Browsing Ikerlanak by Issue Date
Now showing items 1-20 of 110
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La evolución de la intensidad energética de la industria vasca entre 1982-2001: Un análisis de descomposición
(2003)In this article an index decomposition methodology is used to estimate the effect of intersectorial and intrasectorial changes in explaining the 38% reduction in industrial energy intensity in the Basque Autonomous Community ... -
Egalitarian distributions in coalitional models: The Lorenz criterion
(2003-01)The paper presents a framework where the most important single-valued solutions in the literature of TU games are jointly analyzed. The paper also suggests that similar frameworks may be useful for other coalitional models. -
A Model of Evolutionay Drift
(2003-02)Drift appears to be crucial to study the stability properties of Nash equilibria in a component specifying different out-of-equilibrium behaviour. We propose a new microeconomic model of drift to be added to the learning ... -
Privatización de pensiones y provisión de garantías: una exploración del caso español
(2003-07)Los sistemas de pensiones públicas de reparto con prestación definida a lo largo del mundo se están convirtiendo a planes de aportación definida capitalizados, donde los agentes eligen sus carteras de acciones y bonos. A ... -
Profit and Cost in "Modern" Post-Marxian Profit Theory: A Case Study from Varian's "Intermediate Microeconomics"
(2003-09)In this paper, I examine the treatment of competitive profit of professor Varian in his textbook on Microeconomics, as a representative of the “modern” post-Marxian view on competitive profit. I show how, on the one hand, ... -
The Supercore for Normal Form Games
(2003-10)We study the supercore of a system derived from a normal form game. For the case of a finite game with pure strategies, we define a sequence of games and show that the supercore of that system coincides with the set of ... -
International and Intergenerational Dimensions of Climate Change: North-South Cooperation in an Overlapping Generations Framework
(2003-12)Global environmental problems such as climate change have both an international and an intertemporal dimension. Recently, some papers have used an overlapping generations framework to analyze the climate change problem ... -
Timing of Wage Setting when Firms Invest in R&D
(2003-12)In this paper, we analyze the effect that the timing of wage setting (i. e. whether wages set sequentially or simultaneously) has on the investment in R&D of firms, when that investment increases the productivity of labor, ... -
An Approach to the stability of international environmental agreements: the absorbing sets solution
(2003-12)We study international environmental negotiations when agreements between countries can not be binding. A problem with this kind of negotiations is that countries have incentives for free-riding from such agreements. We ... -
A Fundamental Contradiction in Standard Rent Theory: A Case Study on Varian's "Intermediate Microeconomics"
(2004)In this paper, I examine Varian’s treatment of rent in his textbook on Microeconomics. I argue that he holds contradictory conceptions: sometimes rent is defined as surplus over cost whereas sometimes it is defined as cost, ... -
Cost-Saving production technologies and strategic delegation
(2004-02)This work analyzes a managerial delegation model in which firms that produce a differentiated good can choose between two production technologies: a low marginal cost technology and a high marginal cost technology. For ... -
Valoración de la garantía de los planes de pensiones en España
(2004-09)Algunas reformas de la Seguridad Social animan u obligan a los individuos a pasar desde un sistema de pensiones con prestación definida gestionado públicamente a otro de aportación definida gestionado privadamente. Con ... -
Choice of Flexible Production Technologies Under Strategic Delegation
(2004-09)This work analyzes a managerial delegation model in which firms can choose between a flexible production technology which allows them to produce two different products and a dedicated production technology which limits ... -
Internal Organization of Firms and Cartel Formation
(2004-12)We introduce and characterize a new solution concept for TU games. The new soluction is called SD-prenucleolus and is a lexicographic value although is not a weighted prenucleolus. The SD-prenucleolus satisfies several ... -
Profit as Cost versus Profit as Surplus over Cost: A Case Study on Varian's "Intermediate Microeconomics"
(UPV/EHU. Departamento de Fundamentos del Análisis Económico I/Ekonomi Analisiaren Oinarriak I Saila, 2004-12)On the analysis of Varian’s textbook on Microeconomics, which I take to be a representative of the standard view, I argue that Varian provides two contrary notions of profit, namely, profit as surplus over cost and profit ... -
Mas-Colell, Whinston and Green Versus Scitovsky on Profit and Utility Maximization
(2005)I contrast the theoretical foundation of profit maximization of Mas-Colell, Whinston and Green’s “Microeconomics” against that provided by Scitovsky in a paper of 1943. Whereas Mas-Colell, Whinston and Green try to show ... -
Admissible Hierachic Sets
(2005-05)In this paper we present a solution concept for abstract systems called the admissible hierarchic set. The solution we propose is a refinement of the hierarchic solution, a generalization of the von Neumann and Morgenstern ... -
Implementing with veto players: a simple non cooperative game
(2005-06)The paper adapts a non cooperative game presented by Dagan, Serrano and Volij (1997) for bankruptcy problems to the context of TU veto balanced games. We investigate the relationship between the Nash outcomes of a ... -
A Behavioral Foundation for Models of Evolutionary Drift
(2005-07)Binmore and Samuelson (1999) have shown that perturbations (drift) are crucial to study the stability properties of Nash equilibria. We contribute to this literature by providing a behavioural foundation for models of ... -
Valuing Flexibility: The case of an Integrated Gasification Combined Cycle Power Plant
(2005-10)In this paper we analyze the valuation of options stemming from the flexibility in an Integrated Gasification Combined Cycle (IGCC) Power Plant. First we use as a base case the opportunity to invest in a Natural Gas Combined ...