This paper presents a survey on the Economics of Happiness; special attention is placed on recent research about the relationship between income and happiness. The paper discusses the epistemological and methodological foundations of the Economics of Happiness. It starts by mentioning the two...

How do we assess how happy we are? One theory is that we compare life-as-it-is with standards of how-life-should-be. In this view, happiness emerges from a cognitive evaluation that draws on socially constructed standard of the good life. Another theory holds that we rather infer happiness on...

This paper studies the competition for clients in the Mexican banking industry. Based on the New Empirical Industrial Organization literature and on the Austrian notion of rivalry, competition for customers among banks is assumed to take place in multiple dimensions, and customers’ mobility...

This investigation studies the impact on wage income of larger investment levels in human capital in Mexico. Its purpose is to evaluate the economic incentives that an agent has to make a larger investment. Following the theory on human capital, an individual, when deciding whether to continue...

This investigation studies the relationship between regulatory regimes and electric industrys performance. It follows closely the work of Steiner (2001). However, the investigation breaks with the traditional assumptions of linearity and universality in the relationship between regulatory reform...