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Lisa A. Robinson, William Raich, James K. Hammitt, and L. O’Keeffe

vol. 10, n. 2, July 2019, pp. 156–177

In benefit-cost analysis, fatality risk reductions are usually valued based on estimates of adults’ willingness to pay for changes in their own risks, regardless of whether the risk reduction accrues to adults or children. This approach reflects the relatively large number of valuation studies that...

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Vittoria Cerasi, Barbara Chizzolini, and Marc Ivaldi

vol. 48, n. 2, July 2019, pp. 1–27

We propose a new test to evaluate the impact of horizontal mergers on competition in the banking industry. The test is designed to be applied ex ante to potential mergers while being parsimonious in terms of data, as it only uses information on branches in local markets. The test is a...

Article

Sylvain Chabé-Ferret, Philippe Le Coent, Arnaud Reynaud, Julie Subervie, and Daniel Lepercq

vol. 46, n. 3, July 2019, pp. 393–416

We test whether social comparison nudges can promote water-saving behaviour among farmers as a complement to traditional CAP measures. We conducted a randomised controlled trial among 200 farmers equipped with irrigation smart meters in South-West France. Treated farmers received weekly information...

Article

Laurent Miclo

vol. 23, July 2019, pp. 409–429

The traditional quantification of free motions on Euclidean spaces into the Laplacian is revisited as a complex intertwining obtained through Doob transforms with respect to complex eigenvectors. This approach can be applied to free motions on finitely generated discrete Abelian groups: ℤm, with m...

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Jonathan Stieglitz, Brooke Scelza, Sean Prall, Tami Blumenfield, Alyssa Crittenden, Michael Gurven, Michelle Kline, Jeremy Koster, Geoff Kushnick, Siobhan Mattison, Elizabeth Pillsworth, Mary K. Shenk, Kathrine Starkweather, Chun-Yi Sum, Kyoko Yamaguchi, and Richard McElreath

vol. 4, July 2019, pp. 20–26

Long-lasting, romantic partnerships are a universal feature of human societies, but almost as ubiquitous is the risk of instability when one partner strays. Jealous response to the threat of infidelity is well studied, but most empirical work on the topic has focused on a proposed sex difference in...

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Lisa A. Robinson, James K. Hammitt, and L. O’Keeffe

vol. 10, July 2019, pp. 15–50

The estimates used to value mortality risk reductions are a major determinant of the benefits of many public health and environmental policies. These estimates (typically expressed as the value per statistical life, VSL) describe the willingness of those affected by a policy to exchange their own...

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Emmanuelle Auriol, Sara Biancini, and Rodrigo Paillacar

vol. 65, July 2019, pp. 51–81

Developing countries' incentives to protect intellectual property rights (IPR) are studied in a model of vertical innovation. Enforcing IPR boosts export opportunities to advanced economies but slows down technological transfers and incentives to invest in R&D. Asymmetric protection of IPR,...

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Matheus Bueno, and Marica Valente

vol. 96, July 2019, pp. 274–285

To internalize pollution externalities into household waste generation, Unit Pricing Systems (UPS) have been adopted worldwide. This paper evaluates the causal effects of a UPS on the disposal of municipal solid waste in Trento, Italy. Using a unique panel dataset of monthly waste generation in...

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Francesca De Petrillo, and Alexandra Rosati

vol. 164, July 2019, pp. 201–213

Humans and other animals appear to defy many principles of economic ‘rationality’ when making decisions. Here, we use an ecological rationality framework to examine patterns of decision-making across species to illuminate the origins of these strategies. We argue that examples of convergent...

Article

Emmanuelle Auriol

vol. 61, n. 2, June 2019

Economists study markets and their operation with the aim of finding rules that are robust to opportunistic and deviant behaviours. For them, institutions, legal rules and contracts should be designed to incite, even force, individuals to behave responsibly. Whether one considers the work of the...

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