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Tougher educational exam leading to worse selection

Andrade, Eduardo de Carvalho; Castro, Luciano I. de - 2011

A parallel of education with transformative processes in standard markets suggest that a more severe control of the quality of the output will improve the overall quality of the education. This paper shows a somehow counterintuitive result: an increase in the exam diffculty may reduce the...

Persistent link: https://www.econbiz.de/10009356804

An interpretation of Ellsberg’s Paradox based on information and incompleteness

Castro, Luciano I. de; Yannelis, Nicholas C. - In: Economic theory bulletin 1 (2013) 2, pp. 139-144

Persistent link: https://www.econbiz.de/10010345930

Transition to centralized unit commitment : an econometric analysis of Colombia's experience

Riascos Villegas, Álvaro J.; Bernal, Miguel; Castro, … - In: The energy journal 37 (2016) 3, pp. 271-291

Persistent link: https://www.econbiz.de/10011528586

Portfolio selection in quantile decision models

Castro, Luciano I. de; Galvao, Antonio F.; … - In: Annals of finance 18 (2022) 2, pp. 133-181

Persistent link: https://www.econbiz.de/10013278978

Quantile selection in non-linear GMM quantile models

Castro, Luciano I. de; Galvão Júnior, Antônio Fialho; … - In: Economics letters 195 (2020), pp. 1-4

Persistent link: https://www.econbiz.de/10012509605

A new approach to the rational expectations equilibrium : existence, optimality and incentive compatibility

Castro, Luciano I. de; Pesce, Marialaura; Yannelis, … - In: Annals of finance 16 (2020) 1, pp. 1-61

Persistent link: https://www.econbiz.de/10012495961

Smoothed GMM for quantile models

Castro, Luciano I. de; Galvão Júnior, Antônio Fialho; … - In: Journal of econometrics 213 (2019) 1, pp. 121-144

Persistent link: https://www.econbiz.de/10012304545

Ambiguous implementation : the partition model

Castro, Luciano I. de; Liu, Zhiwei; Yannelis, Nicholas C. - In: Economic theory : official journal of the Society for … 63 (2017) 1, pp. 233-261

Persistent link: https://www.econbiz.de/10011723503

Uncertainty, efficiency and incentive compatibility : ambiguity solves the conflict between efficiency and incentive compatibility

Castro, Luciano I. de; Yannelis, Nicholas C. - In: Journal of economic theory 177 (2018), pp. 678-707

Persistent link: https://www.econbiz.de/10012025741

Implementation under ambiguity

Castro, Luciano I. de; Liu, Zhiwei; Yannelis, Nicholas C. - In: Games and economic behavior 101 (2017), pp. 20-33

Persistent link: https://www.econbiz.de/10011788427