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Browsing by Author "CABRALES, Antonio"
Now showing items 1-6 of 6
Title:Risk-sharing and contagion in networks
Author(s):CABRALES, Antonio; GOTTARDI, Piero; VEGA-REDONDO, FernandoDate:2013Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The aim of this paper is to investigate how the capacity of an economic system to absorb shocks depends on the specific pattern of interconnections established among financial firms. The key trade-off at work is between ...
Title:Optimal Information Transmission in Organizations: Search and Congestion
Author(s):ARENAS, Alex; CABRALES, Antonio; DANON, Leon; DIAZ-GUILERA, Albert; GUIMERA, Roger; VEGA-REDONDO, FernandoDate:2010Type of Publication:ArticleAbstract:We propose a stylized model of a problem-solving organization whose internal communication structure is given by a fixed network. Problems arrive randomly anywhere in this network and must find their way to their respective ...
Title:Markets for Information: Of Inefficient Firewalls and Efficient Monopolies
Author(s):CABRALES, Antonio; GOTTARDI, PieroDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:In this paper we study, within a formal model, market environments where information is costly to acquire and is of use also to potential competitors. Agents may then sell, or buy, reports over the information acquired and ...
Title:Country Asymmetries, Endogenous Product Choice and the Timing of Trade Liberalization
Author(s):CABRALES, Antonio; MOTTA, MassimoDate:2001Type of Publication:ArticleAbstract:We analyze the effects of trade liberalization on firms' decisions and profits in a vertical product differentiation model with countries which have different characteristics. Firms decide product specifications at the ...
