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Optimal Correction for Guessing in Multiple-Choice Tests
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-12)
Building on Item Response Theory we introduce students’ optimal behavior in multiple-choice tests. Our simulations indicate that the optimal penalty is relatively high, because although correction for guessing discriminates ...
Unraveling Public Good Games: The Role of Priors
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2010-02)
This paper provides experimental evidence on how players predict end game effects in a linear public good game. Our regression analysis yields a measure of the relative importance of priors and signals on subjects\' beliefs ...
Do experimental subjects favor their friends?
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2005-06)
Ideally we would like subjects of experiments to be perfect strangers so that the situation they face at the lab is not just part of a long run interaction. Unfortunately, it is not easy to reach those conditions and ...
Inequality for Wage Earners and Self-Employed: Evidence from Panel Data
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-03)
In this paper we study the evolution of income inequality for employees and self-employed workers. We highlight the importance of separately analyze these different sources of income to gain a broader understanding of ...
Individual notions of distributive justice and relative economic status
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2011-09)
We present two experiments designed to investigate whether individuals’ notions of distributive justice are associated with their relative (within-society) economic status. Each participant played a specially designed ...
Group size and decision rules in legislative bargaining
(2014-03-17)
We conduct experiments to investigate the effects of different majority requirements on bargaining outcomes in small and large groups. In particular, we use a Baron-Ferejohn protocol and investigate the effects
of decision ...
Unions, Monetary Shocks and the Labour Market Cycle
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2010-02)
This paper provides a new growth model by considering strategic behaviour in the supply of labour. Workers form a labour union with the aim of manipulating wages in their own benefit. We analyse the implications on labor ...
Altruism and Social Integration
(2009)
We report on a two-stage experiment in which i) we first elicit the social network within a section of undergraduate students and ii) we then measure their altruistic attitudes by means of a standard Dictator game. We ...
Career Planning in Spain: Do temporary contracts delay marriage and motherhood?
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2003-04)
The aim of this paper is to find an empirical connection between the impressive increase in the use of temporary contracts in Spain and the observed increase in age at marriage and maternity. Using a pool of the six available ...
A note on collusion sustainability with optimal punishments and detection lags
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2008-09)
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. ...