Inefficiencies in Regional Commuting Policy

Coping with inefficiencies in a New Economic Geography model: The unintended consequences of policy interventions

This article introduces a social planner version of a model central to the New Economic Geography for explicitly answering whether the symmetric equilibrium outcome of the decentralized market economy is socially desirable. We find that savings incentives are too weak, resulting in an inefficiently low capital stock and therefore an inadequate number of product varieties. The optimal subsidy an...

Avoiding evolutionary inefficiencies in innovation networks

Innovation policy is in need for a rational which allows the design and evaluation of policy instruments. In economic policy traditionally the focus is on market failures and efficiency measures are used to decide whether policy should intervene and which instrument should be applied. In innovation policy this rational cannot meaningfully be applied because of the uncertain and open character o...

Energy policy : European , national , regional ?

Perspective | Regional Security Policy in West Africa

Regional Dimensions of Monetary Policy in Indonesia