The document presents an analysis, developed under the framework of conflict theory, which models the choice of ownership structure as the result of a power struggle between the owner of a firm and potential shareholders. The theoretical model suggests that, when the system that protects...

Models of Bounded Rationality are often seen as more realistic than the traditional alternatives based on the fully-rational homo economicus, assumed by Expected Utility Theory (EUT). In his seminal paper on Bounded Rationality Simon (1955) pictured a decision maker as having computational...

Este libro recoge las ponencias presentadas en la conferencia Investigación, políticas y desarrollo, realidad en el marco del 25 aniversario del Grupo de Análisis para el Desarrollo. Las páginas de esta publicación incluyen balances de investigación empírica relevantes para el logro de...