BackBrowsing Ikerlanak by Title
Now showing items 55-74 of 110
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Learning in Network Games
Kovarik, Jaromir
; Mengel, Friederike; Romero, José Gabriel (Departamento de Fundamentos dle Análisis Económico I, 2012-11-23)
We report the findings of an experiment designed to study how people learn and make decisions in network games. Network games offer new opportunities to identify learning rules, since on networks (compared to e.g. random ... -
Long Term Dynamics in CO2 Allowance Prices and Carbon Capture Investments
Abadie, Luis María; Chamorro Gómez, José Manuel (2007-05)
In this paper we analyse the behaviour of the EU market for CO2 emission allowances; specifically, we focus on the contracts maturing in the Kyoto Protocol's second period of application (2008 to 2012). We calibrate the ... -
Long-Term Growth and Persistence with Endogenous Depreciation: Theory and Evidence
Barañano Mentxaka, Ilaski; Romero-Avila, Diego (Departamento de Fundamentos dle Análisis Económico I, 2013)
Previous research has shown a strong positive correlation between short-term persistence and long-term output growth as well as between depreciation rates and long-term output growth. This evidence, therefore, contradicts ... -
Lowndes and Locke on the value of money
Ormazabal Sánchez, Kepa Mirena (2007)
In this paper I analyze the monetary theories underlying the arguments that Locke and Lowndes directed against each other during their discussions around the Great Recoinage of 1696. My primary place of interest is the ... -
Majoritarian Contests with Asymmetric Battlefields: An Experiment
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2013-12)We investigate a version of the classic Colonel Blotto game in which individual battles may have different values. Two players allocate a fixed budget across battlefields and each battlefield is won by the player who ... -
Majorities with a quorum
Laruelle, Annick; Valenciano Llovera, Federico (2010-01)
Based on a general model of "quaternary" voting rule, sensitive to voters' choices between four different options (abstaining, voting "yes", voting "no" and staying home), we systematically study different types of majority ... -
Marx´ Critique of the Currency Principle
Ormazabal Sánchez, Kepa Mirena (2009)
The goal of this paper is to rescue the critique of Marx of the Currency Principle from its current oblivion. The ideas of Marx are extraordinarily interesting both from a theoretical and from a practical standpoint, as ... -
Mas-Colell, Whinston and Green Versus Scitovsky on Profit and Utility Maximization
Ormazabal Sánchez, Kepa Mirena (2005)
I contrast the theoretical foundation of profit maximization of Mas-Colell, Whinston and Green’s “Microeconomics” against that provided by Scitovsky in a paper of 1943. Whereas Mas-Colell, Whinston and Green try to show ... -
Minority Language and the Stability of Bilingual Equilibria
Iriberri Etxebeste, Nagore; Uriarte Ayo, José Ramón (2011)
We investigate a society with two official languages: A, shared by all individuals and B, spoken by a bilingual mirority. Thus, it is only B that needs t increase its population share, and therefore, only the language ... -
Monopoly Price Discrimination and Demand Curvature
Aguirre Pérez, Iñaki; Cowan, Simon; Vickers, John (2009-08)
This paper presents a general analysis of the effects of monopolistic third-degree price discrimination on welfare and oputput when all markets are served. Sufficient conditions -involving straightforward comparisons of ... -
Monopoly price discrimination with constant elasticity demand
Aguirre Pérez, Iñaki; Cowan, Simon George (Departamento de Fundamentos del Análisis Económico I, 2013-11)
This paper presents new results on the welfare e¤ects of third-degree price discrimination under constant elasticity demand. We show that when both the share of the strong market under uniform pricing and the elasticity ... -
Monotonic core solutions: Beyond Young's theorem
(2010-07)We introduce two new monotonicity properties for core concepts: single-valued solution concepts that always select a core allocation whenever the game is balanced (has a nonempty core). We present one result of impossibility ... -
Monte Carlo Valuation of natural gas investments
Abadie, Luis María; Chamorro Gómez, José Manuel (2006-07)
This paper deals with the valuation of energy assets related to natural gas. In particular, we evaluate a baseload Natural Gas Combined Cycle (NGCC) power plant and an ancillary instalation, namely a Liquefied Natural Gas ... -
Multimarket Competition and Welfare Effects of Price discrimination
Aguirre Pérez, Iñaki (2011-11)
The paper investigates the effects on welfare of price discrimination when a multimarket seller faces competition in one of its two markets. With respect to uniform pricing, price discrimination changes competition in such ... -
Network formation under institutional constraints
Olaizola Ortega, María Norma; Valenciano Llovera, Federico (2011-05)
We study the effects of institutional constraints on stability, efficiency and network formation. An exogenous "societal cover" consisting of a collection of possibly overlapping subsets covering the set of players specifies ... -
Neutral candidates in approval and disapproval vote
González, Stéphane; Laruelle, Annick; Solal, Philippe (Fundamentos del Análisis Económico I, UPV/EHU, 2017-11-24)
In this article, the question is to select the “best” candidates within a set of candidates when voters cast approval-disapproval ternary ballots. That is, three options are offered to voters: casting a vote “in favor”, a ... -
On monotonic core allocations for coalitional games whith veto players
(2007-10)We characterize a monotonic core concept defined on the class of veto balanced games. We also discuss what restricted versions of monotonicity are possible when selecting core allocations. We introduce a family of monotonic ... -
On the economics of the "meeting competition defense" under the Robinson-Patman Act
Aguirre Pérez, Iñaki (Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2015-02-19)
In this paper we analyze the welfare effects of third-degree price discrimination when competitive pressure varies across markets. In particular, we study the economic aspects of the Robinson-Patman Act associated with the ... -
Partial cross-ownership and strategic environmental policy
; Campo Corredera, María Luz (2011)
This paper analyzes the effect that passive investment in rival firms has on the setting of cooperative and non-cooperative environmental taxes. We consider two firms located in different countries, one of which owns a ... -
Partial ownership of local firms and zoning of neighboring towns
; Casado Izaga, Francisco Javier (Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2019-03-27)
This paper investigates zoning in two neighboring towns in which firms are owned by investors that reside in the two towns. We find that local regulators use zoning strategically depending on the weight of local profits ...