In this paper, we study the relationship between reconciliations in the Colombian electricity market and the bid prices by firms on the spot market. In this work,we propose a model of behavior of the firm to elaborate theoretical predictions about the relationship between the reconciliations and...

We present a two-firm model of predation under complete information, based on different discount factors, and integrate it with a model of collusion. Competition, collusion and predation are seen as alternative strategies. The basic conclusions are that t

En este artículo se presenta una descripción de la industria detelevisión en Colombia haciendo distinción entre el servicio de televisióncerrada (o por suscripción) y el de televisión abierta. En elcaso de este último, se propone un modelo coalicional para hacer unaaproximación a la...

Este trabajo presenta un modelo de depredación bajo condiciones de información completa y lo integra con un modelo de colusión. La competencia, la colusión y la depredación son estrategias alternativas de las dos empresas que se incluyen en el modelo. Las conclusiones básicas son que hay...

In this paper, we study the relationship between reconciliations in the Colombian electricity market and the bid prices by firms on the spot market. In this work,we propose a model of behavior of the firm to elaborate theoretical predictions about the relationship between the reconciliations and...

This paper seeks to understand the factors that could make knowledge-intensive services a facilitating sector for sustained growth in Argentina, as well as those that limit its expansion and internationalization. The sector's recent evolution—characterized by a period of boom followed by...

The relationship with the environment is a key area in the twenty-first century university and higher education institutions to recognize the media as a vital and strategic tools to facilitate and enhance that relationship. In search of greater inclusion in society, the university had acquired a...

It is very difficult to quantify the value of information in general because its value is relative depending on the circumstances of its production, distribution and consumption. The only clear measure for everybody, and the one that is of interest for a country's economy, is the amount of money...

Achieving economic benefits from satisfying the needs of customers is and will be the main objective of any company in the sense of being an organization that seeks to create value. In the current environment it seems almost impossible to satisfy the needs of the clients and the difficulty of...