The aim of this investigation is to display how the use of classroom experiments may be a good pedagogical tool to teach the Nash equilibrium (NE) concept. The basic game for our purposes is a repeated version of the Beauty Contest Game (BCG), a simple guessing game whose repetition lets...

We propose to model policy making as a multicriteria problem and solve it using suitable multicriteria techniques in connection with some structural economic model to represent optimal policy making and to get useful policy recommendations. By using a multiobjective approach combined with a...

This article focuses on the technological aspect of recycling, its effect on the production set of the economy and the optimal use and substitution of natural resources in production. We provide a framework that enables us to compare the relevance of using renewable resources and recyclable...

This paper presents a theoretical model to find the optimal selective-logging regime of a size-distributed forest. The law of motion of the economic model is governed by a partial differential equation that describes the evolution of the forest stock over time. To find the solution of the...

We study the optimal capacity of landfills taking into account their sequential nature. Such an optimal capacity is characterized by the so-called Optimal Capacity Condition. Particular versions of this condition are obtained for two alternative settings: first, if all the landfills are to have...

The Common Agricultural Policy (CAP) is a widely debated policy in terms of both its budget and its instruments. In order to serve the citizens of Europe properly, CAP requires optimal identification of the public objectives desired. This paper aims to analyse the relative weights that citizens...

In this paper we establish further connections between DEA and Multi-criteria Decision Analysis by suggesting a particular way to estimate preference weights for different objectives using DEA. We claim that the virtual multipliers obtained from a standard DEA model are not suitable to measure...

En este trabajo analizamos la eficiencia considerando variables de entorno en el ámbito del sector oleícola de Andalucía. Se implementa un nuevo método con dos variables, como una ampliación del planteado en una publicación anterior por Dios-Palomares et al. Posteriormente se investiga...

In this paper we present a methodology to analyse input use in the agricultural sector. The novelty of the theoretical model explained is that it has been developed considering a multi-criteria environment. Thus, the optimal input use condition is determined by the assessment of...

In this paper we consider a multi-criteria game model which allows interactions between players. The problem addressed is considered as a cooperative game in order to achieve consensus solutions which are evaluated with respect to several criteria simultaneously. The main idea consists of...