This paper summarizes theoretical models and empirical evidence concerning political economy of public finances. It emphasizes political and institutional issues that influence different levels of public debt and fiscal deficits in countries and subnational entities with similar economic...

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,...

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,...

In the context of the team's theory, this article shows that employees will be communicated, independent of their skill endowment, have a high skill endowment. In this way, the formation teams can lead to groups whose productivity is lower than that exhibited in terms of the skills they...

We study cartel stability in a differentiated price-setting duopoly with returns to scale. We show that a cartel may be equally stable in the presence of lower differentiation, provided that the decreasing returns parameter is high. In addition we demonstrate that for a given factor of discount,...

We study cartel stability in a differentiated price-setting duopoly with returns to scale. We show that a cartel may be equally stable in the presence of lower differentiation, provided that the decreasing returns parameter is high. In addition we demonstrate that for a given factor of discount,...

Spanish Abstract: Este trabajo estudia cómo cambia la disposición a interactuar entre pares cuando observan diferentes expresiones de género y la identidad es información privada. Para esto, se realizó un experimento de campo en el que los participantes debían elegir con quién desarrollar...

Spanish Abstract: Se propone un modelo para varios enfoques alternativos de la predicción de las probabilidades involucradas a partir de procesar las señales obtenidas enviadas por los jugadores, que pueden ser empresas compitiendo en el mercado. Ellos fijan un nivel mínimo de la utilidad...

Spanish Abstract: En varios litigios relacionados con libre competencia, es frecuente encontrar argumentos que califican los mercados en los cuales existen comportamientos líder-seguidor como carentes de competencia. Este documento refuta esa afirmación y propone que la competencia en esas...

Spanish Abstract: En el contexto de una democracia precaria en el nivel local, este artículo demuestra que si el concejo está controlado mayoritariamente por concejales que promueven agendas políticas con las cuales se busca que los individuos económicamente más solventes y políticamente...