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Now showing items 11-20 of 43
Forecasting accuracy of behavioural models for participation in the arts
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012-01)
In this paper, we assess the forecasting performance of count data models applied to arts attendance. We estimate participation models for two artistic activities that differ in their degree of popularity -museum and jazz ...
Selectivity, pulse fishing and endogenous lifespan in Beverton-Holt models
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
Optimal management in a multi-cohort Beverton-Holt model with any number of age classes and imperfect selectivity is equivalent to finding the optimal fish lifespan by chosen fallow cycles. Optimal policy differs in two ...
Full Implementation of Rank Dependent Prizes
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
A manager/mechanism designer must allocate a set of money
prizes ($1, $2, .., $n) between n agents working in a team. The agents know
the state i.e. who contributed most, second most, etc. The agents' prefer-
ences over ...
Competitive Pressure and Job Interview Lying: A Game Theoretical Analysis
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
We consider a job contest in which candidates go through
interviews (cheap talk) and are subject to reference checks. We show how
competitive pressure - increasing the ratio of "good" to "bad" type candi-
dates - can ...
Can the change in the composition of the US GDP explain the Great Moderation? A test via oil price shocks
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
The paper investigates whether the growing GDP share of the services sector can contribute to explain the great moderation in the US. We identify and analyze three oil price shocks and use a SVAR analysis to measure their ...
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 ...
Reference Points Based on Dynamic Optimisation: A Versatil Algorithm for Mixed Fishery Management with Bio-economic Agestructured Models
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
Single-species management objectives may not be consistent within mixed fisheries. They may lead species to unsafe situations, promote discarding of over-quota and/or misreporting of catches. We provide an algorithm for ...
From Shadow to Green: Linking Environmental Fiscal Reforms and the Informal Economy
(Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2012-03-03)
In the past few decades many papers have analysed in some depth different environmental tax reforms and the double dividend hypothesis, i.e. the possibility of improving not only the environment but also the economy through ...
Environmental Fiscal Reform and Unemployment in Spain
(Basque Centre for Climate Change/Klima Aldaketa Ikergai, 2012-04-02)
The theoretical literature relevant to the relationship between environmental taxation and employment creation is centred on the suggestion by Pearce (1991) that environmental taxation could lead to a “double dividend†...
Consumer Expertise or Credit Risk? An empirical analysis of mortgage pricing
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
Loan mortgage interest rates are usually the result of a bank-customer negotiation process. Credit risk, consumer cross-buying potential, bundling, financial market competition and other features affecting the bargaining ...