Examining the privatization experience of case studies, within Brazil, Argentina, Chile, Bolivia, Peru, and Colombia, this book evaluates the empirical evidence on privatization and assesses the validity of the criticisms raised to show that privatization can lead to increased profitability and...

In this paper we show that a homogeneous-product market with multiple Bertrand equilibria becomes a market with a single Bertrand equilibrium when we introduce a small degree of product differentiation. When differentiation tends to zero, that Bertrand equilibrium converges to the unique...

This paper presents a model of the penalty-kick game between a soccer goalkeeper and a kicker, in which there is uncertainty about the kicker’s type (and there are two possible types of kicker). To find a solution for this game we use the concept of Bayesian equilibrium, and we find that,...

Este trabajo propone un método para analizar bases de datos lingüísticas utilizando regresiones con sistemas de ecuaciones simultáneas, y aplica dicho método a una base de datos de 100 idiomas y cuatro variables fonológicas (número de consonantes, número de vocales, distinción por...

Este trabajo propone un procedimiento para evaluar la posible existencia de correlación negativa entre complejidad fonológica, morfológica y sintáctica de diferentes idiomas. El procedimiento se basa en el uso de coeficientes de correlación parcial, variables instrumentales y sistemas de...