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Now showing items 81-90 of 99
A note on bargaining power and managerial delegation in multimarket oligopolies
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012-11)
In a two-stage delegation game model with Nash bargaining between a manager and an owner, an equivalence result is found between this game and Fershtman and Judd's strategic delegation game (Fershtman and Judd, 1987). ...
Optimal overall emissions taxation in durable goods oligopoly
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
We analyze optimal second-best emission taxes in a durable good industry under imperfect competition. The analysis is performed for three different types of emissions and for situations where the good is rented, sold or ...
A Note on Risk Acceptance, Bankruptcy Avoidance and Riskiness Measures
(2013-09-30)
In this work we clarify the relationships between riskiness, risk acceptance and bankruptcy avoidance. We distinguish between the restriction on the current wealth required to make a gamble acceptable to the decision maker ...
An Alternative View of the US Price-Dividend Ratio Dynamics
(2014-12)
As a necessary condition for the validity of the present value model, the price-dividend ratio must be stationary. However, significant market episodes seem to provide
evidence of prices significantly drifting apart from ...
Essays on the effect of renewable energy production in the spanish electricity market.
(2016-02-26)
El camino hacia una economía baja en carbono es una de las prioridades políticas actuales de la Unión Europea. En España, la Energía Renovable (ER) emergió a partir de la introducción del sistema de Feed-in Tariffs. La ...
Health in cities: neighborhood effects and scioeconomic determinants in the Spanish case
(2020)
The impact of place on individual outcomes, like health, presents many causal challenges that have disputed treatments in the literature. A 2011 study by Bilger Carrieri addresses them via instrumentation, to surprising ...
Territorial distribution of immigrants in Europe
(2020)
Uneven distribution of immigrant population has diverse consequences in countries and societies. We call immigrants those that have a nationality different to the reporting country. Some European regions have an important ...
Green jobs in the Spanish renewable energy sectors: an input-output approach
(2020)
After the Paris agreement, the transition to a low carbon economy is at the heart of
the debate of the European energy and climate policy. One of the central targets of this
transformation proposes changes in the energy ...
Impact of the phase out of French nuclear plants on the Spanish electricity market
(2020)
One of the key elements in the transition to low carbon economies is the phase-out of fossil-fuel based technologies. Nuclear power, despite not being a high emitting source, is one of the technologies at the heart of the ...
Who bears the risk? Analyzing the strategic interaction between regulators and investors when setting incentives for renewable electricity
(2020)
Energy policies for promoting investment in renewable energy sources have become crucial for deploying
different green energy technologies. Depending on their design, the conventional incentive systems assign
the risk ...