Agglomeration economies are defined as economies of scope which may result from the agglomeration of an urban area. Such economies are realized as a function of the concentration of individuals and industries in a geographic ...

The expanding interest in the private delivery of many public goods and services suggests public provision of public goods need not represent a dominant institution. Basic analysis of private market provision of excludable ...

Government can affect private economic activities through many means: the legal system and regulatory mechanisms, the tax and subsidy systems, lending and other monetary activities, and the services from public infrastructure. ...

Rising costs and less certain revenues have made hospitals and administrators more aware of the need for accurate planning and budgeting. An important input in the expenditure budgeting process is knowledge of the prices ...

This paper presents a theoretical analysis of the relative use of general state subsidies (tax finance) and tuition (user charge finance) in the state financing of higher education. State universities across U.S. states ...

This study examines how people make decisions under risk and uncertainty. The laboratory experiments are conducted to test some existing models of decision making. The experimental design in this study is different from ...