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
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
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
for a structural shift in the volatility of the Mexico-US bilateral real exchange rate. The Kim, Leybourne and Newbold …
Persistent link: https://www.econbiz.de/10010667310
for a structural shift in the volatility of the Mexico-US bilateral real exchange rate. The Kim, Leybourne and Newbold …
Persistent link: https://www.econbiz.de/10010672207
Mexico is a highly centralized federation. The states and municipalities are highly dependent on federal transfers and … so equally at risk to the country’s fiscal dependence on oil. Although Mexico has become more truly federal since … paper we discuss measures to promote Pemex’ development in the context of Mexico’s federal system, such as: (i) the …
Persistent link: https://www.econbiz.de/10010699619