Browsing Ikerlanak by Title
Now showing items 41-60 of 110
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Foreign Aid Linked to Infrastructure and/or Pollution Abatement
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-03)This paper studies the macroeconomic effects of a permanent increase in foreign aid in a model that takes into account environmental quality. We develop a dynamic equilibrium model in which both public investment in ... -
Forward-looking Pairwise Stability in Networks with Externalities
(2013)We consider cooperation situations where players have network relations. Networks evolve according to a stationary transition probability matrix and at each moment in time players receive payoffs from a stationary allocation ... -
From bilateral two-way to unilateral one-way flow link-formation
(Departamento de Fundamentos del Análisis Económico I, 2014-11-26)We provide a model that bridges de gap between the simplest variation of two benchmark models of strategic network formation: Bala and Goyal s one-way ow model without decay, where links can be unilaterally formed, and a ... -
Games with perceptions
(Deparamento de fundamentos del análisis económico I, 2012-10-23)We assume that 2 x 2 matrix games are publicly known and that players perceive a dichotomous characteristic on their opponents which defines two types for each player. In turn, each type has beliefs concerning her opponent's ... -
Geographical mobility and the labour market
(Departamento de Fundamentos del Análisis Económico I. UPV-EHU, 2015-05)This paper studies the e ect of home-owners' migration costs on migration and unemployment in an economy where workers move both for work- and nonwork- related reasons. To this end, a search model with heterogeneous locations ... -
Ghost seats in the Basque Parliament
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2015-04-24)In elections voters have generally four options: to abstain, to cast a blank vote, to cast a null vote, or to vote for a candidate or party. This last option is a positive expression of support, while the other three options ... -
Housing Tenure, Geographical Mobility and the Labour Market: the Role of the Employment Exit Rate
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2018-11)This paper studies the effect of home-owners' migration costs on unemployment in an economy where workers move both for work- and non-work-related reasons. To this end, a search model with heterogeneous locations is developed ... -
Human Capital and Market Size
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU I, 2016-07)This paper studies how the size of the labour market aff ects workers' decision to invest in human capital. We consider a model of mismatch where firms rank workers according to their level of skills. The matching process ... -
Implementing with veto players: a simple non cooperative game
(2005-06)The paper adapts a non cooperative game presented by Dagan, Serrano and Volij (1997) for bankruptcy problems to the context of TU veto balanced games. We investigate the relationship between the Nash outcomes of a ... -
Income risk of EU coal-fired power plants after Kyoto
(2008-10)Coal-fired power plants may enjoy a significant advantage relative to gas plants in terms of cheaper fuel cost. Still, this advantage may erode or even turn into disadvantage depending on CO2 emission allowance price. This ... -
Information, stability and dynamics in networks under institutional constraints
(2010-07)In this paper we study the effects of institutional constraints on stability, efficiency and network formation. More precisely, an exogenous "societal cover" consisting of a collection of possibly overlapping subsets that ... -
Internal Organization of Firms and Cartel Formation
(2004-12)We introduce and characterize a new solution concept for TU games. The new soluction is called SD-prenucleolus and is a lexicographic value although is not a weighted prenucleolus. The SD-prenucleolus satisfies several ... -
International and Intergenerational Dimensions of Climate Change: North-South Cooperation in an Overlapping Generations Framework
(2003-12)Global environmental problems such as climate change have both an international and an intertemporal dimension. Recently, some papers have used an overlapping generations framework to analyze the climate change problem ... -
Joan Robinson Was Almost Right: Output under Third-Degree Price Discrimination
(2009-12)In this paper, we show that in order for third-degree price discrimination to increase total output, the demands of the strong markets should be, as conjectured by Robinson (1933), more concave than the demands of the weak ... -
Learning in Network Games
(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
(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
(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
(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
(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 ...