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Now showing items 11-20 of 101
From bilateral two-way to unilateral one-way flow link-formation
(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 ...
Expected Fair Allocation in Farsighted Network Formation
(2013)
I consider cooperation situations where players have network relations. Networks evolve according to a stationary transition probability matrix and at each moment in time players receive payoffs from a stationary allocation ...
Uncertain Information Structures and Backward Induction
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-03-25)
In everyday economic interactions, it is not clear whether sequential choices are visible
or not to other participants: agents might be deluded about opponents'capacity to acquire,interpret or keep track of data, or might ...
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 ...
The von Neumann-Morgenstern stable sets for 2x2 games
(Departamento de Fundamentos del Análisis Económico IDepartamento de Economía Aplicada IV, 2012-11)
We analyze the von Neumann and Morgenstern stable sets for the mixed extension of 2 2 games when only single profitable deviations are allowed. We show that the games without a strict Nash equilibrium have a unique vN&M ...
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 ...
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 ...
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 ...
Quaternary dichotomous voting rules
(2010-01)
In this paper we provide a general model of "quaternary" dichotomous voting rules (QVRs), namely, voting rules for making collective dichotomous decisions (to accept or reject a proposal), based on vote profiles in which ...
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 ...