The expansion and intensification of banking competition, which has occurred inSpain during the last ten years, has allowed banks and savings banks to define theircompetitive strategies with more freedom. This paper analyzes the similarities andthe differences in their product mix along with its...

This paper shows the importance of the composition of production -productive specialization- and sector inefficiencies when evaluating efficiency in aggregate production. For this purpose, a new approach is proposed for obtaining efficiency scores which enables two components to be...

We consider a continuous spatial economy consisting of pure exchange local economies. Agents are allowed to change their location over time as a response to spatial utility differentials. These spatial adjustments toward higher utility neighborhoods lead the spatial economy to converge to a...

The paper reports an experimental study based on a variant of the popular Chinos game, which is used as a simple but paradigmatic instance of observational learning. There are three players, arranged in sequence, each of whom wins a fixed price if she manages to guess the total number of coins...