The development of economic institutions characterizes economic growth and promotes efficiency. For example, formal credit institutions operate in the credit market in a more efficient way than informal money lenders because they are better in reducing costs associated with financial market...

In this document we analyze the infrastructure and human resources (hospitals, beds, ORs, doctors and nurses, among others), both in the public and the private sector, to determine the installed capacity in the country to meet the potential demand that will be faced in case of universal...

This paper reports results of an experimental study of uniform multi-unit auctions in an environment of publicly known common values. We find that the bidding behavior exhibits two clear regularities: agents consistently play weakly dominated strategies by overbidding on the first unit and have...

Several studies around the globe show that Community Forest Management throughout an improved institutional design inside communities can help to reduce deforestation rate, improve forest management practices and produce a greater flow of goods and services for both communities and society. This...

We formulate a Monte Carlo EM algorithm to estimate treatment effect models involving multiple censored responses. The algorithm has at least three advantages with respect to traditional methods. First, it does not require integrating the unobserved information out from the likelihood function,...

Industrial agglomeration follows centripetal and centrifugal forces that can be indicated by industrial variety and average number of firms per industrial branch. The economic geography of the correlation of these indicators with productivity, and with competition and congestion, is reviewed....

To date, the distributive implications of incentive regulation on electricity transmission networks have not been explicitly studied in the literature. More specifically, the parameters that a regulator might use to achieve distributive efficiency under price-cap regulation have not yet been...

The main objective of this paper is to study rural poverty in Mexico using a fuzzy set approach. Results show that almost 25% of the rural households in Mexico are in a state of structural poverty. We also show the gap that prevails between the north and the south as well as the differences, in...

In this paper we analyze a repeated Principal Agent model, formulated as a Multi-Objective Optimization problem. We approximate its Pareto Frontier by using a recently proposed Multi-Objective Optimization Evolutionary Algorithm named RankMOEA. We focus on the effects of changes of productivity...

In this paper we carry out a first analysis of the behavior and determinants of the enrollment in the economics undergraduate program in Mexico for the years 1974-2004. Some characteristics of this behavior reflect trends in higher education in our country since the end of the 1970s, such as the...