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Now showing items 61-70 of 100
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 ...
Timing of Wage Setting when Firms Invest in R&D
(2003-12)
In this paper, we analyze the effect that the timing of wage setting (i. e. whether wages set sequentially or simultaneously) has on the investment in R&D of firms, when that investment increases the productivity of labor, ...
Zoning a cross-border city
(Departamento de Fundamentos del Análisis Económico I, UPV-EHU, 2015)
This paper investigates zoning in a cross-border linear city that consists of two bordering towns. In each town a local regulator has a say in the location of the local firm. The incentive to gain consumers from the other ...
Royalty Licensing
(2009-09)
A patent provides its holder the monopolist´s right to sell licenses that allow the use of new technology. Empirically, most of the patent licensing agreements that are observed include royalties, in particular per unit ...
Two-part tariff licensing mechanisms
(Departamento de Fundamentos del Análisis Económico I, UPV-EHU, 2012-06)
Most of the patent licensing agreements that are observed include royalties,
in particular per-unit or ad valorem royalties. This paper shows that in a differ
entiated duopoly that competes á la Cournot the optimal ...
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 ...
A Model of Evolutionay Drift
(2003-02)
Drift appears to be crucial to study the stability properties of Nash equilibria in a component specifying different out-of-equilibrium behaviour. We propose a new microeconomic model of drift to be added to the learning ...
The Economics of "Why is it so hard to save a threatened Language?"
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-02)
We study the language choice behavior of bilingual speakers in modern societies, such
as the Basque Country, Ireland andWales. These countries have two o cial languages:A, spoken by all, and B, spoken by a minority. We ...
Unilateral vs. Bilateral link-formation: Bridging the gap
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-05-28)
We provide a model that bridges the gap between two benchmark models of strategic network formation: Jackson and Wolinsky' s model based on bilateral formation of links, and Bala and Goyal's two-way fl ow model, where links ...
Network formation under institutional constraints
(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 ...