To investigate whether peer-to-peer rental markets for durable goods are welfare-improving, we develop a new dynamic model of such markets in which users with heterogeneous …
Since its introduction in 2008, blockchain technology has outgrown its use in cryptocurrencies and is now preparing to revolutionize a multitude of commercial …
MM Hamed, BM Al-Eideh - Analytic methods in accident research, 2020 - Elsevier
The interaction between traffic accidents and household vehicle ownership decisions has not been thoroughly explored in literature. This interaction is worthy of investigation as the …
Blockchain technology (BCT) has caught tremendous attention from businesses. In the present study, the authors propose that if BCT is used to track a product's life cycle, that is …
We characterize efficiency in an equilibrium model of investment and capital reallocation with heterogeneous firms facing collateral constraints. The model features two types of …
A Lanteri - American Economic Review, 2018 - aeaweb.org
This paper studies the business-cycle dynamics of secondary markets for physical capital and their effects on the macroeconomy. In the data, both capital reallocation and the price of …
J Lazarev - New York University, 2013 - johnlazarev.com
This paper studies how a firm's ability to price discriminate over time affects production, product quality, and product allocation among consumers. The theoretical model has …
Local air pollution has led authorities in many cities around the world to impose limits on car use by means of driving restrictions or license-plate bans. By placing uniform restrictions on …
To investigate whether secondary markets aid or harm durable goods manufacturers, we build a dynamic model of durable goods oligopoly with transaction costs in the secondary …