Resultados globales: 6 registros encontrados en 0.02 segundos.
Artículos, Encontrados 1 registros
Documentos de investigación, Encontrados 5 registros
Artículos Encontrados 1 registros  
1.
34 p, 226.8 KB La Crema : a case study of mutual fire insurance / Cabrales, Antonio 1964- (Universitat Pompeu Fabra) ; Calvó Armengol, Antoni (Universitat Autònoma de Barcelona) ; Jackson, Matthew O. (California Institute of Technology)
We analyze a mutual fire insurance mechanism used in Andorra, which is called La Crema in the local language. This mechanism relies on households' announced property values to determine how much a household is reimbursed in the case of a fire and how payments are apportioned among other households. [...]
honestly report the true value of their property. However, such honest reporting is not an equilibrium except in the extreme case in which the property values are identical for all households. Nevertheless, as the size of the society becomes large, the benefits from deviating from truthful reporting vanish, and all the nondegenerate equilibria of the mechanism are nearly truthful and approximately Pareto efficient.

2003 - 10.1086/367680
Journal of Political Economy, Vol. 111 Núm. 2 (2003) , p. 425-458  

Documentos de investigación Encontrados 5 registros  
1.
48 p, 577.9 KB Risk-sharing and contagion network / Cabrales, Antonio, 1964- ; Gottardi, Piero ; Vega-Redondo, Fernando
We investigate the properties of financial networks that allow to optimally solve the trade-off between higher risk-sharing and contagion. With continuous shock distributions, the optimum features the segmentation of the system of firms into disjoint components, with uniform exposure within them. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.

2016 (ADEMU Working Paper Series ; 29)  
2.
47 p, 288.0 KB Immigration and the school system / Albornoz, Facundo ; Cabrales, Antonio, 1964- ; Hauk, Esther ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
Immigration is an important problem in many societies, and it has wide-ranging effects on the educational systems of host countries. There is a now a large empirical literature, but very little theoretical work on this topic. [...]
2012 (Working papers ; 888.11)  
3.
35 p, 1.5 MB Democracy and the curse of natural resources / Hauk, Esther (Institut d'Anàlisi Econòmica) ; Cabrales, Antonio, 1964- (Universidad Carlos III) ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
We propose a theoretical model to explain empirical regularities related to the curse of natural resources. This is an explicitly political model which emphasizes the behavior and incentives of politicians. [...]
2007 (Working papers ; 709.07)  
4.
32 p, 226.4 KB The Determinants of pricing in pharmaceuticals : are U.S. prices really higher than those of Canada? / Cabrales, Antonio, 1964- (Universidad Carlos III) ; Jiménez Martín, Sergi (Institut d'Anàlisi Econòmica) ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
This paper studies price determination in pharmaceutical markets using data for 25 countries, six years and a comprehensive list of products from the MIDAS IMS database. We show that market power and the quality of the product has a significantly positive impact of prices. [...]
2007 (Working papers ; 697.07)  
5.
41 p, 2.8 MB Forward induction and the excess capacity puzzle : an experimental investigation / Brandts, Jordi ; Cabrales, Antonio, 1964- ; Charness, Gary ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
While the theoretical industrial organization literature has long argued that excess capacity can be used to deter entry into markets, there is little empirical evidence that incumbent firms effectively behave in this way. [...]
2006 (Working papers ; 586.03)  

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