We consider two specific network structures, the star and the line, and study the set of bilateral alternating-offers bargaining procedures for the pairs of connected agents. Agents have complementary information and bargain over the relative price of their pieces of information. We characterize...

Human development and urban development play essential and intimately interacting roles in economic development. The availability and cost of the basic inputs in health, education, work and housing depend on the urban-rural context. On the other hand urban growth is shaped by the cumulus of...

We propose a merchant-regulatory framework to promote investment in the European natural-gas network infrastructure based on a price cap over two-part tariffs. As suggested by Vogelsang (2001) and Hogan et al., (2010), a profit maximizing network operator (NO) facing this regulatory constraint...

This paper examines the impact that household and village level characteristics have on environmental dependence and participation in resource extraction decisions. Contrary to previous studies that have used case studies or regional samples, I use a nationally representative sample of rural...

In this article we analyze how different characteristics of a social network are associated to different types of resources required by the individuals that constitute the network and their objectives. To attain this goal, we develop and conduct a survey, using random sampling, in a...

The legacy of Adam Smith leads to a false confidence on the optimality of laissez faire policies for the global market economy. Instead, the polarized character of current globalization deeply affects both developed and underdeveloped economies. Current globalization is characterized by factor...

The objective of this paper is to discuss the assumptions of rationality of individuals in their use and acquisition of information to make financial institutions produce information that is rationally used by individuals. The frictions associated with asymmetric information problems or lack of...

We model a situation in which the voters are or not fooled by the local or/and the federal government, and their capability of accounting the behavior of the governments, when they are not fully informed about which are services/goods that each level have to provide, and hence they are not able...

Agriculture and rural development policies in Mexico have experienced a profound reform process over the last two decades, including the ejido reform of 1992, the liberalisation of agricultural markets under the North American Free Trade Agreement (Nafta, between 1994 to 2008), and the...

This study presents a synthesis of the international literature on health systems and poverty, with the aim of contributing to inform health policy reforms in Mexico on the basis of the best current evidence available. The synthesis covers the performance of health systems in terms of equity and...