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Elena Panova, and Thibault Laurent
May 2025
This paper examines how the structure of communication networks influences learning and social welfare when participants have different prior opinions and face uncertainty about an external state. We analyze a game in which players form links to exchange opinions on the state and reduce their...
David Bardey, and Philippe De Donder
Toronto, vol. 58, n. 2, May 2025, pp. 443–483
Personalized medicine is still in its infancy, with costly genetic tests providing little actionable information in terms of efficient prevention decisions. As a consequence, few people undertake these tests currently, and health insurance contracts pool all agents irrespective of their genetic...
Sylvie Borau
vol. 198, n. 1, April 2025, pp. 1–19
The use of female AI agents, such as vocal assistants, chatbots and robots, is on the rise, but the indiscriminate feminization of these AI agents poses novel ethical concerns about their impact on gender relations in society. This conceptual article argues that AI agents, even virtual ones, can...
Frédéric Boissay, Fabrice Collard, Cristina Manea, and Alan Shapiro
vol. 21, n. 2, April 2025, pp. 147–220
This paper explores the state-dependent effects of a monetary tightening on financial stress, focusing on a novel dimension: whether inflation is driven by supply versus demand factors at the time of the policy intervention. These underlying factors likely affect the economy’s financial resilience...
Thomas Ragel, and Bruno Ziliotto
April 2025
Gabriel Ulyssea, Matteo Bobba, Lucie Gadenne, and Mariaflavia Harari
vol. 6, n. 2, April 2025
Most low- and middle-income countries are characterised by a large informal sector, which implies that a substantial fraction of economic activity and livelihoods in these countries goes on completely unregulated. This has important implications for the behaviour of firms, workers, families, and...
Philippe De Donder, David Bardey, and Vera Zaporozhets
vol. 4, n. 26, April 2025
We review the medico-economic literature assessing the economic value of diagnostic and prognostic tests, with a focus on innovative and, more specifically, companion tests. Our analysis begins with a summary of systematic reviews that provide a descriptive synthesis of existing findings rather...
Philippe De Donder, Humberto Llavador, Stefan Penczynski, John E. Roemer, and Roberto Vélez
The vaccination game exhibits positive externalities. The standard game-theoretic approach assumes that parents make decisions according to the Nash protocol, which is ndividualistic and non-cooperative. However, in more solidaristic societies, parents may behave cooperatively, optimizing according...
Jorge Ale-Chilet, Cuicui Chen, Jing Li, and Mathias Reynaert
We study collusion among firms against imperfectly monitored environmental regulation. Firms increase variable profits by violating regulation and reduce expected noncompliance penalties by violating jointly. We consider a case of three German automakers colluding to reduce the effectiveness of...
Giacomo Lemoli
vol. 58, n. 5, April 2025, p. 890–923
This paper studies the relationship between ethnic media, which produce content in a minority language, and the success of ethnic parties. I argue that, by embedding cultural traits in entertainment products, media outlets can shape the salience of group identity, which helps parties’ mobilization...