size, we present a ...
Kristian Behrens, Yasusada Murata
core
Forgoing Nuclear: Nuclear Power Plant Closures and Carbon Emissions in the United States
ABSTRACT This paper examines the effect of nuclear power plant decommissioning on electricity generation and carbon emissions in the United States. Using data on nuclear reactor closures in the United States between 1993 and 2022 and data on state‐level carbon emissions and electricity generation from the Energy Information Administration (EIA), this ...
Luke Petach
wiley +1 more source
Endogenous Product Differentiation, Market Size and Prices [PDF]
Recent empirical evidence suggests that prices for some goods and services are higher in larger markets. This paper provides a demand-side explanation for this phenomenon when firms can choose how much to differentiate their products in a model of ...
Ferguson, Shon
core
Maximizing the Economic, Environmental, and Social Impact of the Metaverse
ABSTRACT The metaverse is a transformative digital ecosystem with the potential to redefine economic, environmental, and social systems. This qualitative study examines how the metaverse and its enabling technologies—such as AR/VR, blockchain, and AI—might evolve to influence sustainability. Drawing on semi‐structured interviews with global experts and
Alessandro Lanteri +2 more
wiley +1 more source
Chamberlain on Product Differentiation, Market Structure and Competition: An essay [PDF]
In the 1930s the imperfect competition - monopolistic competition debate took new approaches to the analysis of economic equilibrium with two main works which derived independently came published almost simultaneously in time: Mrs.
Abraão Luís Silva
core
On traits matching and the modular organization of food web and occurrence networks
What mechanisms shape ecological networks? In Paraná River piscivores, species traits and abundance scaling promote modular structures. Our findings reveal how communities self‐organize and highlight the conditions needed to sustain them. Abstract Modularity and nestedness have been observed recurrently across different ecological networks, including ...
Dalmiro Borzone Mas +5 more
wiley +1 more source
Capacity utilization and market power. [PDF]
In a monopolistic competition framework, we propose a dynamic model in which capacity underutilization is a macroeconomic equilibrium feature relying on a diversity of microeconomic situations.
Fagnart, Jean-Francois +2 more
core
Urban Water Demand: Income and Price Elasticities
ABSTRACT We use bimonthly water consumption data from 580,000 households in the metropolitan region of Western Australia over the period 2015–2020 to analyse urban residential water demand. A generalised two‐stage least squares (G2SLS) approach is used to estimate water consumption as a function of price, household income, weather variables, property ...
Alemken Jegnie +3 more
wiley +1 more source
Existence, Uniqueness and Stability of Equilibrium in an Overlapping Generation Model with Monopolistic Competition and Free Entry and Exit of Firms [PDF]
In this paper we have analyzed existence, uniqueness and stability of a steady-state equilibrium in an overlapping generations model with monopolistic competition and free entry and exit of firms.
Fernando del Rio, Omar Licandro
core
Collaborating in future states—Contextual instability, paradigmatic remaking, and public policy
Abstract Collaboration is ubiquitous in public policy life, with its presence and profile determined by prevailing governance conditions. Commitments to globalisation and marketisation in the latter part of the 20th century marked the onset of an era defined by collaboration, between and across tiers and spheres of government, with non‐state actors ...
Helen Sullivan
wiley +1 more source

