In this article we analyze the remuneration mechanism for the reduction of energy losses, through a dynamic principal-agent model in continuous time. The agent represents the power distribution company, which makes investments, or in other words, makes an effort to reduce energy losses. The...

In this article we analyze the remuneration mechanism for the reduction of energy losses, through a dynamic principal-agent model in continuous time. The agent represents the power distribution company, which makes investments, or in other words, makes an effort to reduce energy losses. The...

La selección de indicadores de resultados y productividad es una cuestión de plena actualidad en el campo de la gestión y evaluación de los servicios públicos en general, y en el caso de la Educación Secundaria en particular. Para dar respuesta a este problema, en este trabajo se analizan...

Spanish Abstract: Preservar los Bosques Andinos de Robles es de gran importancia dado su valor intrínseco y los servicios ecosistémicos ofrecidos que favorecen el bienestar humano. No obstante, las prácticas de ganadería extensiva en el territorio nacional generan presión sobre su...

Infrastructures have been traditionally built, maintained and operated by the public sector. Road and railway networks, energy, electricity and water were traditionally designed in public sector headquarters in many countries until the eighties. Since then, and due to fiscal crisis and public...

Public investment in high speed infrastructure is a priority of the Spanish government. High speed is a technological breakthrough in transport but, from an economic point of view, the question is whether is socially worthy to allocate public funds to this transport option. The answer requires a...

Technical and Allocative efficiency are relative concepts, first it is used conventionally, to know if a producer obtain the maximum level of production, according to the amount of inputs used in the process. The second looks for to know if the producer uses the optimal amounts of inputs in the...

The present work, using concepts from the Cost General Theory and its connection with the culture economy, analyzes the viability of the film productions in Uruguay, focusing on the cost factors of the projects and their financing. The research is based on the study of fiction films released...

This paper analyzes what can be learned about the value of a statistical life (VSL) using the hedonic wage model. The time series variation of cross sectional estimates, along with the endogeneity of risk choices and the absence of adequate instruments recommends moving to panel data analysis....