Showing 1 - 10 of 148
A study of daily time allocation to travel and out-of-home activity is conducted across eight European cities over three countries: France (Lyon, Grenoble, Strasbourg and Rennes), Switzerland (Geneva, Bern and Zurich) and Belgium (Brussels), based on individual travel survey data collected...
Persistent link: https://www.econbiz.de/10008873565
Transport currently accounts for around 25-30% of global CO2 emissions and this contribution is growing rapidly. Moreover, road transport holds by far the major part in these emissions. Because of the social and political reluctance to increase fuel taxation, it is of some interest to explore...
Persistent link: https://www.econbiz.de/10008876912
This paper proves the existence of competitive equilibrium in a single-sector dynamic economy with heterogeneous agents, elastic labor supply and complete assets markets. The method of proof relies on some recent results concerning the existence of Lagrande multipliers in infinite dimensional...
Persistent link: https://www.econbiz.de/10009022061
Polycentrism in cities is studied with the help of an agent-based model grounded in the Alonso, Muth, Mills (AMM) framework, using microeconomic interactions between heterogeneous agents. This model is shown to reproduce the standard urban equilibrium with two income groups. Two job centers at...
Persistent link: https://www.econbiz.de/10009147734
Temporal rhythms in travel and activity patterns are analysed thanks to a seven-day travel diary collected on 707 individuals in the city of Ghent (Belgium) in 2008. Our analysis confirms the large level of intrapersonal variability whether for daily trips, home-based tours, time use and...
Persistent link: https://www.econbiz.de/10009216362
This paper proves the existence of competitive equilibrium in a single-sector dynamic economy with heterogeneous agents, elastic labor supply and complete assets markets. The method of proof relies on some recent results concerning the existence of Lagrange multipliers in in nite dimensional...
Persistent link: https://www.econbiz.de/10009370871
This paper analyses the optimal timing of switching between alternative and consecutive regimes in optimal growth models. We derive the appropriate necessary conditions for such problems by means of the standard techniques from calculus of variations and some basic properties of Sobolev spaces.
Persistent link: https://www.econbiz.de/10009372723
To account for the development patterns that differ considerably among economies in the long run, a variety of one-sector models that incorporate some degree of market imperfections based on technological external effects and increasing returns have been presented. This paper studies the dynamic...
Persistent link: https://www.econbiz.de/10009372730
In this paper, we study the existence of an intertemporal equilibrium in a Ramsey model with heterogenous discounting, elastic labor supply and borrowing constraints. Applying a fixed-point argument by Gale and Mas-Colell (1975), we prove the existence of an equilibrium in a truncated bounded...
Persistent link: https://www.econbiz.de/10009228932
We consider a general equilibrium model with heterogeneous agents, borrowing constraints, and exogenous labor supply. First, the existence of intertemporal equilibrium is proved even if the aggregate capitals are not uniformly bounded above and the production functions are not time invariant....
Persistent link: https://www.econbiz.de/10010795542