Publications

The equilibrium-value convergence for the multiple-partners game, by Chenghong Luo, David Pérez-Castrillo, and Chaoran Sun, Journal of Economic Theory, 105870, 2024.

Constrained-optimal tradewise-stable outcomes in the one-sided assignment game: A solution concept weaker than the core, by David Pérez-Castrillo and Marilda Sotomayor, Economic Theory 76, 963–994, 2023.

Similar-to-me effects in the grant application process: Applicants, panelists, and the likelihood of obtaining funds, by Albert Banal-Estañol, Inés Macho-Stadler, Qianshuo Liu, and David Pérez-Castrillo, R&D Management 53, 819-839, 2023.

Early individual stakeholders, first venture capital investment, and exit in the UK startup ecosystem, by Albert Banal-Estañol, Inés Macho-Stadler, Jonás Nieto-Postigo, and David Pérez-Castrillo, Journal of Corporate Finance 80, 102420, 2023.

The proportional ordinal Shapley solution for pure exchange economies, by David Pérez-Castrillo and Chaoran Sun, Games and Economic Behavior 135, 96-109, 2022

Value-free reductions, by David Pérez-Castrillo and Chaoran Sun, Games and Economic Behavior 130, 543-568, 2021.

Goal-oriented agents in a market, by Inés Macho-Stadler, David Pérez-Castrillo, and Nicolas Quérou, Journal of Economic Psychology 84, 102378, 2021.

Agency theory meets matching theory, by Inés Macho-Stadler and David Pérez-Castrillo, SERIEs: Journal of the Spanish Economic Association 12, 1-33, 2021.

Extensions of the Shapley value for Environments with Externalities, by Inés Macho-Stadler, David Pérez-Castrillo, and David Wettstein, in the Handbook of the Shapley Value Ch. 8, E. Algaba, V. Fragnelli, and J. Sánchez-Soriano (eds.), Taylor & Francis Group, 2020.

Evaluation in Research Funding Agencies: Are Structurally Diverse Teams Biased Against?, by Albert Banal-Estañol, Inés Macho-Stadler, and David Pérez-Castrillo, Research Policy 48, 1823-1840, 2019.

Les étapes du financement de la recherche académique : de la soumission en partenariat jusqu'à l'attribution et les publications, by Albert Banal-Estañol, Inés Macho-Stadler, and David Pérez-Castrillo, Revue Economique 70 (5), 625-654, 2019. (Working paper in English: Funding Academic Research: Grant Application, Partnership, Award, and Output.)

Comparative Statics in the Multiple-partners Assignment Game, by David Pérez-Castrillo and Marilda Sotomayor, Games and Economic Behavior 114, 177-192, 2019.

Firms' Innovation Strategy under the Shadow of Analyst Coverage, by Bing Guo, David Pérez-Castrillo, and Anna Toldrá-Simats, Journal of Financial Economics 131, 456-483, 2019.

Values for environments with externalities - The average approach, by Inés Macho-Stadler, David Pérez-Castrillo, and David Wettstein, Games and Economic Behavior 108, 49-64, 2018.

Endogenous Matching in University-Industry Collaboration: Theory and Empirical Evidence from the UK, by Albert Banal-Estañol, Inés Macho-Stadler, and David Pérez-Castrillo, Management Science 64 (4), 1591-1608, 2018.

Moral Hazard: Base Models and Two Extensions, by Inés Macho-Stadler and David Pérez-Castrillo, in the Handbook of Game Theory and Industrial Organization Vol 1, L.C. Corchón and M.A. Marini (eds.), Edward Elgar, 2018.

On the Manipulability of Competitive Equilibrium Rules in Many-to-many Buyer-Seller Markets, by David Pérez-Castrillo and Marilda Sotomayor, International Journal of Game Theory 46 (4), 1137-1161, 2017.

The Outcome of Competitive Equilibrium Rules in Buyer-Seller Markets when the Agents Play Strategically, by David Pérez-Castrillo and Marilda Sotomayor, Economic Theory 64 (1), 99–119, 2017.

Private versus Social Incentives for Pharmaceutical Innovation, by Paula González, Inés Macho-Stadler and David Pérez-Castrillo, Journal of Health Economics 50, 286–297, 2016.

Discrimination in a Model of Contests with Incomplete Information about Ability, by David Pérez-Castrillo and David Wettstein, International Economic Review 57 (3), 881-914, 2016.

On Marilda Sotomayor's Extraordinary Contribution to Matching Theory, by Danilo Coelho and D. Pérez-Castrillo, Journal of Dynamics and Games 2 (Special Issues on Matching: Theory and Applications, dedicated to Marilda Sotomayor on the occasion of her 70th birthday), 201-206, 2015.

Sharing the Surplus in Games with Externalities within and across Issues, by Effrosyni Diamantoudi, Inés Macho-Stadler, David Pérez-Castrillo, and Licun Xue, Economic Theory 60 (2), 315-343, 2015.

Investment, Duration, and Exit Strategies for Corporate and Independent Venture Capital-backed Start-ups, by Bing Guo, Yun Lou, and David Pérez-Castrillo, Journal of Economics and Management Strategy 24 (Special Issue: Innovation Economics II), 415–455, 2015.

Jean Tirole: Premio Nobel de Economía 2014, by David Perez-Castrillo, La Gaceta de la Real Sociedad Matemática Española 18 (1), 2015.

Coexistence of Long-term and Short-term Contracts, by Inés Macho-Stadler, David Pérez-Castrillo, and Nicolás Porteiro, Games and Economic Behavior 86, 145-164, 2014.

Copyright Licensing under Asymmetric Information, by Inés Macho-Stadler and David Pérez-Castrillo, Review of Economic Research on Copyright Issues 11 (2), 1-26, 2014. (Inaugural Lecture at the 2014 congress of the Society for Economic Research on Copyright Issues.)

Research Output from University-Industry Collaborative Projects, by Albert Banal-Estañol, Inés Macho-Stadler, and D. Pérez-Castrillo, Economic Development Quarterly 27 (1), 71-81, 2013.

Smooth multibidding mechanisms, by David Pérez-Castrillo and Nicolas Quérou, Games and Economic Behavior 76 (2), 420-438, 2012.

Egalitarian Equivalence under Asymmetric Information, by Geoffroy de Clippel, David Pérez-Castrillo and David Wettstein, Games and Economic Behavior 75 (1), 413-423, 2012.

Codes of Best Practice in Competitive Markets for Managers, by Eduard Alonso-Paulí and David Pérez-Castrillo, Economic Theory 49 (1), 113-141, 2012.

Incentives in University Technology Transfers, by Inés Macho-Stadler and David Pérez-Castrillo, International Journal of Industrial Organization 28 (special EARIE 2009), 362-367, 2010.

Optimal Monitoring to Implement Clean Technologies when Pollution is Random, by Inés Macho-Stadler and David Pérez-Castrillo, SERIEs: Journal of the Spanish Economic Association 1, 277-304, 2010.

Dividends and Weighted Values in Games with Externalities, by Inés Macho-Stadler, David Pérez-Castrillo, and David Wettstein, International Journal of Game Theory 39, 177-184, 2010.

Principal-agent Models, by Inés Macho-Stadler and David Perez-Castrillo, in Springer Encyclopedia of Complexity and Systems Science, 2009.

Designing Contracts for University Spin-offs, by Inés Macho-Stadler, David Pérez-Castrillo, and Reinhilde Veugelers, Journal of Economic and Management Strategy 17, 185-218, 2008.

Sharing the Surplus: An Extension of the Shapley Value for Environments with Externalities by Inés Macho-Stadler, David Pérez-Castrillo, and David Wettstein, Journal of Economic Theory 135, 339-356,2007.

Licensing of University Innovations: The Role of a Technology Transfer Office, by Inés Macho-Stadler, David Pérez-Castrillo, and Reinhilde Veugelers, International Journal of Industrial Organization 25, 483-510, 2007.

Choosing a Common Project: Experimental Evidence on the Multibidding Mechanism, by David Pérez-Castrillo and Robert Vészteg, Journal of Economic Behavior and Organization 63, 394-411, 2007.

Efficient Bidding with Externalities, by Inés Macho-Stadler, David Pérez-Castrillo, and David Wettstein, Games and Economic Behavior 57, 304-320, 2006.

The Principal-Agent Matching Market, by Kaniska Dam and David Pérez-Castrillo, Frontiers of Theoretical Economics, 2, N. 1, 2006.

Sequential Formation of Coalitions through Bilateral Agreements, by Inés Macho-Stadler, David Pérez-Castrillo, and Nicolás Porteiro-Fresno, International Journal of Game Theory 34, 207-228, 2006.

An Ordinal Shapley Value for Economic Environments, by David Pérez-Castrillo and David Wettstein, Journal of Economic Theory 127 (1), 296-308, 2006.

Optimal Enforcement Policy and Firms’ Emissions and Compliance with Environmental Taxes, by Inés Macho-Stadler and David Pérez-Castrillo, Journal of Environmental Economics and Management 51, 110-131, 2006.

Implementation of the Ordinal Shapley Value for a Three-Agent Economy, by David Pérez-Castrillo and David Wettstein, Economics Bulletin 3, n° 48, 1-8, 2005.

Políticas de inspección óptimas y cumplimiento fiscal, by Inés Macho-Stadler and David Pérez-Castrillo, Hacienda Pública Española/Revista de Economía Pública 173 (2), 9-45, 2005.

Forming Efficient Networks, by David Pérez-Castrillo and David Wettstein, Economics Letter 87, 83-87, 2005.

Bidding for the Surplus: Realizing Efficient Outcomes in Economic Environments, by Suresh Mutuswami, D. Pérez-Castrillo, and David Wettstein, Games and Economic Behavior 48, 111-123, 2004.

Settlement in Tax Evasion Prosecution, by Inés Macho-Stadler and David Pérez-Castrillo, Economica 71, 349-368, 2004.

Auditing Cost Overrun Claims, by David Pérez-Castrillo and Nicolas Riedinger, Journal of Economic Behavior and Organization 54, 267-285, 2004.

A Selling Mechanism, by David Pérez-Castrillo and Marilda Sotomayor, Revista Brasileira de Economia 57, 931-952, 2003.

Choosing Wisely: A Multi-Bidding Approach, by David Pérez-Castrillo and David Wettstein, American Economic Review 92, 1577-1587, 2002.

A Simple Selling and Buying Procedure, by David Pérez-Castrillo and Marilda Sotomayor, Journal of Economic Theory 103, 461-474, 2002.

Endogeneizing Know-how Flows through the Nature of R&D Investment, by Bruno Cassiman, David Pérez-Castrillo, and Reinhilde Veugelers, International Journal of Industrial Organization 20, 775-799, 2002.

Auditing with Signals, by Inés Macho-Stadler and David Pérez-Castrillo, Economica 69, 1-20, 2002.

Bidding for the Surplus: A Non-cooperative Approach to the Shapley Value, by David Pérez-Castrillo and David Wettstein, Journal of Economic Theory 100, 274-294, 2001.

Implementation of Bargaining Sets via Simple Mechanisms, by D. Pérez-Castrillo and David Wettstein, Games and Economic Behaviour 31, 106-120, 2000.

Tax Amnesties in a Dynamic Model of Tax Evasion, by Inés Macho-Stadler, Pau Olivella, and David Pérez-Castrillo, Journal of Public Economic Theory 1 (4), 439-463, 1999.

Hiring procedures to implement stable allocations, by José Alcalde, David Pérez-Castrillo, and Antonio Romero-Medina, Journal of Economic Theory 82 (2), 469-480, 1998.

Centralized and Decentralized Contracts in a Moral Hazard Environment, by Inés Macho-Stadler and David Pérez-Castrillo, Journal of Industrial Economics XLVI (4), 489-510, 1998.

Stable multilateral trade agreements, by Inés Macho-Stadler, David Pérez-Castrillo, and Clara Ponsatí, Economica 65, 161-177, 1998.

Optimal auditing with heterogeneous incomes sources, by Inés Macho-Stadler and David Pérez-Castrillo, International Economic Review 38 (4), 951-968, 1997.

Instability in the Labour Market for Researchers, by David Pérez-Castrillo, Economic Design 2 (3), 263-281, 1996.

Disclosure of Know-how in Research Joint Ventures, by David Pérez-Castrillo and Joel Sandonís, International Journal of Industrial Organization, 15 (1), 51-76, 1996.

Optimal auditing when some households need not file, by Inés Macho-Stadler and David Pérez-Castrillo, Economic Design 2 (1), 99-115, 1996.

The Role of Information in Licensing Contract Design, by Inés Macho-Stadler, Xavier Martínez-Giralt, and David Pérez-Castrillo, Research Policy 25 (1), 25-41, 1996.

Spatial Competition in the Banking System: Localization, Cross Subsidies and the Regulation of Interest Rates, by Pierre-André Chiappori, David Pérez-Castrillo, and Thierry Verdier, European Economic Review 39 (5), 889-918, 1995.

Cooperative Outcomes through Non-cooperative Games, by David Pérez-Castrillo, Games and Economic Behavior 7, 428-440, 1994.

Moral Hazard with Several Agents: the Gains from Cooperation, by Inés Macho-Stadler and David Pérez-Castrillo, International Journal of Industrial Organization 11, 73-100, 1993.

Una panorámica sobre la literatura de contratos de licencia, by David Pérez-Castrillo, Revista Española de Economía, special issue on “Research & Development”, 109-126, 1993.

On Subsidizing R&D, by David Pérez-Castrillo and Thierry Verdier, Revista Española de Economía, special issue on “Research & Development”, 9-20, 1993.

On Fuzzy Proximity Spaces, by Esteban González, David Pérez-Castrillo, and Maria Angeles de Prada, Journal of Mathematical Analysis and Applications 179 (1), 297-309, 1993.

Efectos estratégicos de las subvenciones a la I+D en un contexto internacional, by Inés Macho-Stadler and David Pérez-Castrillo, in Lecturas en Economía. En Memoria de Luis Lumbreras, ed. M.C. Gallastegui and E. Iñarra, 209-252, 1993.

A General Analysis of Rent-Seeking Games, by David Pérez-Castrillo and Thierry Verdier, Public Choice 73 (3), 335-350, 1992.

Le rôle de la délégation dans une relation d'agence, by Inés Macho-Stadler and David Pérez-Castrillo, Economie et Prévision nº102-103, 67-77, 1992.

Contrats de Licence et Asymétrie d'Information, by Inés Macho-Stadler and David Pérez-Castrillo, Annales d'Economie et de Statistique nº 24, 189-208, 1991.

Moral Hazard and Cooperation, by Inés Macho-Stadler and David Pérez-Castrillo, Economics Letters 35 (1), 17-20, 1991.

La structure industrielle dans une course au brevet avec coûts fixes et coûts variables, by David Pérez-Castrillo and Thierry Verdier, Revue Economique 42 (Novembre), 1111-1140, 1991.

Double risque moral et délégation, by Inés Macho-Stadler and David Pérez-Castrillo, Recherches Economiques de Louvain 57 (3), 277-296, 1991.

Sobre los compromisos multiperíodo en los modelos de riesgo moral repetido, by Inés Macho-Stadler and David Pérez-Castrillo, Revista Española de Economía 5, 143-158, 1988.

A Note on Fuzzy Proximity Spaces, by Esteban González, David Pérez-Castrillo, and Maria Angeles de Prada, Journal of Mathematical Analysis and Applications 133 (2), 355-358, 1988.