BackBrowsing Ikerlanak by Title
Now showing items 7-26 of 110
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A new look at Marx's refutation of Ricardo's refutation of the labor theory of value
Ormazabal Sánchez, Kepa Mirena
(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 Q-stable matchings
; Iñarra García, María Elena; (Departamento de Fundamentos del Análisis Económico I, 2014-09-16)
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 noncooperative view on two consistent aiport cost sharing rules
Arin Aguirre, Francisco Javier; Iñarra García, María Elena; Luquin, Paloma (2006-07)
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 Efficiency in a Unifying Model of Strategic Network Formation
Olaizola Ortega, María Norma; Valenciano Llovera, Federico (Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2018-05-15)
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 Unifying model of strategic network formation
Olaizola Ortega, María Norma; Valenciano Llovera, Federico (Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2015-02-17)
We provide a model that merges two basic models of strategic network formation and incorporates them as extreme cases: Jackson and Wolinsky' s connections model based on bilateral formation of links, and Bala and Goyal' s ... -
Adam Smith on labour and value: challenging the standard interpretation
Ormazabal Sánchez, Kepa Mirena (2006)
This paper has two parts. In the first I critically analyze Smith’s refutation of the labor theory of value in book I, chapter 6 of his “Wealth of Nations”. My thesis is that Smith’s refutation is unsound and that Ricardo ... -
Admissible Hierachic Sets
Iñarra García, María Elena; Larrea Jaurrieta, María Concepción (2005-05)
In this paper we present a solution concept for abstract systems called the admissible hierarchic set. The solution we propose is a refinement of the hierarchic solution, a generalization of the von Neumann and Morgenstern ... -
Altruism and Social Integration
; ; Espinosa Alejos, María Paz; ; Kovarik, Jaromir ; (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 ... -
An Approach to the stability of international environmental agreements: the absorbing sets solution
Olaizola Ortega, María Norma (2003-12)
We study international environmental negotiations when agreements between countries can not be binding. A problem with this kind of negotiations is that countries have incentives for free-riding from such agreements. We ... -
An axiomatization of success
Albizuri Irigoyen, Miren Iosune; Laruelle, Annick (2011)
In this paper we give an axiomatic characterization of three families of measures of success defined by Laruelle and Valenciano (2005) for voting rules. -
Approximate knowledge of rationality and correlated equilibria
(Departamento de fundamentos del análisis económico I, 2012-07-16)We extend Aumann's [3] theorem deriving correlated equilibria as a consequence of common priors and common knowledge of rationality by explicitly allowing for non-rational behavior. We replace the assumption of common ... -
Are Labor and Freedom Compatible? Political Economy, Hegel’s Practical Philosophy and the Young Marx
Ormazabal Sánchez, Kepa Mirena (Fundamentos del Análisis Económico I, UPV/EHU, 2017)
The question discussed in this paper is whether a political society not emancipated from labor can be a free society. In a less abstract way, the question can be posed as follows; can a society with a laboring class and a ... -
Asymmetric flow networks
Olaizola Ortega, María Norma; Valenciano Llovera, Federico (Departamento de Fundamentos del Análisis Económico I, UPV-EHU, 2012-06-22)
This paper provides a new model of network formation that bridges the gap between the two benchmark models by Bala and Goyal, the one-way flow model, and the two-way flow model, and includes both as particular extreme ... -
Characterization of efficient networks in a generalized connections model with endogenous link strength
Olaizola Ortega, María Norma; Valenciano Llovera, Federico (Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2019-05-09)
We consider a natural generalization of Jackson and Wolinsky s (1996) connections model where the quality or strength of a link depends on the amount invested in it and is determined by a non-decreasing function of that ... -
Choice of Flexible Production Technologies Under Strategic Delegation
; Olaizola Ortega, María Norma (2004-09)
This work analyzes a managerial delegation model in which firms can choose between a flexible production technology which allows them to produce two different products and a dedicated production technology which limits ... -
Coalitional games with veto players: Myopic and farsighted behavior
(Departamento de Fundamentos del Análisis Económico I, 2013-10-10)This paper studies an allocation procedure for coalitional games with veto players. The procedure is similar to the one presented by Dagan et al. (1997) for bankruptcy problems. According to it, a player, the proposer, ... -
Consumption and portfolio rules whit stochastic hyperbolic discounting
(Departamento de Fundamentos del Análisis Económico I, 2013-09)We extend the classic Merton (1969, 1971) problem that investigates the joint consumption-savings and portfolio-selection problem under capital risk by assuming sophisticated but time-inconsistent agents. We introduce ... -
Cost-Saving production technologies and strategic delegation
; Olaizola Ortega, María Norma (2004-02)
This work analyzes a managerial delegation model in which firms that produce a differentiated good can choose between two production technologies: a low marginal cost technology and a high marginal cost technology. For ... -
Countervailing incentives in adverse selection models. A synthesis
Aguirre Pérez, Iñaki; Beitia Ruiz de Mendarozqueta, María Aranzazu (Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-12)
In this paper we propose a simple method of characterizing countervailing incentives in adverse selection problems. The key element in our characterization consists of analyzing properties of the full information problem. ... -
Cultural Values, Family Decisions and Gender Segregation in Higher Education: Evidence from 26 OECD Economies
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2018-06-11)This paper examines the role of cultural values and family decision-making in the gender distribution of higher education on a panel database of 9 elds of study in 26 OECD countries over 1998-2012. The paper surmises ...