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Seminario 19/12: Rosa Ferrer (UPF) – Consumers’ costly response to product-harm crises

Using an ideal setting from a major food safety crisis, we estimate a full demand model for the unsafe product and its substitutes and recover consumers’ preference parameters. Counterfactual exercises quantify the relevance of different mechanisms –changes in safety perceptions, idiosyncratic tastes, nutritional characteristics, and prices–driving consumers’ response. We find that consumers’ reaction is limited…

social-welfare

Seminario 19/11: David Jiménez Gómez (U. Alicante) – Nudging and phishing: a theory of behavioral welfare economics

Abstract: Nudges, which are interventions that do not restrict choice, have become widespread in policy applications. I develop a general and tractable framework to analyze the welfare implications of nudges. In this framework, individuals suffer from internalities (their utility when choosing is different from their welfare-determining utility) and choice and welfare depend on the environment,…

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Seminario 19/10: Daniel Gallardo-Albarrán (University of Groningen) – Beyond optimism and pessimism: A composite perspective on British living standards during the industrial revolution

Abstract Few topics in economic history have received more attention than the profound transformations undergone by Great Britain during the 18th and 19th century. Even though the positive outcomes of this process for human living standards nowadays are not disputed, the same does not apply to the century spanning from 1750 to 1850 in Great…

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Seminario 19/9: Luiz Fernando Saraiva y Rita Almico (Universidade Federal Fluminense/Brasil) – Raíces esclavas de la modernización capitalista en Brasil (1872 – 1920)

Abstract La investigación busca interpretar el proceso de crecimiento de la economía brasileña de la mitad del siglo XIX y principios del siglo XX reconociendo la importancia fundamental que el trabajo esclavo y los seres humanos esclavizados tuvieron en ese proceso. Utilizando datos estadísticos y demográficos, intentamos demostrar la estrecha y difícil relación entre esclavitud…

Sport

Seminario 19/8: Juan de Dios Moreno Ternero (Universidad Pablo de Olavide de Sevilla)- A family of rules to share the revenues from broadcasting sport events

Abstract: We consider the problem of sharing the revenues from broadcasting sport league events, introduced by Bergantiños and Moreno-Ternero (2019). We characterize a family of rules compromising between two focal and somewhat polar rules: the equal-split rule and concede-and-divide. The characterization only makes use of three basic axioms: equal treatment of equals, additivity and maximum…