Economics
We adopt a continuous-time dynamical system approach to study the evolution of the state of a game driven by the willingness to reduce the total dissatisfaction of the coalitions about their payment. Inspired by the work of Grabisch and…
An important operational aspect in airport management is the allocation of fees to aircraft movements on a runway, whether operated by separate operators or under code-sharing agreements. This paper analyses the problem of determining fees…
Important game-changer economic events and transformations cause uncertainties that may affect investment decisions, capital flows, international trade, and macroeconomic variables. One such major transformation is Brexit, which refers to…
The primary goal of conditional cash transfers (CCTs) is to alleviate short-term poverty while preventing the intergenerational transmission of deprivation by promoting the accumulation of human capital among children. Although a…
The variance measures the portfolio risks the investors are taking. The investor, who holds his portfolio and doesn't trade his shares, at the current time can use the time series of the market trades that were made during the averaging…
Empirical studies using Regression Discontinuity (RD) designs often explore heterogeneous treatment effects based on pretreatment covariates, even though no formal statistical methods exist for such analyses. This has led to the widespread…
Do price regulations lead to inefficiencies and trade loss? The answer depends on the type of regulation, monetary and non-monetary factors influencing demand, technological factors affecting supply elasticities, difference between…
This paper introduces a strategic planning tool for master-planned communities designed specifically to quantify residents' subjective preferences about large investments in amenities and infrastructure projects. Drawing on data obtained…
The rapid adoption of artificial intelligence (AI) poses new and poorly understood threats to financial stability. We use a game-theoretic model to analyse the stability impact of AI, finding that it amplifies existing financial system…
This paper evaluates the effectiveness of femicide laws in combating gender-based killings of women, a major cause of premature female mortality. Focusing on Mexico, a pioneer in adopting such legislation, the paper exploits variations in…
This study addresses the impact of illicit drug use on the labour market outcomes of men in Mexico. We leverage statistical information from three waves of a comparable national survey and make use of Lewbel's heteroskedasticity-based…
We consider a package assignment problem with multiple units of indivisible items. The seller can specify preferences over partitions of their supply between buyers as packaging costs. We propose incremental costs together with a graph that…
This paper examines the determinants of fertility among women at different stages of their reproductive lives in Uruguay. To this end, we employ time series analysis methods based on data from 1968 to 2021 and panel data techniques based on…
Abundant evidence has tracked the labour market and health assimilation of immigrants, including static analyses of differences in how foreign-born and native-born residents consume health care services. However, we know much less about how…
A powerful feature in mechanism design is the ability to irrevocably commit to the rules of a mechanism. Commitment is achieved by public declaration, which enables players to verify incentive properties in advance and the outcome in…
Whereas there are recent papers on the effect of robot adoption on employment and wages, there is no evidence on how robots affect non-monetary working conditions. We explore the impact of robot adoption on several domains of non-monetary…
Understanding the role of information among disadvantaged students is crucial in explaining their investment decisions in higher education. Indeed, information barriers on the returns and the gains from completing college may explain a…
Green ammonia is emerging as a strategic intermediary within green energy supply chains, serving effectively as both an industrial commodity and hydrogen carrier. This study provides a techno-economic analysis of green ammonia supply…
This paper studies nonparametric empirical Bayes methods in a heterogeneous parameters framework that features unknown means and variances. We provide extended Tweedie's formulae that express the (infeasible) optimal estimators of…
We provide a mathematical model for the capability approach.