Research literature

Research literature 39 records found  beginprevious27 - 36next  jump to record: Search took 0.00 seconds. 
27.
36 p, 365.4 KB An ordinal shapley value for economic environments / Pérez-Castrillo, David ; Wettstein, David ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
We propose a new solution concept to address the problem of sharing a surplus among the agents generating it. The sharing problem is formulated in the preferences-endowments space. The solution is defined in a recursive manner incorporating notions of consistency and fairness and relying on properties satisfied by the Shapley value for Transferable Utility (TU) games. [...]
2006 (Working papers ; 560.03) - 10.1016/j.jet.2004.11.007  
28.
7 p, 156.3 KB Forming efficient networks / Pérez-Castrillo, David ; Wettstein, David ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
In this paper, we suggest a simple sequential mechanism whose subgame perfect equilibria give rise to efficient networks. Moreover, the payoffs received by the agents coincide with their Shapley value in an appropriately defined cooperative game.
2006 (Working papers ; 609.04)  
29.
29 p, 282.2 KB Sharing the surplus : a just and efficient proposal for environments with externalities / Macho Stadler, Inés ; Pérez-Castrillo, David ; Wettstein, David ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
Economic activities, both on the macro and micro level, often entail wide-spread externalities. This in turn leads to disputes regarding the compensation levels to the various parties affected. We propose a general, yet simple, method of deciding upon the distribution of the gains (costs) of cooperation in the presence of externalities. [...]
2006 (Working papers ; 611.04)  
30.
26 p, 338.5 KB Optimal enforcement policy and firms' emissions and compliance with environmental taxes / Macho Stadler, Inés ; Pérez-Castrillo, David ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
In a market where firms with different characteristics decide upon both the level of emissions and their reports, we study the optimal audit policy for an enforcement agency whose objective is to minimize the level of emissions. [...]
2006 (Working papers ; 612.04)  
31.
32 p, 337.3 KB An ordinal shapley value for economic environments (Revised version) / Pérez-Castrillo, David ; Wettstein, David ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
We propose a new solution concept to address the problem of sharing a surplus among the agents generating it. The problem is formulated in the preferences-endowments space. The solution is defined recursively, incorporating notions of consistency and fairness and relying on properties satisfied by the Shapley value for Transferable Utility (TU) games. [...]
2006 (Working papers ; 634.04)  
32.
41 p, 310.1 KB Experimental evidence on the multibidding mechanism / Pérez-Castrillo, David ; Ferenc, Veszteg Róbert ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
Pérez-Castrillo and Wettstein (2002) and Veszteg (2004) propose the use of a multibidding mechanism for situations where agents have to choose a common project. Examples are decisions involving public goods (or public "bads"). [...]
2006 (Working papers ; 638.05)  
33.
23 p, 250.7 KB Efficient bidding with externalities / Macho Stadler, Inés ; Pérez-Castrillo, David ; Wettstein, David ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
We implement a family of efficient proposals to share benefits generated in environments with externalities. These proposals extend the Shapley value to games with externalities and are parametrized through the method by which the externalities are averaged. [...]
2006 (Working papers ; 641.05) - 10.1016/j.geb.2005.12.002  
34.
10 p, 146.8 KB Implementation of the ordinal shapley value for a three-agent economy / Pérez-Castrillo, David ; Wettstein, David ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
We propose a simple mechanism that implements the Ordinal Shapley Value (Pérez-Castrillo and Wettstein [2005]) for economies with three or less agents.
2006 (Working papers ; 647.05)  
35.
155 p, 860.6 KB Auctions, mechanisms and uncertainty / Ferenc, Veszteg Róbert ; Pérez-Castrillo, David, dir. (Universitat Autònoma de Barcelona. Departament d'Economia i d'Història Econòmica)
Los mecanismos que permiten la interacción de los individuos tienen un gran impacto sobre los resultados de esta interacción. La teoría económica de diseño de mecanismos estudia el diseño de procedimientos de decisión social en situaciones en la cuales los agentes económicos guardan información privada y se comportan, la utilizan, de forma estratégica. [...]
Mechanisms through which individuals interact may have important impact on the outcomes of this interaction. The economic theory of mechanism design is concerned with the design of social decision procedures for situations in which economic agents own relevant private information and behave, i. [...]

Bellaterra : Universitat Autònoma de Barcelona, 2005  
36.
31 p, 1.2 MB Contractual agreements and endogenous partnerships in moral hazard economies : submitted in partial fulfilment of the requirements for the degree of Doctor in Economics at the Universitat Autònoma de Barcelona, May 2003 / Dam, Kaniska ; Pérez-Castrillo, David, dir. (Universitat Autònoma de Barcelona. Departament d'Economia i d'Història Econòmica)
The main goal of this thesis is to analyse contractual agreements and partnership formation in two-sided markets that are characterised by moral hazard problems.
Bellaterra : Universitat Autònoma de Barcelona, 2004
3 documents

Research literature : 39 records found   beginprevious27 - 36next  jump to record:
See also: similar author names
70 Pérez-Castrillo, David
12 Pérez-Castrillo, David,
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