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Koen Jochmans, and Martin Weidner

n. 87, September 2019, pp. 1543–1560

Article

Michel Simioni, Christine Thomas-Agnan, and Thi-Huong Trinh

vol. 28, n. 8, August 2019, pp. 2305–2325

This paper contributes to the analysis of the impact of socioeconomic factors, like food expenditure level and urbanization, on diet patterns in Vietnam, from 2004 to 2014. Contrary to the existing literature, we focus on the diet balance in terms of macronutrients consumption (protein, fat and...

Article

Ingela Alger, and Jörgen W. Weibull

vol. 11, August 2019, pp. 329–354

The literature on the evolution of preferences of individuals in strategic interactions is vast and diverse. We organize the discussion around the following question: Supposing that material outcomes drive evolutionary success, under what circumstances does evolution promote Homo economicus,...

Article

Gilles Lafforgue, and Luc Rougé

vol. 57, August 2019, pp. 101–118

We develop a growth model in which the use of a non-renewable resource yields waste. Recycling waste produces materials of poor quality. These materials can be reused for production only once a dedicated R&D activity has made their quality reach an exogenous minimum threshold. The economy then...

Article

Claude Crampes, and Jean-Michel Trochet

vol. 24, n. 100746, August 2019

Electricity storage encompasses a disparate list of technologies such as pumped-storage hydroelectricity, compressed-air energy storage, chemical batteries and flywheels. These technologies can provide the electricity system with heterogeneous services of energy transfers across months, weeks, days...

Article

Eric Maskin, and Jean Tirole

vol. 176, August 2019, pp. 79–93

We develop a model of pork-barrel politics in which a government official tries to improve her reelection chances by spending on targeted interest groups. The spending signals that she shares their concerns. We investigate the effect of such pandering on the public deficit. Pandering widens the...

Article

Laurent Miclo

vol. 154, August 2019, pp. 1–35

The Markov commutator associated to a finite Markov kernel P is the convex semigroup consisting of all Markov kernels commuting with P. Its interest comes from its relation with the hypergroup property and with the notion of Markovian duality by intertwining. In particular, it is shown that the...

Article

Michael Becher, and Irene Menendez

vol. 113, n. 3, August 2019, pp. 694–709

We examine the effect of electoral institutions on two important features of representation that are often studied separately: policy responsiveness and the quality of legislators. Theoretically, we show that while a proportional electoral system is better than a majoritarian one at representing...

Article

Emilio Calvano, Giacomo Calzolari, Vincenzo Denicolò, and Sergio Pastorello

vol. 55, n. 1, August 2019, pp. 155–171

Pricing decisions are increasingly in the “hands” of artificial algorithms. Scholars and competition authorities have voiced concerns that those algorithms are capable of sustaining collusive outcomes more effectively than human decision makers. If this is so, then our traditional policy tools for...

Article

Stefan Ambec, Alexis Garapin, Laurent Muller, and Bilel Rahali

vol. 81, August 2019, pp. 128–138

We investigate how institutions can shape differently the expression for efficiency and equity. We run four variants of the triple dictator game and the trust game in a within-subject design that enables to plot individual patterns. A veil of ignorance, a positional fee and information about others...

Article