Microeconomics

Does corruption boost or harm firms’ performance in developing and emerging economies? A firm-level study

Martins, L., J. Cerdeira and Aurora Teixeira; "Does corruption boost or harm firms’ performance in developing and emerging economies? A firm-level study", The World Economy, forthcoming.  

Complementary Monopolies with asymmetric information

Laussel, D. and Joana Resende; "Complementary Monopolies with asymmetric information",  Economic Theory, forthcoming.

The curse of knowledge: having access to customer information can reduce monopoly profits

Laussel, Didier, Ngo Van Long and Joana Resende; “The curse of knowledge: having access to customer information can reduce monopoly profits”, RAND Journal of Economics, forthcoming.  

Self-rejecting mechanisms

Correia-da-Silva, João (2020); "Self-rejecting mechanisms", Games and Economic Behavior, 120, pp. 434-457.  

Agglomeration and industry spillover effects in the aftermath of a credit crunch

Jorge, José and Joana Rocha (2020); "Agglomeration and industry spillover effects in the aftermath of a credit crunch", International Journal of Central Banking.

Marketplace or reselling? A signalling model

Belhadj, Nada, Didier Laussel and Joana Resende (2020); "Marketplace or reselling? A signalling model", Information Economics and Policy, 50, 100834.    

Merging social computing with content: A proposal of a new film platform, Avids

Governo, F., Aurora Teixeira and Ana Margarida Brochado; "Merging social computing with content: A proposal of a new film platform, Avids ", Behaviour & Information Technology, forthcoming.

Feedback effects between credit ratings and financial markets

Jorge, José (2019); "Feedback effects between credit ratings and financial markets", Economic Modelling, 80, pp. 328-338.  

Designing Optimal M&A Strategies under Uncertainty

Lukas, Elmar; Paulo J. Pereira and Artur Rodrigues (2019); "Designing Optimal M&A Strategies under Uncertainty", Journal of Economic Dynamics & Control, 104, pp. 1-20.  

Investment Decisions with Finite-Lived Collars

Adkins, Roger, Dean Paxson, Paulo J. Pereira and Artur Rodrigues (2019); "Investment Decisions with Finite-Lived Collars", Journal of Economic Dynamics & Control, 103, pp. 185-204.  

Horizontal mergers between multi-sided platforms: Insights from Cournot competition

Correia-da-Silva, João, Bruno Jullien, Yassine Lefouili and Joana Pinho (2019); "Horizontal mergers between multi-sided platforms: Insights from Cournot competition", Journal of Economics & Management Strategy, Special Issue, 28(1), pp. 109-124.

Personalized Pricing and Advertising: Who are the Winners?

Esteves, Rosa Branca and Joana Resende (2019); "Personalized Pricing and Advertising: Who are the Winners?", International Journal of Industrial Organization, 63, pp. 269-282.

Investing in a Random Start American Option Under Competition

Pereira, P.J. and A. Rodrigues (2019); "Investing in a Random Start American Option Under Competition", Finance Research Letters, 28, pp. 388-397.

The impact of the decision environment on consumer choice of mobile service plans: an experimental examination

Martins, Maria Lurdes and Helena Szrek (2019); "The impact of the decision environment on consumer choice of mobile service plans: an experimental examination", Utility Policy,  56, pp. 20-32.

FDI, Income Inequality and Poverty: A Time Series Analysis of Portugal, 1973-2016

Teixeira, A.A.C. and Ana Sofia Loureiro (2019); "FDI, Income Inequality and Poverty: A Time Series Analysis of Portugal, 1973-2016", Portuguese Economic Journal, 18(3), pp. 203–249.

Maximum Entropy: A Stochastic Frontier Approach for Electricity Distribution Regulation

Elvira Silva, Pedro Macedo e Isabel Soares (2019); "Maximum Entropy: A Stochastic Frontier Approach for Electricity Distribution Regulation", Journal of Regulatory Economics, 55, pp.237–257.  

Non-Compete Covenants, Litigation and Garden Leaves

Azevedo, A., P.J. Pereira and A. Rodrigues (2018); "Non-Compete Covenants, Litigation and Garden Leaves", Journal of Business Research, 88, pp. 197-211.

Who cares about the day after tomorrow? Pension issues when households are myopic or time inconsistent

Börsch-Supan A., K. Härtl and D. N. Leite (2018); "Who cares about the day after tomorrow? Pension issues when households are myopic or time inconsistent", Review of Development Economics, 22(3), pp. 953-989.

Earnings test, non-actuarial adjustments and flexible retirement

Börsch-Supan A., K. Härtl and D.N. Leite (2018); "Earnings test, non-actuarial adjustments and flexible retirement",  Economics Letters, 173, pp. 78-83.

Quantifying the coordinated effects of partial horizontal acquisitions

Brito, Duarte, Ricardo Ribeiro and Hélder Vasconcelos (2018); "Quantifying the coordinated effects of partial horizontal acquisitions", European Economic Review, 110, pp. 108-149.

Collusion in mixed oligopolies and the coordinated effects of privatization

Correia-da-Silva, João and Joana Pinho (2018); "Collusion in mixed oligopolies and the coordinated effects of privatization", Journal of Economics, 124(1), pp. 19–-55.

An Option Pricing Approach to Optimal Bidding in Construction Projects

Ribeiro, J., P.J. Pereira and E. Brandão (2018); "An Option Pricing Approach to Optimal Bidding in Construction Projects", Managerial and Decision Economics, 39(2), pp. 171–-179.

The Impact of Foreign Direct Investment on Home Country Exports

Silva, Vera and Rosa Forte (2018); "The Impact of Foreign Direct Investment on Home Country Exports", Journal of International Commerce, Economics and Policy, 9,(1-2), 1850005.

Optimal Contingent Payment Mechanisms and Entrepreneurial Financing Decisions

Tavares-Gärtner, M., P.J. Pereira and E. Brandão (2018); "Optimal Contingent Payment Mechanisms and Entrepreneurial Financing Decisions", European Journal of Operational Research, 270(3), pp. 1182-1194.

Sequential Mergers and Antitrust Authority's Decisions in Stackelberg Markets

Vasconcelos, Hélder and Mariana Cunha (2018); "Sequential Mergers and Antitrust Authority'’s Decisions in Stackelberg Markets", Journal of Industry, Competition and Trade, 18(3), pp. 373-394.

Productivity shocks in a union-duopoly model

Brandão, António and Joana Pinho (2018); "Productivity shocks in a union-duopoly model", The Manchester School, 86 (6), pp. 722-756.

An empirical analysis of the demographic trends in Least Developed Countries

Nagarajan, R., A.A.C. Teixeira and S. T. Silva (2017); An empirical analysis of the demographic trends in Least Developed Countries, Ageing International, 42(3), pp. 251-273.

Is there still a Berlin Wall in the post-issue operating performance of European IPOs?

Pereira, Tiago Pinho and Miguel Sousa (2017); "Is there still a Berlin Wall in the post-issue operating performance of European IPOs?", International Journal of Finance & Economics, 22(2), pp. 139-158.

Non-Competition Covenants in Acquisition Deals

Azevedo, A., P.J. Pereira and A. Rodrigues (2016); "Non-Competition Covenants in Acquisition Deals", Economics Letters, 143, pp. 61-65.

Public Stimulus for Private Investment: An Extended Real Options Approach

Barbosa, D., V. Carvalho and P.J. Pereira (2016); "Public Stimulus for Private Investment: An Extended Real Options Approach", Economic Modelling, 52B, pp. 742-748.

Fiscal Multipliers in the 21st Century

Brinca, Pedro, Hans A. Holter, Per Krusell and Laurence Malafry (2016); "Fiscal Multipliers in the 21st Century", Journal of Monetary Economics, 63(1), pp. 53-69.

The ECBs OMTs: A tale of governments, investors, and the central bank

Cassola, Nuno and José Jorge (2016); "The ECB’s OMTs: A tale of governments, investors, and the central bank", Journal of International Money and Finance, 65, pp. 94-–116.

Is stochastic Volatility Relevant for Dynamic Portfolio Choice Under Ambiguity?

Faria, Gonçalo and João Correia-da-Silva (2016); Is stochastic Volatility Relevant for Dynamic Portfolio Choice Under Ambiguity?, European Journal of Finance, 22(7), pp. 601-626.

A Meta-Analytic Reassessment of the Effects of Inequality on Growth

Neves, Pedro C., Óscar Afonso and Sandra Tavares Silva (2016); "A Meta-Analytic Reassessment of the Effects of Inequality on Growth", World Development, 78, pp. 386-400.

Nesting vertical and horizontal differentiation in two-sided markets

Ribeiro, Vitor Miguel, João Correia-da-Silva and Joana Resende (2016); "Nesting vertical and horizontal differentiation in two-sided markets", Bulletin of Economic Research, 68, pp. 133-145.

Assessing Welfare Impacts of Some Debt-Consolidation Episodes in the European Union

Viegas, Miguel and Ana Paula Ribeiro (2016); "Assessing Welfare Impacts of Some Debt-Consolidation Episodes in the European Union", Macroeconomic Dynamics, 20(5), pp. 1146-1173.

Two-period Economies with Price-contingent Deliveries

Correia-da-Silva, João (2015); "Two-period Economies with Price-contingent Deliveries; Economic Theory", Economic Theory, 59(3), pp.  509-525.

A Compensation Scheme for Optimal Investment Decisions

Cardoso, D. and P. J. Pereira (2015); "A Compensation Scheme for Optimal Investment Decisions", Finance Research Letters, 14, pp. 150-159.

Inter-firm Bundling and Vertical Product Differentiation

Brito, Duarte and Hélder Vasconcelos (2015); "Inter-firm Bundling and Vertical Product Differentiation", Scandinavian Journal of Economics, 117(1), pp. 1-27.

Asymmetric information and Exchange of information about product differentiation

Brandão, António and Joana Pinho (2015); "Asymmetric information and Exchange of information about product differentiation", Bulletin of Economics Research, 67(2), pp. 166-185.

A Cournot Model for Analysing the Effects of an Open Skies Agreement

Alves, Vera and Rosa Forte (2015); "A Cournot Model for Analysing the Effects of an Open Skies Agreement", Journal of Air Transport Management, 42, pp. 125-134.

Demand Uncertainty and Hospital Costs: An Application to Portuguese Public Hospitals

Almeida, Álvaro S. and Joana F. Cima (2015); "Demand Uncertainty and Hospital Costs: An Application to Portuguese Public Hospitals", The European Journal of Health Economics, 16(1), pp. 35-45.

Price Discrimination under Customer Recognition and Mergers

Esteves, Rosa Branca and Hélder Vasconcelos (2015); "Price Discrimination under Customer Recognition and Mergers", Journal of Economics & Management Strategy, 24(3), pp. 523-549.

Is Exclusionary Pricing Anticompetitive in Two-Sided Markets?

Vasconcelos, Hélder (2015); "Is Exclusionary Pricing Anticompetitive in Two-Sided Markets?", International Journal of Industrial Organization, 40, pp. 1-10.

The use of game theory in regional economics: A quantitative retrospective

Silva, Sandra. T., Isabel Mota and Filipe Grilo (2015); "The use of game theory in regional economics: A quantitative retrospective", Papers in Regional Science, 94, pp. 421–441.

Serial entrepreneurship, learning by doing and self-selection

Rocha, Vera, Anabela Carneiro and Celeste Varum (2015); "Serial entrepreneurship, learning by doing and self-selection", International Journal of Industrial Organization, 40, pp. 91-106.

Mergers in Stackelberg Markets with Efficiency Gains

Cunha, Mariana and Hélder Vasconcelos (2015); "Mergers in Stackelberg Markets with Efficiency Gains", Journal of Industry Competition and Trade, 15(2), pp. 105-134.

A Closed-form Solution for Options with Ambiguity About Stochastic Volatility

Faria, Gonçalo and João Correia-da-Silva (2014); "A Closed-form Solution for Options with Ambiguity About Stochastic Volatility", Review of Derivatives Research, 17(2), pp. 125-159.

Investment Decisions in Finite-Lived Monopolies

Pereira, Paulo J. and Artur Rodrigues (2014); "Investment Decisions in Finite-Lived Monopolies", Journal of Economic Dynamics & Control, 46, pp. 219-236.

Marketing and Technology Sophistication as Key Determinants of the Demand for ‘Art House’ Cinema Films: A Cross Country Analysis

Governo, Fernando and Aurora Teixeira (2014); "Marketing and Technology Sophistication as Key Determinants of the Demand for ‘Art House’ Cinema Films: A Cross Country Analysis", Tékhne - Review of Applied Management Studies, 12(1-2), pp. 15-25.

Renewable Energies Impacting the Optimal Generation Mix: The Case of the Iberian Electricity Market

Mendes, Carla and Isabel Soares (2014); "Renewable Energies Impacting the Optimal Generation Mix: The Case of the Iberian Electricity Market", Energy, 69, pp. 23-33.

Irrelevance of Private Information in Two-period Economies with More Goods than States of Nature

Correia-da-Silva, João and Carlos Hervés-Beloso (2014); "Irrelevance of Private Information in Two-period Economies with More Goods than States of Nature",  Economic Theory, 55(2), pp. 439-455.

Bundled Discounts: Strategic Substitutes or Complements?

Brito, Duarte and Hélder Vasconcelos (2014); "Bundled Discounts: Strategic Substitutes or Complements?", Economics Letters, 124(2), pp. 278-282.

Economic Slowdowns, Hazard Rates and Foreign Ownership

Varum, Celeste, Vera Rocha and Hélder Valente (2014); "Economic Slowdowns, Hazard Rates and Foreign Ownership", International Business Review, 23(4), pp. 761-773.

Investment dynamics with information costs

Verona, Fabio (2014); "Investment dynamics with information costs",  Journal of Money Credit and Banking, 46(8), pp. 1627-1656.

Anti-Competitive Impact of Pseudo-Generics

Rodrigues, Vasco, Ricardo Gonçalves and Hélder Vasconcelos (2014); "Anti-Competitive Impact of Pseudo-Generics", Journal of Industry, Competition and Trade, 14(1), pp. 83-98.

Does Vertical Integration Promote Downstream Incomplete Collusion? An Evaluation of Static and Dynamic Stability

Cunha, Mariana and Paula Sarmento (2014); "Does Vertical Integration Promote Downstream Incomplete Collusion? An Evaluation of Static and Dynamic Stability", Journal of Industry, Competition and Trade, 14(1), pp. 1-38.

Labor Demand Research: Towards a Better Match Between Better Theory and Better Data

Addison, John T., Pedro Portugal and José Varejão (2015); "Labor Demand Research: Towards a Better Match Between Better Theory and Better Data", Labour Economics, 30, pp. 4-11.

Regulating a Manager Whose Empire-building Preferences Are Private Information

Borges, Ana Pinto, João Correia-da-Silva and Didier Laussel (2014); "Regulating a Manager Whose Empire-building Preferences Are Private Information", Journal of Economics, 111(2), pp. 105-130.

Measuring Unilateral Effects in Partial Horizontal Acquisitions

Brito, Duarte, Ricardo Ribeiro and Hélder Vasconcelos (2014); "Measuring Unilateral Effects in Partial Horizontal Acquisitions", International Journal of Industrial Organization, 33, pp. 22-36.

Free Daily Newspapers: Too Strong Incentives to Print?

Correia-da-Silva, João and Joana Resende (2013); "Free Daily Newspapers: Too Strong Incentives to Print?", Portuguese Economic Journal, 12(2), pp. 113-130.

Models of Spatial Competition: A Critical Review

Biscaia, Ricardo and Isabel Mota (2013); "Models of Spatial Competition: A Critical Review", Papers in Regional Science, 92(4), pp. 851-871.

Investment Decisions under Hidden Competition

Pereira, Paulo and Manuel Armada (2013); "Investment Decisions under Hidden Competition",  Economics Letters, 121(2), pp. 228-231.

Optimal Investment with Two-Factor Uncertainty

Armada, Manuel R., Paulo J. Pereira and Artur Rodrigues (2013); "Optimal Investment with Two-Factor Uncertainty", Mathematics and Financial Economics, 7(5), 509-530.

Animal Spirits and the Composition of Innovation in a Lab-Equipment R&D Model with Transition

Gil, Pedro (2013); "Animal Spirits and the Composition of Innovation in a Lab-Equipment R&D Model with Transition", Journal of Economics, 108(1), pp.  1-33.

Comparing Strategies of Collaborative Networks for R&D: An Agent-based Study

Campos, Pedro, Pavel Brazdil and Isabel Mota (2013); "Comparing Strategies of Collaborative Networks for R&D: An Agent-based Study", Computational Economics, 42(1), pp. 1-22.

Sanding the Wheels of Growth: Cheating by Economics and Business Students and 'Real World' Corruption

Teixeira, Aurora (2013); "Sanding the Wheels of Growth: Cheating by Economics and Business Students and 'Real World' Corruption", Journal of Academic Ethics, 11(4), pp. 269-274.

Optimal Subsidies and Guarantees in Public-Private Partnerships

Armada, Manuel R., Paulo Jorge Pereira and Artur J. Rodrigues (2012); "Optimal Subsidies and Guarantees in Public-Private Partnerships", European Journal of Finance, 18(5), pp. 469-495.

An Evolutionary Model of Industry Dynamics and Firms' Institutional Behavior with Job Search, Bargaining and Matching

Silva, Sandra T., Jorge Valente and Aurora Teixeira (2012); "An Evolutionary Model of Industry Dynamics and Firms' Institutional Behavior with Job Search, Bargaining and Matching", Journal of Economic Interaction and Coordination, 7(1), pp. 63-77.

General Equilibrium in Economies with Uncertain Delivery

Correia-da-Silva, João and Carlos Hervés-Beloso (2012); "General Equilibrium in Economies with Uncertain Delivery", Economic Theory, 51(3), pp. 729-755.

Differentiated Credence Goods and Price Competition

Gabszewicz Jean J. and Joana Resende (2012); "Differentiated Credence Goods and Price Competition", Information, Economics and Policy,  24(3-4), pp. 277-287.

The Price of Unobservables and the Employer Size-Wage Premium

Cerejeira, João and Paulo Guimarães (2012); "The Price of Unobservables and the Employer Size-Wage Premium", Economics Letters, 117(3), pp. 878-880.

Investment under Uncertainty: the Nature of Demand Shocks and the Expected Profitability of Capital

Gil, Pedro (2012); "Investment under Uncertainty: the Nature of Demand Shocks and the Expected Profitability of Capital", Economics Letters, 114(2), pp. 154-156.

Which Manufacturing Firms Learn By Exporting?

Silva, Armando, Óscar Afonso and Ana Paula Africano (2012); "Which Manufacturing Firms Learn By Exporting?", Journal of International Trade & Economic Development,  21(6), pp. 773-805.

The Price of Risk and Ambiguity in an Intertemporal General Equilibrium Model of Asset Prices

Faria, Gonçalo and João Correia-da-Silva (2012); "The Price of Risk and Ambiguity in an Intertemporal General Equilibrium Model of Asset Prices", Annals of Finance, 8(4), pp. 507-531.

Vaccine Supply: Effects of Regulation and Competition

Danzon, Patricia M. and Nuno Sousa Pereira (2011); "Vaccine Supply: Effects of Regulation and Competition", International Journal of the Economics of Business, 18(2), pp. 239-271.

Labour Decisions and Industrial Dynamics in an Evolutionary Model: A Neglected Modelling Approach

Silva, Sandra T. and Aurora Teixeira (2011); "Labour Decisions and Industrial Dynamics in an Evolutionary Model: A Neglected Modelling Approach", Evolutionary and Institutional Economics Review, 7(2), pp. 295-331.

Optimal Investment Decisions for Two Positioned Firms Competing in a Duopoly Market with Hidden Competitors

Armada, Manuel R., Lawrence Kryzanowski and Paulo J. Pereira (2011); "Optimal Investment Decisions for Two Positioned Firms Competing in a Duopoly Market with Hidden Competitors", European Financial Management, 17(2), pp. 305-330.

Vertical Integration and Right of First Refusal

Cabral, Luís and Hélder Vasconcelos (2011); "Vertical Integration and Right of First Refusal", Economics Letters, 113(1), pp. 50-53.

Costly Horizontal Differentiation

Correia-da-Silva, João and Joana Pinho (2011); "Costly Horizontal Differentiation", Portuguese Economic Journal, 10(3), pp. 165-188.

Agreeing to Disagree in a Countable Space of Equiprobable States

Correia-da-Silva, João (2010); "Agreeing to Disagree in a Countable Space of Equiprobable States", Economic Theory, 45(1-2), pp.  291-302.

Foreign Ownership and Firm Hazard During Crises: The Moderating Role of Industry's Technological Intensity

Varum, Celeste, Vera Rocha and Hélder Valente da Silva (2010); "Foreign Ownership and Firm Hazard During Crises: The Moderating Role of Industry's Technological Intensity", The Empirical Economics Letters, 9(12), pp. 1132 -1137.

Equilibrium Price Distribution with Directed Technical Change

Gil, Pedro Mazeda, Fernanda Figueiredo and Óscar Afonso (2010); "Equilibrium Price Distribution with Directed Technical Change", Economics Letters, 108 (2), pp. 130-133.

Efficiency Gains and Structural Remedies in Merger Control

Vasconcelos, Hélder (2010); "Efficiency Gains and Structural Remedies in Merger Control", Journal of Industrial Economics, 58(4), pp. 742-766.

Is Exit a Firm Failure? Facts and Theory

Brandão, António and António Marques (2010); "Is Exit a Firm Failure? Facts and Theory", Acta Oeconomica, 60(4), pp. 405-426.

Prudent Expectations Equilibrium in Economies with Uncertain Delivery

Correia-da-Silva, João and Carlos Hervés-Beloso (2009); "Prudent Expectations Equilibrium in Economies with Uncertain Delivery", Economic Theory, 39(1), pp. 67-92.

Ignorance in a Multi-agent Setting

Pereira, Samuel C.A. (2009); "Ignorance in a Multi-agent Setting", Economics Letters, 105(3), pp. 264-266.

Subjective Expectations Equilibrium in Economies with Uncertain Delivery

Correia-da-Silva, João and Carlos Hervés-Beloso (2008); "Subjective Expectations Equilibrium in Economies with Uncertain Delivery", Journal of Mathematical Economics, 44 (7-8), pp. 641-650.

Local Rank Tests in a Multivariate Nonparametric Relationship

Fortuna, Natércia (2008); "Local Rank Tests in a Multivariate Nonparametric Relationship", Journal of Econometrics, 142(1), pp. 162-182.

Effects of Adverse Selection on a Multinational Firm’s Decision on Where to Subcontract

Forte, Rosa and António Brandão (2008); "Effects of Adverse Selection on a Multinational Firm’s Decision on Where to Subcontract", Journal of Industry, Competition and Trade, 8(2), pp. 133-146.

A Signaling Model of Firms’ Foreign Direct Investment Relocation Decision

Forte, Rosa and António Brandão (2008); "A Signaling Model of Firms’ Foreign Direct Investment Relocation Decision", International Journal of the Economics of Business, 15(3), pp. 339-357.

Uncertainty and Information Accuracy in Adverse Selection

Pereira, Samuel and Paulo Sousa (2008); "Uncertainty and Information Accuracy in Adverse Selection", Economics Letters, 100(3), pp. 321-325.

Private Information: Similarity as Compatibility

Correia-da-Silva, João and Carlos Hervés-Beloso (2007); "Private Information: Similarity as Compatibility", Economic Theory, 30(3), pp. 395-407.

A Modified Finite-Lived American Exchange Option Methodology Applied to Real Options Valuation

Armada, Manuel R., Lawrence Kryzanowski and Paulo J. Pereira (2007); "A Modified Finite-Lived American Exchange Option Methodology Applied to Real Options Valuation", Global Finance Journal, 17(3), pp. 419-438.

The Political Economy of Intergovernmental Grants: Evidence from a Maturing Democracy

Veiga, Linda and Maria Manuel Pinho (2007); "The Political Economy of Intergovernmental Grants: Evidence from a Maturing Democracy", Public Choice, 133(3), pp. 457-477.

Productivity in Pharmaceutical-Biotechnology R&D: The Role of Experience and Alliances

Danzon, Patricia M., Sean Nicholson and Nuno Sousa Pereira (2005); "Productivity in Pharmaceutical-Biotechnology R&D: The Role of Experience and Alliances", Journal of Health Economics, 24(2), pp. 317-339.

The Forecasting Ability of a Cointegrated VAR System of the UK Tourism Demand for France, Spain and Portugal

Mello, Maria M. and Kevin S. Nell (2005); "The Forecasting Ability of a Cointegrated VAR System of the UK Tourism Demand for France, Spain and Portugal",  Empirical Economics, 30(2), pp. 277-308.
X