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Antonio Musolesi, Giada Andrea Prete, and Michel Simioni

September 2025

This paper examines the contribution of infrastructure to aggregate productivity. We address some complex and relevant issues, namely functional form, nonstationary variables and cross-sectional dependence. We adopt the CCE framework and consider both parametric and nonparametric specifications,...

Nils Köbis, Zoe Rahwan, Raluca Rilla, Bramantyo Ibrahim Supriyatno, Clara Bersch, Tamer Ajaj, Jean-François Bonnefon, and Iyad Rahwan

September 2025

Although artificial intelligence enables productivity gains from delegating tasks to machines1, it may facilitate the delegation of unethical behaviour2. This risk is highly relevant amid the rapid rise of ‘agentic’ artificial intelligence systems3,4. Here we demonstrate this risk by having human...

Abdelaati Daouia, Gilles Stupfler, and Antoine Usseglio-Carleve

vol. 14, n. 3, September 2025

The use of the Expected Shortfall as a solution for various deficiencies of quantiles has gained substantial traction in the field of risk assessment over the last 20 years. Existing approaches to its inference at extreme levels remain limited to distributions that are both heavy-tailed and have a...

Sylvie Borau, and Robert Mai

September 2025

The growing gender polarization in consumers’ pro-environmental engagement—with women more engaged than men— suggests that organizations should consider gender a key criterion when targeting their cause-related marketing and social advocacy campaigns for environmental causes. However, multilevel...

Léo Fitouchi, and Daniel Nettle

vol. 262, n. 106154, September 2025

Why do many people morally condemn unrestrained indulgence in bodily pleasures—such as gluttony, masturbation, and drinking alcohol—even when these behaviors do not harm others? Leading theories of moral cognition claim that these puritanical moral judgments are independent of cognitive adaptations...

Victor Chernozhukov, Johannes Hörner, Eliana La Ferrara, and Ivän Werning (eds.)

September 2025, forthcoming

Christian Gollier

Puf, September 2025

L'action climatique va coûter cher, mais moins cher que l'inaction à condition de réussir à gérer rationnellement la transition énergétique. Des techno-solutionnistes aux décroissants, des activistes aux promoteurs de la finance verte, des partis écologistes aux défenseurs d'un État-Léviathan, les...

Philippe Bontems, Stephen F. Hamilton, and Jason Lepore

vol. 255, n. 112543, September 2025

Multisided platforms have emerged as an increasingly important market structure with the rise of the digital economy. In this paper, we consider sequential price setting behavior by platforms and demonstrate sequential pricing outcomes Pareto dominate simultaneous pricing outcomes in terms of firm...

Helmuth Cremer, and Jean-Marie Lozachmeur

vol. 103, n. 103049, September 2025

This study examines nonlinear reimbursement rules for secondary preventive and therapeutic care. Individuals may be healthy or ill, with illness severity determining their ex-post type. Preventive care is chosen beforehand, while curative care is decided after health status is known. In an ideal...

Randall C. Thompson, Benjamin C. Trumble, Daniel Cummings, Angela Neunuebel, Paul L. Hooper, Samuel Wann, Adel H. Allam, Frances Neunuebel, Benjamin Gans, Samantha I. King, Edmond Seabright, Caleb Finch, Margaret Gatz, Kenneth Buetow, Michael I. Miyamoto, Guido Lombardi, Linda Sutherland, James Sutherland, Christopher Ward, Madeleine J. Lee, Ashna Mahadev, Daniel Eid Rodriguez, David E. Michalik, Chris Rowan, Tianyu Cao, Jonathan Stieglitz, Cameron M. Quick, Gregory Thomas, Jagat Narula, Domini Dey, Michael Gurven, and Hillard Kaplan

vol. 23, n. 101271, September 2025