Browsing Ikerlanak by Title
Now showing items 47-66 of 110
-
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 ... -
Marx´ Critique of the Currency Principle
(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
(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
(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
(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
(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 ...