This paper investigates optimal audit programs in an economy populated by artificial agents. The behavior of the artificial agents is calibrated using data obtained from experiments on fiscal evasion made in northern Chile (Antofagasta) and northern Italy (Trento). We identify a tax collection...

Purpose – The purpose of this paper is to explain the onshore satisfaction of cruise passengers, in the port of call of Cartagena de Indias. Design/methodology/approach – A questionnaire was given to 1,361 passengers of 28 cruise ships during October and November of 2009, then factor...

This paper gives a contribution to the debate on regional convergence by comparing the long run prediction of convergence clubs introduced by Quah (1996 and 1997) with the actual observed dynamics of the Italian regions during the period 1970–2004. To this end we analyze the evolution of per...

<title>Abstract</title> This paper computes the cost of traffic congestion in the city of Antofagasta in Chile. A microsimulation is implemented where all the agents of the system travel across the transport network. The congestion cost is computed through the aggregation of the opportunity cost of people...

Este trabajo explica, desde un punto de vista empírico, parte del problema de convergencia de las provincias argentinas, complementando el método tradicional de beta y sigma convergencia (considerando distintas variables de análisis) con los métodos recientes de estudio de la dinámica de...

Exchanges nowadays routinely operate multiple, almost identically structured limit order markets for the same security. We study the effects of such fragmentation on market performance using a dynamic model where agents trade strategically across two identically-organized limit order books. We...