Browsing Departament: Economia by Title

Now showing items 41-60 of 726

    • openAccess   An agent-based early warning indicator for financial market instability 

      Vidal-Tomás, David; Alfarano, Simone Springer (2019-11-21)
      Inspired by the Bank of America Merrill Lynch global breath rule, we propose an investor sentiment index based on the collective movement of stock prices in a given market. We show that the time evolution of the sentiment ...

    • closedAccess   An Agent-based Stock-flow Consistent Model of the Sustainable Transition in the Energy Sector 

      Ponta, Linda; Raberto, Marco; Teglio, Andrea; Cincotti, Silvano Elsevier (2018-03)
      In this paper, we investigate the effects on the economy of a feed-in tariff policy mechanism aimed to foster investments in renewable energy production capacity. To this purpose, we employ an enriched version of the ...

    • openAccess   An analysis of the trade balance for OECD countries using periodic integration and cointegration 

      del Barrio Castro, Tomás; Camarero, Mariam; Tamarit, Cecilio Springer Berlin Heidelberg (2015)
      We analyze imbalances in external accounts that have historically affected most developed countries. The purpose of this study was to shed some light on the sustainability of the current account for a group of OECD countries ...

    • openAccess   An approach to identifying micro behavior: How banks’ strategies influence financial cycles 

      Tedeschi, Gabriele; Recchioni, Maria Cristina; Berardi, Simone Elsevier (2018-12)
      In this paper, we show that the values of parameters of a well-calibrated model are useful in detecting micro behavior. We use a calibration procedure suitable for validating agent-based models to show how the evolution ...

    • openAccess   An experiment on Prisoner’s Dilemma with confirmed proposals 

      Attanasi, Giuseppe; García-Gallego, Aurora; Georgantzis, Nikolaos; Montesano, Aldo Elsevier (2013)
      We suggest an alternating proposals protocol with a confirmation stage as a way of solving a Prisoner’s Dilemma game. We interpret players’ proposals and (no) confirmation of outcomes of the game as a tacit communication ...

    • openAccess   An experiment on spatial competition with endogenous pricing 

      Barreda-Tarrazona, Iván; García-Gallego, Aurora; Georgantzis, Nikolaos; Andaluz Funcia, Joaquín; Gil Sanz, Agustín Elsevier (2011)
      Hotelling's (1929) principle of minimum differentiation and the alternative prediction that firms will maximally differentiate from their rivals in order to relax price competition have not been explicitly tested so far. ...

    • openAccess   An experimental analysis of the effects of imperfect compliance on technology adoption 

      Vidal-Meliá, Lidia; Arguedas, Carmen; Camacho Cuena, Eva; Zofío, José L. Springer (2021)
      We present the results of an experimental investigation on incentives to adopt cleaner abatement technologies in the presence of imperfect compliance. We consider two emission control instruments—emission taxes and tradable ...

    • closedAccess   An experimental investigation of insurance decisions in low probability and high loss risk situations 

      Ozdemir, Ozlem; MORONE, ANDREA Springer Berlin Heidelberg (2014-04)
      This experimental study investigates insurance decisions in low-probability, high-loss risk situations. Results indicate that subjects consider the probability of loss (loss size) when they make buying decisions (paying ...

    • openAccess   An experimental study on the effect of co-payment in public services 

      García-Gallego, Aurora; Georgantzis, Nikolaos; Jaber-Lopez, Tarek; Staffiero, Gianandrea Elsevier (2016-08-08)
      This paper aims to shed light on the impacts of imposing co-payment on public services, a strategy increasingly employed in the realm of publicly provided healthcare. We analyze the effect of imposing a charge for the ...

    • closedAccess   An international comparison of educational systems: a temporal analysis in presence of bad outputs 

      Giménez, Víctor; Thieme, Claudio; Prior, Diego; Tortosa-Ausina, Emili Springer Verlag (2017-02)
      This study uses the global non-radial Malmquist index to measure performance change in the educational systems of 29 countries/economies participating in PISA 2003 and 2012 for students at age 15 in the disciplines of ...

    • openAccess   An ultimatum wage bargaining experiment on trade union efficiency 

      Andreou, Adamos; Andreou, Sofia N.; García-Gallego, Aurora; Georgantzis, Nikolaos Blackwell Publishing (2011)
      We present an ultimatum wage bargaining experiment showing that a trade union facilitating non-binding communication among workers, raises wages by simultaneously increasing employers’ posted offers and toughening the ...

    • closedAccess   Analyzing discrepancies between willingness to pay and willingness to accept for freight transport attributes 

      Feo Valero, María; Arencibia, Ana Isabel; Román, Concepción Elsevier (2016)
      In this paper we use discrete choice data to analyze asymmetries in the preference for freight transport attributes. A reference dependent utility specification allowed us to test for the existence of substantial asymmetries ...

    • closedAccess   Anatomy of a Stablecoin’s failure: The Terra-Luna case 

      Briola, Antonio; Vidal-Tomás, David; Wang, Yuanrong Elsevier (2023)
      We quantitatively describe the main events that led to the Terra project’s failure in May 2022. We first review, in a systematic way, news from heterogeneous social media sources; we discuss the fragility of the Terra ...

    • closedAccess   Anchoring on Utopia: a generalization of the Kalai-Smorodinsky solution 

      Alos-Ferrer, Carlos; García-Segarra, Jaume; Ginés-Vilar, Miguel Springer (2017-11-04)
      Many bargaining solutions anchor on disagreement, allocating gains with respect to the worst-case scenario. We propose here a solution anchoring on utopia (the ideal, maximal aspirations for all agents), but yielding ...

    • openAccess   Applying the Project-Based Learning Approach in the Degree in Public Management and Administration at the University Jaume I (Spain): A Pilot Design of Degree-Based Integrative Project 

      Coltell, Oscar; Pauner Chulvi, Cristina; Budí Orduña, Vicente; Balaguer-Coll, Maria Teresa; Arnau Paradís, Andreu; Fabra Valls, Modesto; Oller Rubert, Marta International Academy of Technology, Education and Development (IATED) (2016)
      The Public Management and Administration (PMA) degree at the Universitat Jaume I (Castellon, Spain) (UJI) is relatively new, in July of 2016, the first four years cycle (2011-2012 to 2015-2016) will be completed; and the ...

    • openAccess   Approximation of integration maps of vector measures and limit representations of Banach function spaces 

      Jiménez-Fernández, Eduardo; Sánchez Pérez, Enrique A.; Werner, Dirk Polskiej Akademii Nauk, Instytut Matematyczny (2017)
      We study whether or not the integration maps of vector measures can be computed as pointwise limits of their finite rank Radon Nikodym derivatives. The positive cases are obtained by using the circle of ideas related to ...

    • closedAccess   Are bygones bygones? 

      Cubitt, Robin; Ruiz Martos, Maria J.; Starmer, Chris Springer US (2012-08)
      This article reports an experiment which tests the principle of separability, i.e. that behaviour in a dynamic choice problem is independent of history and of unreachable eventualities. Although this is a well-known principle ...

    • openAccess   Are credit screening contracts designed for men? 

      Comeig, Irene; Jaramillo-Gutiérrez, Ainhoa; Ramírez, Federico Springer (2022-03-07)
      Access to credit is key to succeed in business. Theoretical models of credit under asymmetric information classify borrowers and grant or deny credit, typically based on incentive-compatible contracts with collateral. ...

    • closedAccess   Are EU standards detrimental to Africa’s exports? 

      Kareem, Fatima Olanike; Martinez-Zarzoso, Inmaculada Elsevier (2020-06-15)
      The high costs of complying with standards adversely affect export competitiveness. Existing evidence suggests that the harmonisation of standards to international benchmarks reduces compliance costs and is less trade-inhibiting, ...

    • openAccess   Are higher wages good for business? An assessment under alternative innovation and investment scenarios 

      Caiani, Alessandro; Russo, Alberto; Gallegati, Mauro Cambridge University Press (2020)
      This paper aims at investigating the interplay between inequality, innovation dynamics, and investment behaviors in shaping the long-run patterns of growth of a closed economy. By extending the analysis proposed in Caiani ...