We present a game-theoretical model that accounts for abundant experimental evidence from games with non-binding communication (‘cheap talk’). It is based on two key ideas: People are conditionally averse to break norms of honesty and fairness (i.e., the emotional cost of breaking a norm is...

In this paper, we characterize optimal regulatory policies composed of pollution standards, probabilities of inspection and fines for non-compliance, in a context where both monitoring and sanctioning are socially costly, and penalties may include gravity and non-gravity components at the...

This paper extends the annuity demand theory, giving new reasons for the small annuities demand. Regarding this problem, Yaari (1965) claims, under the condition that no one can die in debt, that a selfish consumer will fully annuitized her savings, insofar as annuity asset yield dominate...

En este artículo se analiza desde un punto de vista teórico y en el marco de un modelo de búsqueda, los efectos ambiguos del acceso a mejores ofertas salariales sobre la probabilidad final de que un individuo acepte un empleo. A fin de superar dicha ambigüedad analizamos los efectos sobre el...

Por commuting se entiende los desplazamientos de los habitantes de un área metropolitana desde su lugar de residencia hasta el de trabajo u ocio. La intensidad, dirección y estabilidad de los desplazamientos laborales aportan una valiosa información acerca de las fuerzas que impulsan el...

This paper will attempt to reflect on the processes of international technology transfer at the beginning of European industrialization. During this period, when the achievement and the spread of technical innovations were vital to the acceleration of economic growth, the more underdeveloped...

El trabajo efectúa un análisis de la evolución del sector ferroviario durante la Guerra Civil española (1936-1939). Se trata de un tema que hasta el momento ha recibido una escasa atención y que consideramos puede ayudar a comprender el comportamiento de uno de los principales sectores...

Commercial regulations of the Hispanic monarchy gave great importance to the relations between the metropolis and its colonies. In times of war, Spain was not able to supply her colonies by its own means. Her incapacity of maintaining the imperial communications forced Spanish government to open...

This paper explores the nature and implications of nineteenth century patent law in two late-industrializing countries: Spain and Mexico. Both inherited earlier ancien regime monopoly practices, both adopted aspects of modern, codified patent systems in the early nineteenth century, and both...

En este trabajo se pretende analizar los diversos paradigmas y trayectorias tecnológicas relacionados con las máquinas térmicas a lo largo del siglo XIX y primeras décadas del XX para reflexionar sobre la dinámica evolutiva y lógica interna del propio proceso de innovación en el sector,...