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An aternative approach to the theory of employment: self-employment versus wage employment
(Centro de Investigación y Docencia Ecónomicas, 1997)
This paper presents a simple model illustrating an alternative approach to modelling employment in which instead of distinguishing between households and firms as is conventional, I work with market-oriented household-producers ...
Group reputations under anonymity
(Centro de Investigación y Docencia Económicas, División de Economía, 1998)
This paper studies incentives to invest in·'group reputations' when the latter result from the inability of certain agents to recognize their partners from past interactions; (i.e., anonymity). It does this by embedding ...
Trading in names under moral hazard
(Centro de Investigación y Docencia Económicas, División de Economía, 1998)
Does the posibility of selling one's reputation (name) improve the average quality sold in an economy by reducing incentives to cheat towards the end of an interaction? lt is shown in the context of various economies with ...
Choosing one's identity
(Centro de Investigación y Docencia Económicas, División de Economía, 1998)
This paper has two parts: In the first part, it presents a way of formalizing identity choice issues. In the main part, it looks at the incentive firms have to differentiate themselves by means of choosing meaningless, ...
A solution to the partnership problem under symmetric technologies and disutilities
(Centro de Investigación y Docencia Económicas, División de Economía, 1997)
This paper characterizes the second best solution to the "partnership problem" with budget balancing under the assumption of perfect substitutability of efforts and restrictions on the disutility of efforts. In this latter ...
Prices and reputation
(Centro de Investigación y Docencia Económicas, División de Economía, 1999)
Este trabajo estudia el rol de Jos precios en los mercados reputacionales. Presenta una versión modificada del modelo de Milgrom y Roberts 1982, que sustituye un juego de señalización en cada episodio por el juego de entrada ...