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Persistent link: https://www.econbiz.de/10011091292
This paper deals with the optimal provision of infrastructure by means of public-private partnership contracts.In the economic literature infrastructure is characterized as a large, indivisible and non-rival capital good that produces services for its users.Users can be both consumers and...
Persistent link: https://www.econbiz.de/10011091768
In this paper, several problem reduction techniques are discussed that can be used to reduce the solution time of set partitioning problems. These techniques can be applied in any solution algorithm for set partitioning problems. Besides a short review of the existing literature on preprocessing...
Persistent link: https://www.econbiz.de/10011092120
In a standard general equilibrium model it is assumed that there are no price restrictions and that prices adjust infinitely fast to their equilibrium values.In case of price restrictions a general equilibrium may not exist and rationing on net demands or supplies is needed to clear the...
Persistent link: https://www.econbiz.de/10011092228
Persistent link: https://www.econbiz.de/10011092721
In this paper we consider a general equilibrium model with a finite number of divisible and indivisible commodities.In models with indivisibilities it is typically assumed that there is only one perfectly divisible good, which serves as money.The presence of money in the model is used to...
Persistent link: https://www.econbiz.de/10011092836