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Bayesian learning in mis-specified models
(2000-02)
A central unanswered question in economic theory is that of price formation in disequilibrium. This paper lays down the methodological groundwork for a model that has been suggested as an answer to this question (Arrow, ...
Uncertainty and Real Options. Investment and Development of Fishing Resources (II)
(2000-01)
[EN] The irreversibility of the investment expenditures in a fishery and the high degree of uncertainty attaching to the price of the fishing resources make the evaluation of investment opportunity in a fishery particularly ...
Uncertainty and Real Options. Investment and Development of Fishing Resources (I)
(2000-01)
[EN] The valuation of development opportunity of a fishery is made particularly difficult by the high degree of uncertainty attaching to the price of the fishing resource. The net-present-value and other discounted cash-flows ...
A note on Lopez-Hernandez procedure: New non-hierarchical algorithms in classification of data
(2000-03)
[EN] In this short note, we make a critique about the procedure developed in the Inductive Algorithm in the Objects of Lopez-Hernandez (1997). It is well known that the determination of maximal cliques in a graph is an ...
Mixed Duopoly, Merger and Multiproduct Firms
(2000-07)
The literature on mergers has extensively analyzed the decision to merge by private firms but it has not considered the decision to merge by private and public firms. We assume that when a private firm and a public firm ...
Environmental Standards, Wage Incomes and the Location of Polluting Firms
(2000-03)
The purpose of this paper is to study how the choice of environmental standards by governments is affected by the existence of wage incomes when firms' location is endogenous. In developed countries labor is unionized, ...
Application of the Analysis Cluster in the economic environment. A study of the neighborhoods of Donostia
(2000-10)
[EN] We try to study the quality of life in Donostia, in the sense that we want to study the relationship that can exist among those inhabitants of the housings and the structure of the same ones. We will attempt to look ...
factor analysis of a set of contingency tables
(2000-09)
[EN] The aim of this paper is to develope a factor method for the simultaneous analysis of several contingency tables. As in multiple correspondence analysis, the method studies similarity among rows, among columns and ...
Comparative Study of Alternatives Analysis of Incomplete Disjunctive Tables
(2000-05)
[EN] Multiple Correspondence Analysis (MCA) studies the relationship between several categorical variables defined with respect to a certain population. However, one of the main sources of information are those surveys in ...
Analysis of the relationship between International Immigration and Unemployement
(2000-10)
[EN] The relationship between the unemployment and the international immigration is getting interest while the differences between poor and rich countries are stressed. The poor countries offer cheap work force to occupy ...