Business-science research collaboration under moral hazard

I analyze, in the context of business and science research collaboration, how the characteristics of partnership agreements are the result of an optimal contract between partners. The final outcome depends on the structure governing the partnership, and on the informational problems towards the efforts involved. The positive effect that the effort of each party has on the success of the other party, makes collaboration a preferred solution. Divergence in research goals may, however, create conflicts between partners. This paper shows how two different structures of partnership governance (a centralized, and a decentralized ones) may optimally use the type of project to motivate the supply of non-contractible efforts. Decentralized structure, however, always choose a project closer to its own preferences. Incentives may also come from monetary transfers, either from partners sharing each other benefits, or from public funds. I derive conditions under which public interventio

¿Charles Taylor en Operación Triunfo?. Análisis de la propuesta filosófico-moral de Taylor -en especial su ideal de autenticidad- y de su posible aplicación al reality show español

Aquest Treball Final de Carrera de la Llicenciatura de Periodisme de la Universitat Abat Oliba CEU té un doble objectiu: a)dur a terme una aproximació teòrico-filosòfica a la proposta cultural de Charles Taylor, i així aprofundir en l'examen dels elements centrals de la seva bibliografia -sobre tot en els pressupòsits antropològics i socials més destacats, així com també en el seu peculiar "ideal d'autenticitat"-; i b)projectar els dits fonaments teòrics en un apartat de naturalesa pràctica, com a forma de concretar la proposta del pensador nord-americà en algun dels fenòmens més interessants de la realitat mediàtica i cultural espanyola. Així, ens vam decidir per un dels programes televisius que més èxit ha tingut al nostre país als darrers temps: Operación Triunfo, donat que en tractar-se d'un concurs vinculat als somnis i a les aspiracions més profundes dels individus que hi participen, té una relació molt més estreta amb l'ideal d'autenticitat. A més, la justificació fonamental d'aquest estudi es basa en el fet que l'aportació filosòfica de Taylor és molt profitosa respecte a la situació cultural actual pels següents dos motius: a) la seva obra presenta una veritable i complerta proposta en positiu, basada en raons i arguments molt clars, que a més porten una esperança de recuperació a la societat occidental; i b) la seva crítica a la Modernitat no és totalment destructiva sinó que més aviat es basa en una comprensió correcta i una recuperació adequada del sentit originari d'algunes de les fonts morals que defineixen la nostra cultura.

Generic drugs in Spain: price competition vs. moral hazard

This paper examines competition between generic and brand-name drugs in the regulated Spanish pharmaceutical market. A nested logit demand model is specified for the three most consumed therapeutic subgroups in Spain: statins (anticholesterol), selective serotonin reuptake inhibitors (antidepressants) and proton pump inhibitors (antiulcers). The model is estimated with instrumental variables from a panel of monthly prescription data from 1999 to 2005. The dataset distinguishes between three different levels of patients’ copayments within the prescriptions and the results show that the greater the level of insurance that the patient has (and therefore the lower the patient’s copayment), the lower the proportion of generic prescriptions made by physicians. It seems that the low level of copayment has delayed the penetration of generics into the Spanish market. Additionally, the estimation of the demand model suggests that the substitution rules and promotional efforts associated with the reference pricing system have increased generic market share, and that being among the first generic entrants has an additional positive effect.

La constitució de la naturalesa moral de l'home

En aquest treball filosòfic pretenem reflexionar sobre l'origen natural del fet moral, tot fent una comparació amb fets culturals, com ara, els Drets Humans o la mutilació genital femenina. La conclusió és que la moral es basa en el sentit dels comportaments més que no els comportaments en si mateixos.

Ètica de la benevolència : Reflexions sobre el pensament moral de Robert Spaemann

Qui és Robert Spaemann?, en què consisteix l'ètica de la benevolència?, quina correlació hi ha entre la visió antropològica d'aquest filòsof i les seves propostes ètiques? El treball vol respondre aquestes i altres preguntes sobre aquest filòsof i docent, especialitzat en filosofia pràctica, que ha rebut reconeixements arreu, tot i que encara és poc conegut en el nostre país.

Sobre geografía moral

Els geògrafs s’inclouen tant en el camp de les ciències de la terra com en el de les ciències socials, tot i que també es poden considerar filòsofs morals, perquè es preocupen i s’interessen pels valors, els costums i les aspiracions humanes de no només limitar-se a sobreviure, sinó també d’aconseguir una vida fructuosa i agradable. En aquest intent per aconseguir una bona vida, els éssers humans han hagut d’organitzar-se i servir-se del poder, amb el qual és fàcil, per altra banda, cometre abusos contra els més febles i també contra la natura. El vessant moral és inevitable en qualsevol detallada consideració de la realitat humana. Aquest article pretén explorar l’esmentat vessant en societats senzilles i complexes, és a dir, tant entre els pobles caçadors-recol·lectors com en aquelles cultures més sofisticades que han transformat el camp, el jardí i la ciutat

Sobre la facticitat de la consideració moral dels animals no humans

Aquest treball s'enquadra en l'àmbit del que s'anomena bioètica animal i es desenvolupa al voltant de la consideració moral dels animals no humans a partir d'un tractament interdisciplinari que implica l'encontre de disciplines tan diverses com filosofia, història, psicologia o estudis de gènere, entre d'altres.

Assessment and reuse of contents in the competence-based educational platform InterMediActor

This paper describes a failure alert system and a methodology for content reuse in a new instructional design system called InterMediActor (IMA). IMA provides an environment for instructional content design, production and reuse, and for students’ evaluation based in content specification through a hierarchical structure of competences. The student assessment process and information extraction process for content reuse are explained.

Supporting life-long competence development using the TENCompetence infrastructure: a first experiment

This paper describes an experiment to explore the effects of the TENCompetence infrastructure for supporting lifelong competence development which is now in development. This infrastructure provides structured, multi-leveled access to learning materials, based upon competences. People can follow their own learning path, supported by a listing of competences and their components, by competence development plans attached to competences and by the possibility to mark elements as complete. We expected the PCM to have an effect on (1) control of participants of their own learning, and (2) appreciation of their learning route, (3) of the learning resources, (4) of their competence development, and (5) of the possibilities of collaboration. In the experiment, 44 Bulgarian teachers followed a distance learning course on a specific teaching methodology for six weeks. Part of them used the TENCompetence infrastructure, part used an infrastructure which was similar, except for the characterizing elements mentioned above. The results showed that in the experimental condition, more people passed the final competence assess-ment, and people felt more in control of their own learning. No differences between the two groups were found on the amount and appreciation of collaboration and on further measures of competence development.

Guiding students through competence-based educational material

Student guidance is an always desired characteristic in any educational system, butit represents special difficulty if it has to be deployed in an automated way to fulfilsuch needs in a computer supported educational tool. In this paper we explorepossible avenues relying on machine learning techniques, to be included in a nearfuture -in the form of a tutoring navigational tool- in a teleeducation platform -InterMediActor- currently under development. Since no data from that platform isavailable yet, the preliminary experiments presented in this paper are builtinterpreting every subject in the Telecommunications Degree at Universidad CarlosIII de Madrid as an aggregated macro-competence (following the methodologicalconsiderations in InterMediActor), such that marks achieved by students can beused as data for the models, to be replaced in a near future by real data directlymeasured inside InterMediActor. We evaluate the predictability of students qualifications, and we deploy a preventive early detection system -failure alert-, toidentify those students more prone to fail a certain subject such that correctivemeans can be deployed with sufficient anticipation.

Excess Entry, Ambiguity Seeking, and Competence: An Experimental Investigation

Excess entry refers to the high failure rate of new entrepreneurial ventures. Economic explanations suggest 'hit and run' entrants and risk-seeking behavior. A psychological explanation is that people (entrepreneurs) are overconfident in their abilities (Camerer & Lovallo, 1999). Characterizing entry decisions as ambiguous gambles, we alternatively suggest following Heath and Tversky (1991) that people seek ambiguity when the source of uncertainty is related to their competence. Overconfidence, as such, plays no role. This hypothesis is confirmed in an experimental study that also documents the phenomenon of reference group neglect. Finally, we emphasize the utility that people gain from engaging in activities that contribute to a sense of competence. This is an important force in economic activity that deserves more explicit attention.

Catholic Confession of Sins as Third-Party Moral Enforcement

Catholicism has built up a legalistic religion based on two pillars: salvation by works and 'auricular' confession of sins to a priest with judicial functions. Since the Reformation, many consider auricular confession inferior to less institutional and more individual conceptions of faith. This article analyzes how all these historical solutions trade off specialization advantages against exchange costs to produce moral enforcement. After showing the behavioral foundations of confession and the adaptiveness of its historical evolution, it tests hypotheses on its efficacy, exploitation and opportunity cost. Econometric evidence supports the efficacy but not the exploitative character of Catholic confession. It also explains its secular decline as a consequence of two factors. First, the rise in education, which makes moral self-enforcement less costly. Second, the productivity gap suffered by confession, given its necessarily interpersonal nature.