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An expert wishes to be approved by a receiver, who is outcome concerned. She then has an incentive to send an informative message. But if there is more than one expert competing for the receiver's approval and the latter doubts about the objectives of experts, they each have an incentive to make...
Persistent link: https://www.econbiz.de/10010903242
We analyze a general model of rationing in which agents have baselines, in addition to claims against the (insufficient) endowment of the good to be allocated. Many real-life problems fit this extended model (e.g., bankruptcy with prioritized claims, resource allocation in the public health care...
Persistent link: https://www.econbiz.de/10010903243
We model an election between two downsian candidates and a third deterministic one. There is uncertainty about the state of the world. Candidates receive signals on the state and propose a policy to implement. There are two types of voters: social concerned and biased. For both the cases in...
Persistent link: https://www.econbiz.de/10011075610
The aim of this paper is to propose a new solution for the roommate problem with strict preferences. We introduce the solution of maximum irreversibility and consider almost stable matchings (Abraham et al. [2]) and maximum stable matchings (Tan [30] [32]). We nd that almost stable matchings are...
Persistent link: https://www.econbiz.de/10010929023
The aim of this paper is to analyse whether the well-being of the 770 municipalities of Andalusia (Spain) in 2009 responded to geographical patterns. We have developed a synthetic index of well-being via the P2 Distance method that incorporates economic and non-economic indicators, and which...
Persistent link: https://www.econbiz.de/10010795513
This paper takes an axiomatic approach to find rules for allocating the value of a network when the externalities generated across components are identifiable. Two new, and different, allocation rules are defined and characterized in this context. The first one is an extension of the...
Persistent link: https://www.econbiz.de/10004989567
Este trabajo analiza si los costes irrecuperables de exportación difieren según el mercado de exportación y como ello afecta a la decisión de exportar de las empresas españolas. Dado que las pequeñas y medianas empresas presentan características distintas a las grandes empresas,...
Persistent link: https://www.econbiz.de/10004994573
We explore to what extent we can propose fixed negotiation rules as well as simple mechanisms (or protocols) that guarantee that political parties can form stable coalition-governments. We analyze the case where three parties can hold office in the form of two-party coalitions. We define the...
Persistent link: https://www.econbiz.de/10004997393
During the past ten years Dynamic Stochastic General Equilibrium (DSGE) models have become an important tool in quantitative macroeconomics. However, DSGE models was not considered as a forecasting tool until very recently. The objective of this paper is twofold. First, we compare the...
Persistent link: https://www.econbiz.de/10004997394
We analyze the problem of choosing the w contestants who will win a competition within a group of nw competitors when all jurors commonly observe who are the w best contestants but may be biased. We study conditions on the configuration of the jury so that it is possible to induce the jurors to...
Persistent link: https://www.econbiz.de/10004997395