Seminario 18/20: Ana B. Ania-Martínez (U. of Vienna) – Laboratory federalism with public funds sharing

Cover-banner-Michael

Abstract: We explore the role of public funds sharing in the  framework of laboratory federalism, viewed as a learning process of policy innovation and imitation. In a model of decentralized, rich-to-poor redistribution with labor mobility, such a learning dynamics leads to the complete erosion of the welfare state. We show that suitably designed funds sharing schemes can correct this…

Seminario 18/17: Ricardo Martínez (Universidad de Granada) THE PROBLEM OF DIVIDING A BUDGET AMONG SEVERAL DISTRICTS

Budget

We study the problem of dividing a budget among the districts of a city taking into account their population and wealth. We focus on order preservation properties that ensure higher transfers to those districts with larger populations and, at the same time, introduce a policy redistribution so that districts with lower wealth per capita obtain…

Seminario 18/14: (Greys Sosic, USC Marshall School of Business, USA) Incentives and Emission Responsibility Allocation in Supply Chains

greenhouse_gas_emissions

In view of the urgency and challenges of mitigating climate change, it should be noted that Greenhouse Gas (GHG) emitted from the supply chains of the 2,500 largest global corporations accounts for about 18% of global GHG emissions. Therefore, rationalizing emissions in supply chains could make a significant contribution to achieving the CO2 emission reduction…

Seminario 18/7: CANCELADO HASTA NUEVA ORDEN Juan José Ganuza (UPF and Barcelona GSE) and Fernando Gómez (UPF)- Formal Contracts Without Courts. Scoring Suppliers to Build Trust

Formal contract

CANCELADO POR ENFERMEDAD DEL PONENTE. SE AVISARÁ CUANDO SE FIJE OTRA POSIBLE FECHA. ABSTRACT Relevant empirical findings point at the actual use of explicit (but imperfectly en- forceable) formal contracts by businesses alongside substantial informal dimensions in the relationship. In this paper we formally show the supporting role that formal contracts play for relational interactions. …

Seminario 18/05: David Jiménez Gómez (U. Alicante)- Evolution of Self-Control in the Brain

self-control

ABSTRACT. Temptation and self-control evolved as single mechanism to make humans behave against their own self-interest. I follow a recent literature in Economics on the evolution of preferences, by modeling the evolution of self-control in a principal-agent framework. The principal can obtain the first best asymptotically by biasing the utility of the agent (from which…

Seminario 17/20: Fernando Bernstein (Duke University) – A Dynamic Clustering Approach to Data-Driven Assortment Personalization

cluster

Abstract We consider an online retailer facing heterogeneous customers with initially unknown product preferences. Customers are characterized by a diverse set of demographic and transactional attributes. The retailer can personalize the customers’ assortment offerings based on available profile information to maximize cumulative revenue. To that end, the retailer must estimate customer preferences by observing transaction…

Seminario 17/16: Gloria Fiestras Janeiro (U. Vigo) – Valores para juegos TU como funciones de particiones: una revisión

game_theory

Abstract Los juegos TU como funciones de particiones son estructuras apropiadas para modelizar las ganancias/costes de una coalición teniendo en cuenta como se organizan el resto de los jugadores. En esta charla revisaremos algunos valores propuestos en la literatura, centrándonos en sus propiedades. En particular, revisaremos el valor de Myerson (Myerson 1977), el valor de…

Seminario 17/11: El-Ghazali Talbi (U. Lille) – Combining metaheuristics with mathematical programming and machine learning

OptAl

Abstract During the last years, interest on hybrid metaheuristics has risen considerably in the field of optimization and machine learning. The best results found for many optimization problems in science and industry are obtained by hybrid optimization algorithms. Combinations of optimization tools such as metaheuristics, mathematical programming, constraint programming and machine learning, have provided very…

Seminario 17/04: – José M. Giménez-Gómez (U. Rovira i Virgili) – The CO2 conflicting-claims problem

RWE rechnet 2013 mit deutlich hoeheren Strompreisen

Abstract An effective climate agreement is urgently required, yet conflict between parties prevails over cooperation. Thanks to advances in science it is now possible to quantify the global carbon budget, the amount of available cumulative CO2 emissions before crossing the 2oC threshold (Meinshausen et al., 2009). Countries carbon claims, however, exceed this. Historically such situations have been tackled…

Seminario 17/02: – Guiomar Martín-Herrán (U. Valladolid) – Retailer and Manufacturer Advertising Scheduling in a Marketing Channel

Marketing-and-Advertising

Abstract: Despite the fact that the use of sporadic advertising schedules is well established in both the advertising literature and market place, the marketing channel literature that focuses on vertical interactions has consistently prescribed continuous advertising strategies over time. This paper investigates, in a bilateral monopoly context a situation in which a manufacturer and a…