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In this work we ask is there a best model for uncertainty decisions? . ¿Which is the status of Simon bounded rationality: an alternative or complentary to traditional VNM theory?. ¿What has been the place of Prospect Theory?. We analize some paradoxes in order to explain some extentions and...
Persistent link: https://www.econbiz.de/10010859353
We analize the regulation established by the Banco de México in 2010 to commissions by interbank transactions at ATMs. Under a space model with a duopoly, we endogenize ATM deployment, account fees and ATM fees. We show that the commissions by interbank transactions remain unchanged. The...
Persistent link: https://www.econbiz.de/10011171650
We claim that economic agents driven by imitative behavior may impact the industrial specialization of national economies. We use a simple two-country model, where workers and firms decide to be skilled (or unskilled) and innovative (or non-innovative). We show that comparative advantages and...
Persistent link: https://www.econbiz.de/10015242053
We claim that economic agents driven by imitative behavior may impact the industrial specialization of national economies. We use a simple two-country model, where workers and firms decide to be skilled (or unskilled) and innovative (or non-innovative). We show that comparative advantages and...
Persistent link: https://www.econbiz.de/10011112758
This paper analyzes the cultural evolution of firms and workers. Following an imitation rule, each firm and worker decides whether to be innovative (or not) and skilled (or unskilled). We apply evolutionary game theory to find the system of replicator dynamics, and characterize the low-level and...
Persistent link: https://www.econbiz.de/10008691738
In this article, the authors undertake a scientific assessment of economic integration in North America from a NAFTA perspective. An analysis around the creation of NAFTA, the cooperation that exists between the three North American economies, as well as the challenges that they face with...
Persistent link: https://www.econbiz.de/10008466877
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Este trabajo, de carácter metodológico, esta motivado por dos preocupaciones: La primera se relaciona con un intento para discriminar entre la literatura comunicada por las revistas académicas de Economía. La segunda se refiere a la relación, poca o mucha, que hay entre los modelos de...
Persistent link: https://www.econbiz.de/10009145834
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