Using data from a 1989 household survey of new vehicle buyers, this paper develops and estimates a nested logit model of new vehicle demands where the make-models in the lower nest are partitioned by their fuel efficiencies ...

The purpose of this paper is to estimate a model of rent determination for shopping centers in the Central District of Hong Kong, one that allows for differentiation among retail units. Besides some of the commonly-studied ...

The purpose of this paper is to examine the behaviour of the share prices on the acquired bank, Trust Bank New Zealand Limited, involved in a merger proposal. Asquith, Burner and Mullins (1983) have identified a number of ...

This paper presents a dynamic bioeconomic model of vertebrate pest management which incorporates a behavioural trait in the target population known as toxin or bait avoidance. Pests who exhibit such avoidance after exposure ...

This paper presents a model of inflation that is generated by an excess supply of credit-money without any money base impulse from government. Instead, inflation turns out to depend on just three variables: the marginal ...