Author Archives: José Luis Ferreira

José Luis Ferreira
José Luis Ferreira is an Associate Professor at the Economics Department in Universidad Carlos III de Madrid. He studied Economics at the University of the Basque Country and obtained his PhD at Northwestern University. He has worked also at the University of Pennsylvania, ITAM and Chapman University. His main research interests are Game Theory, Experimental Economics and Economic Methodology. His publications include articles in the Journal of Economic Theory, Games and Economic Behavior, BE Journal of Theoretical Economics, Economics and Philosophy, and Analysis. He is a member of ARP-Sociedad para el Avance del Pensamiento Crítico (Society for the advancement of critical thinking).

The last issue of the American Economic Review contains three articles on the performance of three different policies to fight poverty. Chetty et al. (2016) study a program in which families where moved from high-poverty neighborhoods to low-poverty ones, […]

When I buy in a market I only deal with myself regardless of whether the market is competitive or in the hands of a monopoly. Given the price, I choose how much to buy. In an auction to get […]

Energy sources in the modern world are mostly based on fossil fuels like oil, natural gas, and coal. They all share two main characteristics of the utmost importance for their economic analysis. First, they are depletable resources. The amount […]

“We asked for workers. We got people instead.”. Max Frisch. . In a past article, I reviewed the recent literature on the effects of immigration on the labor market. To sum up, it finds no significant negative effects on employment or […]

I consider an offer for a gym membership and decide to accept it after being overconfident that I will use it regularly, but in the end I will not. In other words, I overvalue the offered contract. The opposite […]

Standard supply and demand analysis shows that competitive markets will deliver a given commodity up to the point where costs (as perceived by producers) equal benefits (as perceiver by consumers). When both producers and consumers internalize all costs and benefits, […]

“‘Is there no way,’ said I, ‘of escaping Charybdis, and at the same time. keeping Scylla off when she is trying to harm my men?’”. -Homer, The Odyssey. . Conventional cost-benefit studies are based on marginal analysis. A decision to […]

A Spanish folk saying goes “mujer que sabe latín no tiene marido ni tiene buen fin,” which may be translated as “a women who knows Latin can expect neither a husband nor a good ending”. The saying implies how […]

The European Association of Environmental and Resource Economics has awarded its 2015 Erik Kempe Award to Ralf Martin, Mirabelle Muûls, Laure B. de Preux, and Ulrich J. Wagner for their research “Industry Compensation Under Relocation Risk: A Firm-Level Analysis of […]

In Economics, there is a number of what may be called equivalence theorems. They indicate how two seemingly different economic mechanisms are equivalent in most or all of their consequences. Typically the equivalence may be established under certain conditions […]