Showing 1 - 10 of 72
Agriculture and rural development policies in Mexico have experienced a profound reform process over the last two …, though average public expenditure in agricultural support and rural development in Mexico is modest by OECD standards, it is … aggravating, rather than reducing original, asset-based inequality in Mexico. …
Persistent link: https://www.econbiz.de/10010717806
I analyze a problem of assigning heterogeneous agents (tenants) to heterogeneous principals (landlords), where partnerships are subject to moral hazard in effort choice. The agents differ in wealth endowment and the principals differ in land quality. When the liability of each agent is limited...
Persistent link: https://www.econbiz.de/10010823217
We analyze a situation where a Principal does not necessarily have all the bargaining power while negotiating a contract with an Agent by studying a dynamic multi-objective moral hazard model with hidden action. We .nd that the structure of the optimal contracts change along the Pareto Frontier,...
Persistent link: https://www.econbiz.de/10010823261
In this paper we analyze a repeated Principal Agent model, formulated as a Multi-Objective Optimization problem. We approximate its Pareto Frontier by using a recently proposed Multi-Objective Optimization Evolutionary Algorithm named RankMOEA. We focus on the effects of changes of productivity...
Persistent link: https://www.econbiz.de/10010823313
In this paper we analyze a repeated Principal Agent model, formulated as a Multi-Objective Optimization problem. We approximate its Pareto Frontier by using a recently proposed Multi-Objective Optimization Evolutionary Algorithm named RankMOEA. We focus on the effects of changes of productivity...
Persistent link: https://www.econbiz.de/10010685977
We consider a class of two-player quadratic games under incomplete information to study the relation between exogenous coordination motives and strategic interactions in information acquisition. The players make decisions in two stages. They decide about information acquisition in the first...
Persistent link: https://www.econbiz.de/10010687832
I analyze a problem of assigning heterogeneous agents (tenants) to heterogeneous principals (landlords), where partnerships are subject to moral hazard in effort choice. The agents differ in wealth endowment and the principals differ in land quality. When the liability of each agent is limited...
Persistent link: https://www.econbiz.de/10010687844
In 1997, the Comisión Reguladora de Energía of Mexico implemented a netback rule for linking the Mexican natural gas … the Mexican government to use the netback rule based on the Texas price of gas to set the price natural gas in Mexico even …
Persistent link: https://www.econbiz.de/10010823180
In this document we make a first assessment of the impact of the counter cyclical fiscal measures adopted by Mexico had … to the debate about the multipliers’ relevance. Mexico took these actions since the beginning of 2008. However, the …
Persistent link: https://www.econbiz.de/10010823182
The paper presents a comprehensive analysis and interpretation of redistributive spending in Mexico. It reviews the …
Persistent link: https://www.econbiz.de/10010823187