BackBrowsing Ikerlanak by Subject "MICROECONOMICS"
Now showing items 1-20 of 40
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A Marginalist Model of Network Formation
Olaizola Ortega, María Norma
; Valenciano Llovera, Federico (Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2016-08-18)
We develop a network-formation model where the quality of a link depends on the amount invested in it and is determined by a link-formation "technology" , an increasing strictly concave function which is the only exogenous ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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. ... -
DANTE: Un MEGA dinámico para el control del cambio climático en España
(2006)El estudio de los impactos económicos de las políticas de control del cambio climático requiere del uso de modelos adecuados. Este artículo presenta un Modelo Dinámico de Equilibrio General Aplicado tipo Ramsey. El modelo ... -
Do Mayoritarian Electoral Rules Favour Larger Industries in the Economy
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2016)Electoral rules translate votes into seats on different basis. Politicians respond differently to alternative electoral rules, and consequently, economic performance is expected to vary across rules. This paper empirically ... -
Efficiency vs. Stability in a Mixed Network Formation Model
Olaizola Ortega, María Norma; Valenciano Llovera, Federico (Departamento de Fundamentos del Análisis Económico I, 2015-03-26)
The purpose of this paper is twofold. First, the incomplete results relative to effciency in a transitional model introduced in a previous paper, distinguishing two types of links, strong or doubly-supported and weak or ... -
Emergence of Cooperation in Heterogeneous Population: A Discrete-Time Replicator Dynamics Analysis
Escobedo Martínez, Ramón; Laruelle, Annick (Departamento de Fundamentos del Análisis Económico I, 2013-12)
The emergence of cooperation is analyzed in heterogeneous populations where individuals can be classified in two groups according to their phenotypic appearance. Phenotype recognition is assumed for all individuals: ... -
Experimental Economics Meets Language Choice
Barañano Mentxaka, Ilaski; Kovarik, Jaromir ; Uriarte Ayo, José Ramón (Departamento de Fundamentos del Ánálisis Económico I, 2014-10-08)
Roughly one half of World's languages are in danger of extinction. The endangered languages, spoken by minorities, typically compete with powerful languages such as En- glish or Spanish. Consequently, the speakers of ... -
From bilateral two-way to unilateral one-way flow link-formation
Olaizola Ortega, María Norma; Valenciano Llovera, Federico (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 ... -
Ghost seats in the Basque Parliament
Ibarzabal Laka, Nora; Laruelle, Annick (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 ... -
Income risk of EU coal-fired power plants after Kyoto
Abadie, Luis María; Chamorro Gómez, José Manuel (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 ... -
International and Intergenerational Dimensions of Climate Change: North-South Cooperation in an Overlapping Generations Framework
Ansuategui Cobo, José Alberto; Escapa García, Marta ; Pérez, Azucena (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
Aguirre Pérez, Iñaki (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
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 ... -
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 ...