Estimation of the environmental services values, represents a crucial element in the process of taking of decisions on environmental programs and policies to develop, as well as an orientation instrument for the implementation of production patterns and more sustainable consumption. From this...

This paper studies the probability of survival of the manufacturing plants that start producing in Chile in the period 1979-1999 using a proportional hazards model. Opposing previous empirical international evidence, the survival diminishes with age, initial size, and with the rate of growth of...

This paper is concerned with the general question of the provision of information by financial intermediaries to their customers. Specifically, it analyzes the different ways the market can be organized and its effects on pricing and the level of information investors obtain. We find that market...

This paper develops a monopolistic competition model to study the characteristics of products, such as quality improvement and product diversity (function-specialization and individualization), and the division of labor in production. Different from the ordinary economic model, our utility...

This paper uses a two-sided market model of hospital competition to study the implications of different remunerations schemes on the physicians’ side. The two-sided market approach is characterized by the concept of common network externality (CNE) introduced by Bardey et al. (2010). This type...

We study competition in two sided markets with common network externality rather than with the standard inter-group effects. This type of externality occurs when both groups bene…fit, possibly with different intensities, from an increase in the size of one group and from a decrease in the size...