This paper highlights the role of intangible assets in a property rights model firm organization with sequential production. Empirical evidence based on foreign direct investment and transaction-level trade data Slovenian firms reveals that strength intellectual (IPR) protection supplier's location affects firms' organizational choices whenever supplier investments are complements. In this case...

Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of...

We present an estimate of the property value effects of the South Ridgeline Trail in Eugene, Oregon using a hedonic price model. This effect is estimated using a data set containing housing characteristics obtained from the Lane Council of Governments and distance variables obtained using GIS software. Results show that the distance to the nearest trailhead has a strongly significant impact on ...

A common practice in real estate markets is the sale of housing development units before completion, and in some cases even before beginning of the actual construction, known as presale. Developers that choose to presell units are subject to default on the part of the buyers if market conditions become unfavorable. In recent years, court rulings in Brazil have established that developers must r...

Gentzen (1955) introduced the natural deduction system to study the notion of proof. The full classical natural deduction system is well adapted for the human reasoning. By full we mean that all the connectives (→, ∧ and ∨) and ⊥ (for the absurdity) are considered as primitive. As usual, the negation is defined by ¬A = A → ⊥. Considering this logic from the computer science of view is interesti...

Recall that a function u is harmonic (superharmonic, subharmonic) in an open set U ⊂ Rn (n ≥ 1) if u ∈ C2(U) and Δu = 0 (Δu ≤ 0,Δu ≥ 0) on U . Denote by H(U) the space of harmonic functions in U and SH(U) (sH(U)) the subset of C2(U) consisting of superharmonic (subharmonic) functions in U . If A ⊂ Rn is Lebesgue measurable, L1(A) denotes the space of Lebesgue integrable functions on A and |A| d...

In order to determine the impact of transportation and walkability as one important smart growth principles in creating economic value, this study examines on Residential Property Value Shah Alam, Selangor, Malaysia neighborhoods. Based secondary data collected Brickz.com, a hedonic regression model was constructed estimate median Selangor for assessment. The model's findings demonstrate that f...