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Relationship between spatial agglomeration and hotel prices. Evidence from business and tourism consumers
(Elsevier, 2013-06)
In this paper we examine the relationship between number of local competitors and both the average and the dispersion of retail prices in urban hotels using a dataset from the metropolitan area of Madrid (Spain). By ...
The effect of rating agencies on herd behaviour
(Springer Berlin Heidelberg, 2014-04)
This paper purports to provide some evidence on the effect of rating agencies in financial markets. By means of a laboratory experiment, we investigate the effect and interaction between private and public information. We ...
Der dichte Kern des Netzwerks deutscher Aufsichtsräte und Unternehmensvorstände
(Springer-Verlag, 2012-11)
In a previous study the authors have identified a small core of directors who are both highly central to the entire network of German corporate boards as well as closely connected among themselves. In this note the authors ...
Stochastic regional convergence in China: the role of regional clusters in a nonlinear perspective (1952–2007)
(Wiley, 2014)
This paper investigates the notion of stochastic convergence behaviour across the Chinese
provinces. Unlike previous works, the present paper takes into account the economic geography by
examining the regional clusters ...
An experimental investigation of insurance decisions in low probability and high loss risk situations
(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 ...
Port facilities, regional spillovers and exports: empirical evidence from Spain
(Wiley, 2014)
This paper analyses whether regions benefit from their neighbours’ transport facili-ties. We focus on ports and estimate a gravity model of trade that includes port facilitiesindicators as explanatory variables. The model ...
Paying for observable luck
(Wiley, 2011-05-30)
This article examines why CEOs are rewarded for luck, namely for observable shocks beyond their control. I propose a simple hidden action model where the agent has implicit incentives to avoid bankruptcy. After signing the ...
An international comparison of educational systems: a temporal analysis in presence of bad outputs
(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 ...
The analysis of convergence in ecological indicators: An application to the Mediterranean fisheries
(Elsevier, 2017-07)
Ecological indicators are increasingly used to examine the evolution of natural ecosystems and the impacts of human activities. Assessing their trends to develop comparative analyses is essential. We introduce the analysis ...
Super-additivity and concavity are equivalent for Pareto optimal -agent bargaining solutions
(Elsevier, 2017-08)
We show that, for Pareto optimal n-player bargaining solutions, the conditions of super-additivity and concavity are equivalent. Further, either condition implies homogeneity.