Peer-to-peer sharing induces persistent changes in product design. Besides bifurcating product durability, this adaptation increases the compatibility of collaborative use with rent extraction—from a producer’s viewpoint. For owners it decreases the commit ...
This paper addresses the techno-economic evaluation and optimisation of processes converting lignocellulosic biomass into liquid fuels, through the development of a suitable framework and the modelling and design of Biomass to Liquids (BTL) processes. In p ...
The world economy is undergoing dramatic changes, largely driven by the new availability of fine-grained information. Innovative ways of using datalarge and small-have also prompted a rethinking of the boundaries for the combination and use of knowledge. T ...
In the presence of a peer-to-peer economy, the option of sharing an item is valuable for consumers. By retaining control over the shareability of its products a monopolist can set a sharing tariff in conjunction with the purchase price of the product, in o ...
Sharing and redistributing assets between individuals has become a noticeable part of the economy. Ownership is no longer the sole mode of consumption and consumers have the option of choosing between ownership and access-based consumption. This change in ...
Research summaryEntrepreneurial behavior is core to our understanding of entrepreneurship. Yet, research progress is hindered because most studies adopt a traditional perspective of the construct that is embedded in economic rationality and focused on for- ...
Rental housing is increasingly becoming the key shelter option for the poor living in and moving into cities, including those living in informal settlements. The paper revisits the production of rental housing in informal settlements within the new contour ...
Electronic intermediaries have become pervasive in sales transactions for many durables, such as cars, power tools, and apartments. Yet only recently have they successfully tackled the challenge of enabling parties to share such goods. A key impediment to ...
We propose a model of a firm's reversible investment decision with macroeconomic conditions based on optimal switching of a diffusion regime. The switching costs and the cash flow generated from the firm depend on a business cycle alternating via a Markov ...
The Swiss housing market is characterised by an extraordinarily low vacancy rate, generally in the vicinity of 1%. Is it permanently in a condition of severe shortage? This paper uses both a standard non-accelerating rent inflation rate of vacancy approach ...
We apply the hedonic model to the rental markets of the Geneva and Zurich urban areas, Switzerland, in order to assess the value of natural land uses and land use diversity. In order to construct variables to quantify land uses and patterns in the neighbou ...
The present thesis applies the property hedonic price model in order to assess the economic value of environmental amenities and discrimination on the Swiss rental markets of Geneva and Zurich. Indeed, economic textbooks teach that differentials in environ ...
The Geneva and Zurich housing markets are characterised by high proportions of foreigners and a large share of rental housing. This provides ideal conditions for testing whether foreigners pay more for the same quality of housing than Swiss households and ...
The distinction between dual rental systems and unitary rental markets is refined and developed. In particular, unitary rental markets are defined as markets in which barriers to nonprofit providers competing on the rental market are removed, reserving the ...