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The SD-prekernel for TU games
(Departamento Fundamentos del Análisis Económico I, 2016-03-14)
We introduce and analyze a new solution concept for TU games:The Surplus Distributor Prekernel. Like the prekermel, the new solu-
tion is based on the an alternative motion of complaint of one player against other with ...
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 ...
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 ...
Partial Privatization of State Holding Corporations
(Departamento Fundamentos del Análisis Económico I, 2016-06)
We consider a state holding corporation with two plants that may produce complement or substitute goods and that compete with one or two private firms. We find that the government partially privatizes the two plants of the ...
To disqualify or not to qualify: This is the other question
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2016-10-10)
In this paper we study ternary trichotomous rules, that allows for three levels of input, positive, neutral and negative and three levels of output, positive, undetermined and negative. We illustrate the
interest of such ...
Rationing Rules and Stable Coalition Structures
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2016-10-05)
We consider a coalition formation model in which agents have the possibility of forming part of several coalitions but are limited to participate in only one of them. Coalitions of agents produce outputs to be
distributed ...
A Marginalist Model of Network Formation
(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 ...