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This article calculates the Bayes-Nash equilibria of a parametric family of auction models which includes, among others, the classic models. In an analysis of two power generation firms with the same production capacity and risk neutrality, the models in this class verify a revenue equivalence...
Persistent link: https://www.econbiz.de/10008727721
In this paper, we study the relationship between reconciliations in the Colombian electricity market and the bid prices by firms on the spot market. In this work,we propose a model of behavior of the firm to elaborate theoretical predictions about the relationship between the reconciliations and...
Persistent link: https://www.econbiz.de/10014494436
In this paper, we study the relationship between reconciliations in the Colombian electricity market and the bid prices by firms on the spot market. In this work,we propose a model of behavior of the firm to elaborate theoretical predictions about the relationship between the reconciliations and...
Persistent link: https://www.econbiz.de/10014340297
Una de las dificultades que enfrentan las autoridades regulatorias en el diseño de políticas eficientes para la protección y preservación de recursos comunes (v.gr., calidad del aire, calidad del agua, cuerpos de agua, pesquerías) es que gran parte de la información relevante para el...
Persistent link: https://www.econbiz.de/10005730235
We present an investigation into two parts to assess the quality of the competitive internet websites of selected industries in the Basque Country. The ad hoc methodology developed for this research can be applied to other regional areas. Competitiveness is defined according to two measurable...
Persistent link: https://www.econbiz.de/10011536973
Modern information technologies (it) can increase the digital divide between countries. Using information theory this article distinguishes between semantic and pragmatic information showing how it can increase or decrease the digital divide. Semantic information (like email) interacts primarily...
Persistent link: https://www.econbiz.de/10004966347
In recent decades, a growing interest in the micro and meso economic foundations of competitiveness has emerged worldwide. Many authors have seek to explain this phenomenon using approaches that rely on endogenous and relational capabilities of firms. Relational capabilities are exercised in...
Persistent link: https://www.econbiz.de/10014494528
This paper studies the determinants of the use of different strategies by mobile-users for reducing their spending. This empirical exercise is done with a special survey focused in lowincome people from developing countries such as Argentina, Brazil, Colombia, Mexico, and Peru. Our methodology...
Persistent link: https://www.econbiz.de/10008456332
This papers seeks to approach research areas through the Net and professional praxis or uses of it. It takes into account the doctoral research path leading to this field of knowledge and analyses the epistemological framework of its own study object, besides technical requirements for...
Persistent link: https://www.econbiz.de/10005551561
The information society reflects an effect of the increasing expansion of the globalisation that determines a general increase in the speed of the Internet. Internetwork World Wide Web represents the synthesis or the core of the global society. The UN and the World Summit of the Information...
Persistent link: https://www.econbiz.de/10005551565