Department of Economics – Economics, Economía, Fundamentos, Análisis, Económico

Highlights

Full-time faculty

A multi-disciplinary team of researchers.

Publications 2017-

Featured contributions to several fields in Economics.

(Español) Prevención Covid UA

Sorry, this entry is only available in European Spanish and Valencià.

IV Workshop of the Spanish Macroeconomics Network

Upcoming seminars

Equilibrium Without Prices and Games

Ariel Rubinstein
22-Nov-2021. 14:30
Theory-Experimental Seminar

A Dynamic Model of Effort Choice in High School

Olivier De Groote
24-Nov-2021. 14:30
Applied Seminar

Recent publications

Backtesting VaR under the COVID-19 sudden changes in volatility

Castillo, B., León, A & T. Ñiguez
Finance Research Letters – Forthcoming
Belief Hedges: Applying Ambiguity Measurements to All Events and All Ambiguity Models

Baillon, Aurelien, Bleichrodt, H., Li. C & P. Wakker
Journal of Economic Theory – Forthcoming
Capital-Skill Complementarity and Biased Technical Change Across US Sectors

Pérez-Laborda, A., and F. Pérez-Sebastián
Journal of Macroeconomics – Forthcoming
Copula methods for evaluating relative tail forecasting performance

León, A & T. Ñiguez
Journal of Risk Finance – Forthcoming
Insurance Decisions under Nonperformance Risk and Ambiguity.

Lambregts, T., van Bruggen, P & H. Bleichrodt
Journal of Risk and Uncertainty – Forthcoming
Left behind, but not immobile: Living arrangements of Mexican transnational households

Bertoli S. , Gautrain.E & E. Murard
Economic Development and Cultural Change – Forthcoming
Loss-framed incentives and employee (mis-)behavior

Czibor, E., Hsu, D., Jimenez-Gomez, D., Neckerman, S,. & B. Subasi
Management Science – Forthcoming
Oil Discoveries and Protectionism: Role of News Effects

Perez-Sebastian, F., Raveh, Ohad & F. van der Ploeg
Journal of Environmental Economics and Management – Forthcoming
Polynomial adjusted Student-t densities for modeling asset returns

León, A & T. Ñiguez
European Journal of Finance – Forthcoming
Testing Dynamic Consistency and Consequentialism under Ambiguity

Bleichrodt, H., Eichberger, J., Grant, S., Kelsey, D & C. Li
European Economic Review – Forthcoming
The Impact of Health Insurance on Stockholding: a Regression Discontinuity Approach

Christelis, D., Georgarakos, D. and A. Sanz-de-Galdeano
Journal of Health Economics – Forthcoming
The Psychological Effect of a Math Signal

Albarran, P., Battaglia, M., and M. Sartarelli
Economics of Education Review. – Forthcoming
The Reflection Effect for Higher Order Risk Preferences

Bleichrodt, H & P. van Bruggen
Review of Economics and
Statistics – Forthcoming
The Role of Ethnic Characteristics in the Effect of Income Shocks on African Conflict

Manotas-Hidalgo, B, F. Pérez-Sebastián, and M.A. Campo-Bescós
World Development – Forthcoming
When Risk Perception Gets in the Way: Probability Weighting and Underprevention

Baillon, A., Bleichrodt, H., Emirmahmutoglu, A., Jaspersen, & R. Peter
Operations Research – Forthcoming
With a Little Help From My Friends: Medium Term Effects of a Remedial Education Program Targeting Roma Minority

Battaglia, M. & L. Lebedinski
Economics of Education Review – Forthcoming
Buyer Power, Product Assortment and Asymmetric Retail Formats

Faulí-Oller, R., and J. Sandonís
Bulletin of Economic Research – 2021
Correlates and Consequences of the 1918 Influenza in South Africa

de Kadt D., Fourie J., Greyling J., Murard E. & J. Norling
South African Journal of Economics – 2021
Dealing with categorical data in a multidimensional context: The Multidimensional Balanced Worth

Herrero, C and A. Villar
Social Sciences Research – 2021
Group Decisions from Individual Rankings: The Borda-Condorcet Rules

Herrero, C. and A. Villar
European Journal of Operational Research – 2021
Immigration and Preferences for Redistribution in Europe

Alesina A., Murard E. & H. Rapoport
Journal of Economic Geography – 2021
Is it a fallacy to believe in the hot hand in the NBA three-point contest?

Miller, J. B., & A. Sanjurjo
European Economic Review – 2021
Management of the SARS-CoV-2 Pandemic: Insights From Behavioral Economics

Abellán Perpiñán, J. M., Jimenez-Gomez, D., & J. del LLano
Economía de la salud de la Covid-19 – 2021
Measuring Beliefs under Ambiguity

Abdellaoui, M., Bleichrodt, H., Kemel, E & O. l’Haridon
Operations Research – 2021
On the contribution of the Markowitz model of utility to explain risky choice in experimental research

Georgalos, K., Paya, I., & D. Peel
Journal of Economic Behavior and Organization – 2021
Opportunity Advantage between Income Distributions

Herrero, C. and A. Villar
Journal of Economic Inequality – 2021
Outliers and misleading leverage effect in asymmetric GARCH-type models

Carnero, M. A. and A. Perez
Studies in Nonlinear Dynamics and Econometrics – 2021
PRINCE: An Improved Method for Measuring Incentivized Preferences

Johnson, C., Baillon, A., Bleichrodt, H., Li, Z., van Dolder, D & P. Wakker
Journal of Risk and Uncertainty – 2021
Segregation, Fertility and Son Preference: the Case of the Roma in Serbia

Battaglia, M., Chabe-Ferret, B. and L. Lebedinski
Journal of Demographic Economics – 2021
Social Pressure in Networks Induces Public Good Provision

Jimenez-Gomez, D
Games – 2021
The Transformed Gram Charlier distribution: Parametric properties and financial risk applications

León, A & T. Ñiguez
Journal of Empirical Finance – 2021
Unitary Owen Points in Cooperative Lot-Sizing Models with Backlogging

Guardiola, L.A., Meca, A, & J. Puerto
Mathematics – 2021
A comparison of Individual and Group Decision Making for Standard Gamble and Time Trade-Off

Attema, A., Bleichrodt, H., l’Haridon, O & Stefan A. Lipman
European Journal of Health Economics – 2020
A Concessions‐Based Procedure for Meta‐Bargaining Problems

Marco, M. C., Peris, J. E. & B. Subiza
Homo Oeconomicus – 2020
A Synthetic Indicator on the Impact of COVID-19 on the Community’s Health

Herrero, C. and A. Villar
PlosOne – 2020
An egalitarian approach for sharing the cost of a spanning tree

Giménez-Gómez, J., Peris. J. E. & B. Subiza
PLoS ONE – 2020
Behavioral Economics to Improve Lifestyle Choices and to Reduce Risk Factors

Abellán Perpiñán, J. M., & D. Jimenez-Gomez
Gaceta Sanitaria – 2020
Economic stress in non-poor Spanish households during the Great Recession

Ródenas, C., Martí, M., and A. León
Applied Economic Analysis – 2020
Education and adult health: Is there a causal effect?

Albarrán, P., Hidalgo-Hidalgo, M. and I. Iturbe-Ormaetxe
Social Science & Medicine – 2020
Experimental long-Term Effects of Early-Childhood and School-Age Exposure to a Conditional Cash Transfer Program

Macours, K., Maluccio, J.A., Molina-Millán, T. and L. Tejerina
Journal of Development Economics – 2020
Modeling asset returns under time-varying semi-nonparametric distributions

Leon, A. and T.M. Ñiguez
Journal of Banking and Finance – 2020
Pooling or Fooling? An Experiment on Signaling

Feri, F., Meléndez,
M.A., Ponti, G., Vega Redondo, F. and H, Yu
Journal of Economic Behavior & Organization – 2020
Regional Migration, Insurance and Economic Shocks: Evidence from Nicaragua

Molina-Millán, T
The Journal of Development Studies – 2020
Risk Aversion and the Value of Diagnostic Tests

Bleichrodt, H. Crainich, D., Eeckhoudt, L & N.Treich
Theory and Decision – 2020
Searching for the Reference Point

Baillon, A., Bleichrodt H., & V. Spinu
Management Science – 2020
Sharing the cost of maximum quality optimal spanning trees

Peris, J. E. & B. Subiza
TOP – 2020
Temporal aggregation of random walk processes and implications for economic analysis

Ahmad, Y., & I. Paya
Studies in Nonlinear Dynamics and Econometrics – 2020
Tracking the progress towards accessible, green and efficient energy: The Inclusive Green Energy index

Herrero, C., Pineda, J., Villar, A. and E. Zamorano
Applied Energy – 2020
Vertical Foreign Direct Investment: Make, Buy and Sell

Milliou, C. and J. Sandonís
Review of International Economics – 2020
A Bridge from Monty Hall to the Hot Hand: The Princple of Restricted Choice

Miller. J.B. and A. Sanjurjo
Journal of Economic Perspectives – 2019
Flexible Distribution Functions, Higher Order Preferences and Optimal Portfolio Allocations

Ñiguez T.M., Paya, I., Peel, D. and J. Perote
Quantitative Finance – 2019
Leverage effect in energy futures revisited

Carnero, M.A. and A. Perez
Energy Economics – 2019
Long-term Impacts of Conditional Cash Transfers: Review of the Evidence

Barham, T.,Macours, K., Maluccio, J.A., Molina-Millán, T. and M. Stampini
The World Bank Research Observer – 2019
Migration and co-residence choices : Evidence from Mexico

Bertoli, S. and E. Murard
Journal of Development Economics – 2019
On the Joint Consumption and Labour Supply Effects of Migration on those Left Behind

Murard, E.
The Journal of Development Studies – 2019
Overconfident people are more exposed to “black swan” events: a case study of avalanche risk

Bonini, N., Pighin, S., Rettore, E., Savadori, L., Schena, F., Tonini, S & P. Tosi
Empirical Economics – 2019
Population structure and the human development index

Herrero, C. and A. Villar
Social Indicators Research – 2019
Resolving Rabin’s Paradox

Bleichrodt, H., Doctor, J., Gao, Y., Chen Li , C., Meeker, D., & P. Wakker
Journal of Risk and Uncertainty – 2019
The Dozen Things Experimental Economists Should Do (More of)

Czibor, E., Jimenez-Gomez, D., & J. A. List
Southern Economic Journal – 2019
“The gender gap in involuntary part-time employment: the case of Spain

Denia, A., and M.D. Guillo
International Journal of Business and Social Sciences – 2019
The Public and Private Marginal Product of Capital

Lowe, M., C. Papageorgiou and F. Perez
Economica – 2019
The Value of a Statistical Life under Changes in Ambiguity

Bleichrodt, H., Courbage, C., & B. Rey
Journal of Risk and Uncertainty – 2019
A nonlinear analysis of the real exchange rate-consumption relationship

Pavlidis E., Paya I. and D. Peel
Macroeconomic Dynamics, – 2018
Advertising and Aggregate Consumption: A Bayesian DSGE Assessment

Molinari, B. and F. Turino
Economic Journal – 2018
Ambiguity Preferences for Health

Attema, A., Bleichrodt, H., & O. l’Haridon
Health Economics – 2018
Asymmetric Concession Making: An Experimental Study

Felli, C., W. Güth, E. Mata-Pérez and G.Ponti
Journal of Conflict Resolution – 2018
Discounting Health and Money: New Evidence Using a More Robust Method

Attema, A., Bleichrodt, H., l’Haridon, O., Peretti-Watel, P., & V. Seror
Journal of Risk and Uncertainty – 2018
Facts and Misconceptions about 2D:4D, Social and Risk Preferences

Alonso, J., R. Di Paolo, G. Ponti and M. Sartarelli
Frontiers in Behavioral Neuroscience – 2018
Horizontal mergers in oligopoly

Faulí-Oller, R. and J. Sandonís
Handbook of Game Theory and Industrial Organization – 2018
Learning under Ambiguity: An Experiment Using Initial Public Offerings on a Stock Market

Baillon, A., Bleichrodt, H., Keskin, U., l’Haridon, O., & C. Li
Management Science – 2018
Long-run Effects of Public Expenditure on Poverty

Hidalgo-Hidalgo, M. and I. Iturbe-Ormaeche
Journal of Economic Inequality – 2018
Macroeconomic Conditions at Entry and Injury Risk at the Workplace

Leombruni, R., T. Razzolini and F. Serti
Scandinavian Journal of Economics – 2018
Manufacturer Mergers and Product Variety in a Vertically Related Market

Milliou, C. & J. Sandonis
Journal of Industry, Competition and Trade – 2018
Preference Based Subjective Beliefs

Giaccherini, M. and G. Ponti
Games – 2018
Surprised by the Gambler’s and Hot Hand Fallacies? A Truth in the Law of Small Numbers

Miller J.B. and A. Sanjurjo
Econometrica – 2018
The Dynamics of Heterogeneous Political Party Support and Egocentric Economic Evaluations: the Scottish Case

Chrysanthou, G. and M.D. Guilló
European Journal of Political Economy – 2018
The Risk Attitudes of Professional Athletes: Optimism and Success Are Related

Bleichrodt,H., l’Haridon, O,. & D. van Ass
Decision – 2018
Upstream incentives to encourage downstream competition in a vertically separated industry

López Cuñat, Javier M. and J. Sandonís
The Singapore Economic Review – 2018
Using market expectations to test for speculative bubbles in the crude oil market

Pavlidis E., Paya I. and D. Peel
Journal of Money, Credit and Banking – 2018
What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act

Perez-Sebastian, F & O. Raveh
Regional Science and Urban Economics – 2018
A representative committee by approval balloting

Subiza, B. and J.E. Peris
Group Decision and Negotiation – 2017
China’s Domestic Trade During the Treaty-Port Era

Keller, W., J. Andrés-Santiago, and C.H. Shiue
Explorations in Economic History – 2017
Growth in Illyria: The role of Meritocracy in the Accumulation of Human Capital

Beviá, C., L. Corchón
Mathematical Social Sciences – 2017
Lower bounds on approximation errors to numerical solutions of dynamic economic models

Judd, K.L., L. Maliar and S. Maliar
Econometrica – 2017
On Finite Linear Systems Containing Strict Inequalities

Rodríguez M.M.L. and J. Vicente-Pérez
Journal of Optimization Theory and Applications – 2017
Relinquishing Power, Exploitation and Political Unemployment in Democratic Organizations

Beviá, C., L. Corchón, A. Romero-Medina
Social Choice and Welfare – 2017
Response Functions

Oyarzún, C., A. Sanjurjo and H. Nguyen
European Economic Review – 2017
Robustness: (Extended) Multiplier Preferences for the American and the Dutch Population

Baillon, A., Bleichrodt , H., Huang, Z., & R.J.D. Potter van Loon
Journal of Risk and Uncertainty – 2017
Search with multiple attributes: Theory and empirics

Sanjurjo, A.
Games and Economic Behavior – 2017
Social Motives vs Social Influence: an Experiment on Time Preferences

Rodríguez -Lara, I. and G. Ponti
Games and Economic Behavior – 2017
Testing for speculative bubbles using spot and forward prices

Pavlidis E., Paya I. and D. Peel
International Economic Review – 2017
Testosterone administration does not affect men’s rejections of low ultimatum game offers or aggressive mood

Cueva, C., R.E. Roberts, T.J. Spencer, N. Rani, M. Tempest, P.N. Tobler, J. Herbert, A. Rustichini
Hormones and Behavior – 2017
The Balanced Worth: A Procedure to Evaluate Performance in Terms of Ordered Attributes

Herrero, C. and A. Villar
Social Indicators Research – 2017
The Curse of Low Expectations: Remedial Education and Perceived Returns to Education of Roma People

Battaglia, M. and L.Lebedinski
Economics of Transition – 2017
The Herrero-Villar approach to citation impact

Albarrán, P., C.Herrero, J. Ruiz-Castillo and A. Villar
Journal of Infometrics – 2017
Vertical separation vs. independent downstream entry in an electricity network: Experimental insights

Ciarreta, A., E. Fatás, N. Georgantzis, and C.Gutiérrez-Hita
Electric Power Systems Research – 2017
Bankruptcy Problems with two References: An Impartial Compromise

Giménez-Gómez, J., A. Osorio and J.E. Peris
TOP – 2016
Capital Goods, Measured TFP and Grwoth: The Case of Spain

Díaz, A. and L. Franjo
European Economic Review – 2016
Cognitive (Ir)reflection: New Experimental Evidence

Cueva, C., I. Iturbe, E. Mata-Pérez, G. Ponti, M. Sartarelli, H. Yu, and V. Zhukova
Journal of Behavioral and Experimental Economics – 2016
Dynamic Contests with Bankruptcy: The despair effect.

Beviá, C., and L. Corchón
The B.E. Journal of Theoretical Economics (BEJTE) – 2016
Envelope Condition Method with an Application to Default Risk Models

Arellano, C., L.Maliar, S.Maliar and V.Tsyrennikov
Journal of Economic Dynamics and Control – 2016
Financing Public Goods and Attitudes Toward Immigration

Iturbe-Ormaetxe, I. and J.G.Romero
European Journal of Political Economy – 2016
Folk solution for simple minimum cost spanning tree problems

Subiza, B., J.M. Giménez-Gómez and J.E. Peris
Operations Research Letters – 2016
Handedness, Earnings, Ability and Personality. Evidence from the Lab

Sartarelli, M.
PLoS ONE – 2016
Health Cycles and Health Transitions

Chakraborty S., C. Papageorgiou and F. Perez Sebastian
Macroeconomic Dynamics – 2016
Identification of asymmetric conditional heteroscedasticity in the presence of outliers

Carnero, M.A., A. Perez and E. Ruiz
SERIEs: Journal of the Spanish Economic Association – 2016
Merger policy in R&D intensive industries

Pastor-Gosálbez, M.T and R. Fauli-Oller
Revista de Economía Aplicada – 2016
Myopic Loss Aversion under Ambiguity and Gender Effects

Iturbe-Ormaetxe, I., G. Ponti and J. Tomás
PLoS ONE – 2016
Natural Resources, Decentralization, and Risk Sharing: Can Resource Booms Unify Nations?

Perez-Sebastian F. and O. Raveh
Journal of Development Economics – 2016
Qaly-Based Cost Efectiveness Analysis

Pinto, J.L., C. Herrero and J.M. Abellán
The Oxford Handbook of Well-Being and Public Policy – 2016
Ruling Out Multiplicity of Smooth Equilibria in Dynamic Games: A Hyperbolic Discounting Example

Maliar L. and S.Maliar
Dynamic Games and Applications – 2016
Strategic sharing of a costly network

Hernández, P, J.E. Peris and J.A. Silva-Reus
Journal of Mathematical Economics – 2016
The Natural Resource Curse and Fiscal Decentralization

Perez-Sebastian F. and O. Raveh
American Journal of Agricultural Economics – 2016
Two-tier labour market reform: a quantitative general equilibrium assessment

Campanale, C. and F.Turino
Applied Economics Letters – 2016
Wealth inequality under “keeping up with the Joneses” preferences

Campanale, C.
Economic Letters – 2016
Welfare effects of downstream mergers and upstream market concentration

Faulí-Oller, R., and J. Sandonís
The Singapore Economic Review – 2016
Accessing gains from parallel computation on supercomputers

Maliar, L. and S. Maliar
Economics Bulletin – 2015
An adaptive algorithm for clustering cumulative probability distribution functions using the Kolmogorov-Smirnov two-sample test

Mora-López, L. and J. Mora
Expert Systems with Applications – 2015
Anti-piracy policy and quality differential in markets for information goods

López-Cuñat, J.M., and F. Martínez-Sánchez
European Journal of Law and Economics – 2015
Centralized vs Decentralized Contests

Beviá, C. and L. Corchón
Economics Letters – 2015
Convergence in a Dynamic Heckscher-Ohlin Model with Land

Guilló, M.D. and F. Perez-Sebastian
Review of Development Economics – 2015
Cortisol and testosterone increase financial risk taking and may destabilize markets

Cueva, C., R.E. Roberts, T.Spencer, N. Rani, M.Tempest, P.N.Tobler, J.Herbert & A.Rustichini
Nature Scientific Reports – 2015
Cortisol and testosterone increase financial risk taking and may destabilize markets

Cueva, C, Roberts, R.E., Spencer, T., Rani, N., Tempest, M., Tobler, P.N., Herbert, J., Rustichini, A.
Nature Scietific Reports – 2015
Cost Sharing Solutions Defined by Non-Negative Eigenvectors

Peris, J. E., J. A. Silva-Reus and B. Subiza
European Journal of Operational Research – 2015
Coverage of infertility treatment and fertility outcomes

Messina, A. and A. Sanz-de-Galdeano
SERIEs – 2015
Differential effects of sleep deprivation on risk attitude and inequality aversion: Evidence from an Economic Experiment

Ferrara, M., A. Bottasso, D. Tempesta, M. Carrieri, L. De Gennaro and G.Ponti
PLoS ONE – 2015
Duality for closed convex functions and evenly convex functions

Martínez-Legaz, J.E., J. Vicente-Pérez and M. Volle
Journal of Optimization Theory and Applications – 2015
Equal Access to Education: An Evaluation of the Roma Teaching Assistant Program in Serbia

Battaglia, M., and L. Lebedinski
World Development – 2015
Explaining transactions in time banks in economic crisis

Carnero, M.A., Martínez, B., and Sánchez-Mangas, R.
Applied Economics Letters – 2015
From Bargaining Solutions to Claims Rules: a Proportional Approach

Gimenez-Gómez, J., A Osorio and J. E. Peris
Games – 2015
Is financial instability male-driven? Gender and cognitive skills in experimental asset markets

Cueva, C., Rustichini, A.
Journal of Economic Behavior & Organization – 2015
Life-cycle portfolio choice with liquid and illiquid financial assets

Campanale C., C. Fugazza and F. Gomes
Journal of Monetary Economics – 2015
Losses from horizontal merger: an extension to a successive oligopoly model with product differentiation

Faulí-Oller R. and B. Mesa-Sánchez
The Manchester School – 2015
Market Failure, Government Inefficiency, and Optimal R&D Policy

Perez-Sebastian, F.
Economics Letters – 2015
Merging Simulation and Projection Aproaches to Solve High-Dimensional Problems with an Application to a New Keynesian model

Maliar, L., and S. Maliar
Quantitative Economics – 2015
Meritocracy, Egalitarianism and the Stability of Majoritarian Organizations

Barberá, S.,C. Beviá, and C. Ponsatì
Games and Economic Behavior – 2015
Migration, Health Knowledge and Teenage Fertility: Evidence from Mexico

Battaglia, M.
SERIEs: Journal of the Spanish Economic Association – 2015
Neoclassical Growth and the Natural Resource Curse Puzzle

Guilló, M.D. and F. Perez-Sebastian
Journal of International Economics – 2015
Participation and solidarity in redistribution mechanisms

Giménez-Gómez, J. and J.E. Peris
The Czech Economic Review – 2015
Relative Concerns on Visible Consumption: A Source of Economic Distortions

Quintana-Domeque, C., Turino, F.
The B.E. Journal of Theoretical Economics – 2015
Relative Difference Contest Success Function

Beviá, C., and L. Corchón
Theory and Decision – 2015
Rental Housing Discrimination and the Persistence of Ethnic Enclaves

Bosch, M., M. A. Carnero, and L. Farré
SERIEs: Journal of the Spanish Economic Association – 2015
Robust solutions to multi-objective linear programs with uncertain data

Goberna, M.A., V. Jeyakumar, G. Li and J. Vicente-Pérez
European Journal of Operational Research – 2015
Robust SOS-convex polynomial optimization problems: exact SDP relaxations

Jeyakumar, V., G. Li and J. Vicente-PérezG.
Optimization Letters – 2015
Salience of social security contributions and employment

Iturbe-Ormaetxe, I.
International Tax and Public Finance – 2015
Search, Memory, and Choice Error: An Experiment

Adam Sanjurjo
PloS One – 2015
Social Preferences

Cabrales, A. and G. Ponti
Palgrave. Experimental Economics I – 2015
Social preferences and cognitive reflection: evidence from a dictator game experiment

Ponti, G. and I. Rodríguez-Lara
Frontiers in Behavioral Neuroscience – 2015

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