Gino Loyola


Auctions, Negotiation, and Takeovers

• Loyola, Gino, and Yolanda Portilla (2016), “A Bargaining Model of Friendly and Hostile Takeovers”, International Review of Finance, 16(2): 291-206.

• Loyola, Gino (2012), “Optimal and Efficient Takeover Contests with Toeholds”, Journal of Financial Intermediation, 21(2): 203-216.

• Loyola, Gino (2012), “Auctions versus Negotiations in Takeovers with Initial Stakes”, Finance Research Letters, 9(3): 111-120.

Economics of Corporate Governance

• Loyola, Gino, and Yolanda Portilla (2019), “Optimal Ownership Structure and Monitoring in Entrepreneurial Firms”, Finance Research Letters, forthcoming.

• Loyola, Gino, and Yolanda Portilla (2018), “Misreporting, Optimal Incentives, and Auditing”, International Review of Finance, 18(2): 287-295.

• Loyola, Gino, and Yolanda Portilla (2014), “Reward for Failure and Executive Compensation in Institutional Investors”, Finance Research Letters, 11: 349-361.

• Loyola, Gino, and Yolanda Portilla, (2010), “Incentive Schemes and Innovative Portfolios” (in Spanish), Estudios de Economía, 37(1): 43-66.

Bargaining Theory

• Loyola, Gino (2017), “Alternative Equilibria in Two-Period Ultimatum Bargaining with Envy”, Optimization Letters, 11(4): 855-874.

• Loyola, Gino, and Sigifredo Laengle (2015), “The Ultimatum Game with Externalities”, Economic Computation and Economic Cybernetics Studies and Research, 49(4): 279-287.

• Loyola, Gino, and Sigifredo Laengle (2012), “Bargaining and Negative Externalities” Optimization Letters, 6(3): 421-430.

Optimization & Applications

• Loyola, Gino, Sigifredo Laengle, and José M. Merigó (2017), “Mean-variance portfolio selection with ordered weighted average”, IEEE Transactions on Fuzzy Systems, 25(2): 350-362.

• Loyola, Gino, Fabián Flores-Bazán, and Sigifredo Laengle (2013), “Characterizing the Efficient Points without Closedness or Free-Disposability”, Central European Journal of Operations Research, 21: 401-410.

Financial Institutions in Latin America

• Loyola, Gino, and Yolanda Portilla (2011), “Bank Mergers in Chile: An X-Efficiency Assessment” (in Spanish), Academia Revista Latinoamericana de Administración, 47: 140-147.

• Loyola, Gino, José Luis Carreño and Yolanda Portilla (2010), “Chilean Banking Efficiency: A Profit Frontier Approach” (in Spanish), Revista Economía Chilena, 13(3): 33-65.