It is commonly argued that in recent years pharmaceutical companies have directed their R&D towards small improvements of existing compounds instead of more risky drastic innovations. In this paper we show that the proliferation of these small innovations is likely to be linked to the lack of...

El objetivo de este trabajo es discutir y analizar el concepto de la responsabilidad social corporativa (RSC) desde la teoria económica. Para ello usamos un modelo sencillo que nos permite clarificar algunos aspectos del debate que rodea la RSC. Observamos como la motivación subyacente en las...

En este trabajo analizamos la normativa española concerniente al problema de las bajas temerarias en las subastas de obras publicas, tomando como marco de referencia un modelo teórico desarrollado en Calveras, Ganuza y Hauk (2001). Después de exponer este modelo de bajas temerarias (basado en...

This paper analyzes the interaction between the market of premium contents and the next generation network industry. We assume structural separation between the network and service operators (platforms) and the comparative advantage of the service operators depends on the access to premium...

The deployment of fibre based Next Generation Access Networks (NGANs) entails a crisis dilemma. During crisis, public administrations are eager to actively impulse investment in NGANs since the deployment of these networks may increase productivity in the long run and promote economic recovery...

We study the standard economic model of unilateral accidents under the assumption that the injurers have limited assets. We identify a second-best optimal rule that selects as due care the minimum of first-best care and a level of care that takes into account the wealth of the injurer. We show...

Las Redes de Nueva Generación (Next Generation Networks, NGNs) basadas en fibra óptica están revolucionando el sector de las telecomunicaciones. Reemplazar el cobre por fibra permitirá mejorar drásticamente las prestaciones de las redes actuales, alcanzando velocidades de acceso de más de...

We analyze the impact of different types of international conventions that require signatory countries to penalize domestic firms that are found to have bribed foreign public officials. We analyze enforcement of penalties under a convention styled after the OECD's 'Convention on Combating...