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).

In 2012 the Nobel Memorial Prize in Economic Science was granted to two mathematicians, Lloyd Shapley and Alvin Roth, “for the theory of stable allocations and the practice of market design”. The market design in their theory was not […]

Until the 70’s of the last century there was a great divide in Economics. On the one hand, Microeconomics studied the individual economic behavior, whether of a firm or a consumer, and was able to construct a General Equilibrium […]

No one denies that there exist some forms of discrimination in the labor market and in many other places of our societies. There is, however, debate about the cause or causes of this discrimination and about the best ways to […]

A naïve application of simple economic models will predict that, as immigrants enter, the wages or the employment rate of native workers decrease. However, immigrants are not only workers, and they may bring with them entrepreneurship skills, so that […]

To avoid any confusion regarding the object of study a disclaimer is in order. A statistical life is not a human life. The value of a human life is a concept that cannot be easily defined, if it can […]

When analyzing the economic consequences of copyright protection one must consider first how it affects the number and quality of the works that it protects; second, which are the effects on the availability of these works, and third, how are […]

This is the ultimatum game: You are provisionally allocated USD10 with the following instructions. You have to decide a way to divide this money with another person. If she or he agrees, the division is carried out. If not, you […]

Markets are the most studied economic mechanism for two main reasons. First, they have existed in most societies. Second, at least since Adam Smith we have learned some of the interesting properties they possess. In particular, the modern General Equilibrium […]