Showing 1 - 10 of 1,440
Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative traveler's dilemma. In this context, we observe that participants tend to choose strictly dominated strategies. In order to explain similar tendencies in other games,...
Persistent link: https://www.econbiz.de/10011538730
Within the area of Behavioral game theory, we focus on a specific context, namely, on a game we called the Alternative traveler’s dilemma. In this context, we observe that participants tend to choose strictly dominated strategies. In order to explain similar tendencies in other games,...
Persistent link: https://www.econbiz.de/10009668526
tax incentives and what policies can be useful for better monitoring and control. This document uses experimental field … structure of incentives, such as income, the probability of inspection and variations in the tax rate, is evaluate the behavior … of economic agents when these changes are made. The experiment results indicate that an important factor is the risk …
Persistent link: https://www.econbiz.de/10011703510
This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...
Persistent link: https://www.econbiz.de/10010289498
Spanish Abstract: Parte de la política de Educación Superior que el Estado mexicano instrumentó hacia las universidades públicas en las últimas tres décadas han sido los distintos programas de estímulos a profesores e investigadores que dedicaban tiempo completo a sus tareas docentes y de...
Persistent link: https://www.econbiz.de/10012963111
The English version of this paper can be found at http://ssrn.com/abstract=3628761Spanish Abstract: El presente estudio estima el shock de oferta de primer orden, producto de la reducción de la oferta de trabajo asociada con las medidas de contención y distanciamiento social tomadas por el...
Persistent link: https://www.econbiz.de/10013239779
This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...
Persistent link: https://www.econbiz.de/10008660884
During recent decades, the creation of value for the shareholder has become in the indisputable objective of all public limited companies. The first consequence of this fact has been the generation of a controversial polemic about the most suitable instruments for the measuring of the efficiency...
Persistent link: https://www.econbiz.de/10005087187
New estimates of the cost of living and of the wages in Palencia are presented in order to evaluate the effects of the agrarian capitalism in Castillian working class’ real income from 1751 to 1861. I obtained both prices (incluiding rents) and wages (earned by bricklayers and agricultural...
Persistent link: https://www.econbiz.de/10005013886
Persistent link: https://www.econbiz.de/10005013890