Browsing Documentos de Trabajo e Informes Técnicos by Title
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A Behavioral Foundation for Models of Evolutionary Drift
(200507)Binmore and Samuelson (1999) have shown that perturbations (drift) are crucial to study the stability properties of Nash equilibria. We contribute to this literature by providing a behavioural foundation for models of ... 
A common axiom for classical division rules for claims problems
(Departamento de Economía Aplicada IV, UPV/EHU, 2015)In this paper we introduce a new axiom, denoted claims separability, that is satisfied by several classical division rules defined for claims problems. We characterize axiomatically the entire family of division rules that ... 
A detailed investigation of classification methods for vowel speech imagery recognition
(20131218)Accurate and fast decoding of speech imagery from electroencephalographic (EEG) data could serve as a basis for a new generation of brain computer interfaces (BCIs), more portable and easier to use. However, decoding of ... 
A factor model of seasonality in stock returns
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)Most empirical evidence on stock market seasonality is based on the Dummy Variable Approach (DVA). Typically, the DVA leaves too much variability of stock returns unexplained and inference usually leads to weak or null ... 
A Fundamental Contradiction in Keynes' Conception of Income
(200302)I contend that Keynes provides two contradictory definitions of aggregate income. According to the first definition, which is the dominant in Keynes as well as the standard in current Macroeconomics, the full value of ... 
A Fundamental Contradiction in Standard Rent Theory: A Case Study on Varian's "Intermediate Microeconomics"
(2004)In this paper, I examine Varian’s treatment of rent in his textbook on Microeconomics. I argue that he holds contradictory conceptions: sometimes rent is defined as surplus over cost whereas sometimes it is defined as cost, ... 
A GameTheoreteic Analysis of Minority Language Use in Multilingual Societies
(Departamento Fundamentos del Análisis Económico I, 201510)This chapter studies multilingual democratic societies with highly developed economies. These societies are assumed to have two languages with official status: language A, spoken by every individual, and language B, spoken ... 
A Marginalist Model of Network Formation
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 20160818)We develop a networkformation model where the quality of a link depends on the amount invested in it and is determined by a linkformation "technology" , an increasing strictly concave function which is the only exogenous ... 
A Measure of Gender Wage Discrimination at Quantiles
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)The literature provides several scalar measures of gender wage discrimination that cannot identify whether discrimination is greater among high earners or among low earners. Furthermore, two populations may exhibit the ... 
A methodology for the semiautomatic annotation of EPECRolSem, a basque corpus labeled at predicative level following the PropBankVerb Net model
(2013)In this article we describe the methodology developed for the semiautomatic annotation of EPECRolSem, a Basque corpus labeled at predicate level following the PropBankVerbNet model. The methodology presented is the product ... 
A Model of Evolutionay Drift
(200302)Drift appears to be crucial to study the stability properties of Nash equilibria in a component specifying different outofequilibrium behaviour. We propose a new microeconomic model of drift to be added to the learning ... 
A monotonic core concept for convex games: The SDprenucleolus
(Departamento de Fundamentos dle Análisis Económico I, 20130226)We prove that the SDprenucleolus satisfies monotonicity in the class of convex games. The SDprenucleolus is thus the only known continuous core concept that satisfies monotonicity for convex games. We also prove that for ... 
A new look at Marx's refutation of Ricardo's refutation of the labor theory of value
(2011)In this paper, I would like to bring back to light the forgotten critique of Marx to the widely accepted view that Ricardo succeeded in refuting the universal validity of the labor theory of value in "Principles", chapter ... 
A new solution for the roommate problem: The Qstable matchings
(Departamento de Fundamentos del Análisis Económico I, 20140916)The aim of this paper is to propose a new solution for the roommate problem with strict preferences. We introduce the solution of maximum irreversibility and consider almost stable matchings (Abraham et al. [2])and maximum ... 
A NonParametric Dimension Test of the Term Structure
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)In an economy with multiple sources of risk, the shortterm interest rate does not capture all the information that determines the conditional distribution of bond yields. This is also true for pathdependent term structure ... 
A noncooperative view on two consistent aiport cost sharing rules
(200607)This paper provides a noncooperative understanding of the nucleolus and the egalitarian allocation for airport cost problems. We find that every Nash equilibrium of the noncooperative game has the nucleolus as outcome while ... 
A note on bargaining power and managerial delegation in multimarket oligopolies
(University of the Basque Country, Department of Foundations of Economic Analysis II, 201211)In a twostage delegation game model with Nash bargaining between a manager and an owner, an equivalence result is found between this game and Fershtman and Judd's strategic delegation game (Fershtman and Judd, 1987). ... 
A note on collusion sustainability with optimal punishments and detection lags
(University of the Basque Country, Department of Foundations of Economic Analysis II, 200809)In this note we characterize optimal punishments with detection lags when the market consists of n oligopolistic firms. We extend a previous note by Colombo and Labrecciosa (2006) [Colombo, L., and Labrecciosa, P., 2006. ... 
A Note on Efficiency in a Unifying Model of Strategic Network Formation
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 20180515)The main point of this note is to provide a simpler and shorter proof of the result on efficiency in Olaizola and Valenciano (2017a) based on a result on efficiency of weighted networks in Olaizola and Valenciano (2017b). ... 
A note on LopezHernandez procedure: New nonhierarchical algorithms in classification of data
(200003)[EN] In this short note, we make a critique about the procedure developed in the Inductive Algorithm in the Objects of LopezHernandez (1997). It is well known that the determination of maximal cliques in a graph is an ...