This paper presents the main conclusions of what in Industrial Organization Theory is known as Collusion Theory. It contains a critique to its methodology and implications and also suggests that this theory is not appropriate for Antitrust Legislation, si

In this note we show that a general underestimation of the social cost of monopoly exists in the literature. This is so because the concept of producer surplus is not weld understood. The main conclusion arrived in this note is that the existence of produ

We use artificial cohort data for Santiago de Chile (1957 to 1996) to analyze labor market performance of specific cohort and age groups. We are particularly concerned with the relevance of this methodology to evaluate labor market performance indicators

Using a sample of 680 and 1,300 judicial and private auctions respectively, we analyze the effect on the wealth of those the law is intended to protect of different regulations applicable to each type of auctions. We find that consistent with a simple economic model, Courts assign judicial...

The voucher in education firmly relies on the parent´s ability to choose their child´s school. One factor which may reduce this choice is the presence of switching costs, caused by factors such as the stress that children experience and the loss of social networks. We develop a methodology...

The positive impact that competition has on performance in most industries, has been questioned in the "education industry." The idea that competition is limited, that parents don't choose schools for their children considering quality and that schools do not react to that choice is in the...

This paper uses different methods to evaluate the performance of students of public, subsidized, and private schools; distinguishing among for-profit and non-profit schools.

In this paper we investigate the effect of class attendance on academic performance, and evaluate the existence and importance of minimum attendance requirement thresholds. We found that attendance has a relevant and statistically significant impact on performance, together with the existence of...