Components that make up the structure, conduct, and performance model for industrial organization. Basic Conditions: Consumer Demand, Production, Elasticity of Demand, Technology, Substitutes, Raw Materials, Seasonality, Unionization, Rate of Growth, Product durability, Location, Lumpiness of orders, Scale of economies, Method of purchase, Scope economies Structure: Number of Buyers and Sellers, Barriers to entry of new firms, product differentiation, Vertical integration, Diversification Conduct: Advertising, Research and Development, Pricing behavior, Plant Investment, Legal Tactics, Product choice, Collusion, Merger and Contracts • •
Performance: Price, Production Efficiency, Allocative Efficiency, Equity, Product Quality, Technical Progress, Profits Government Policy: Regulation, Antitrust, Barriers to Entry, Taxes and Subsidies, Investment Incentives, Employment Incentives, Macroeconomic Policies
III. Economic planning system Development Feasibility and Implementation The feasibility of real estate development projects—whether they are "green field" developments, infill, or redevelopment—is affected by a complex set of market, financial, and political factors. While all development projects share common requirements to serve viable markets, meet financial underwriting criteria, and achieve public approvals, each project is unique in its particular circumstances. It is crucial to the success of each project that its unique issues be identified, analyzed, and resolved in the planning and implementation process in a manner that optimizes financial imperatives and public policy objectives. EPS brings a comprehensive understanding of these interrelated elements of project feasibility and a time-tested set of technical tools, capabilities, and experience to address them.
Development Impact Fees "Development impact fees" are one-time charges levied upon new development when building permits are issued and are used by local governments to fund capital improvements required to serve the new development. To meet constitutional (i.e., the Nolan and Dolan U.S. Supreme Court rulings) and statutory requirements (e.g., California's AB 1600), the amount of a given fee must be determined by a formula that is consistently applied and based upon a proportional distribution of costs