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Daniel L. Chen
Jean-Paul Carvalho, Sriya Iyer, and Jared Rubin (eds.), Palgrave Macmillan, series “International Economic Association Series”, vol. 158, 2019, pp. 119–138
What are the consequences of intermediating moral responsibility through complex organizations or transactions? This paper examines individual decision-making when choices are known to be obfuscated under randomization. It reports the results of a data entry experiment in an online labor market....
Jean-Pierre Amigues, and Tunc Durmaz
vol. 24, n. 6, December 2019, pp. 703–725
Jean-Paul Azam
vol. 25, n. 4, 2019
Alban Thomas, Pierre Dupraz, and Louis-Pascal Mahé
Alexandra Langlais (ed.), part 2, 2019
L’agriculture est un terrain fertile pour explorer les différentes facettes juridiques des paiements pour services environnementaux (PSE) dans la mesure où cet outil a reçu un écho important dans ce secteur et ce, à plusieurs échelles d’action. Présenté sous un même vocable, il peut renvoyer à...
Jean-Pierre Florens, Christian Gouriéroux, and Alain Monfort
vol. 136, December 2019, pp. 1–26
Christian Gouriéroux, Alain Monfort, and Jean-Michel Zakoïan
vol. 87, n. 1, 2019, pp. 327–345
In a transformation model , where the errors are i.i.d. and independent of the explanatory variables , the parameters can be estimated by a pseudo‐maximum likelihood (PML) method, that is, by using a misspecified distribution of the errors, but the PML estimator of is in general not consistent. We...
Davy Paindaveine, and G. Van Bever
vol. 106, n. 4, December 2019, pp. 913–927
Alexandre Cornière (de), and Greg Taylor
vol. 50, n. 4, 2019, pp. 854–882
We study situations in which consumers rely on a biased intermediary’s advice when choosing among sellers. We introduce the notion that sellers’ and consumers’ payoffs can be congruent or conflicting, and show that this has important implications for the effects of bias. Under congruence, the firm...
Francesca Barigozzi, Helmuth Cremer, and Chiara Monfardini
vol. 3, 2019, pp. 63–98
Our model studies couples. time allocation and career choices, which are a¤ected by a social norm on gender roles in the family. Parents can provide two types of informal child care: basic care (feeding, changing children, baby-sitting) and quality care (activities that stimulate children.s social...
Lucie Bottega, and Jenny de Freitas
vol. 178, 2019, pp. 33–36
A label that imperfectly signals product quality is analyzed in a Bertrand duopoly with differentiated products. Considering strategic firms when certification is imperfect has some important implications. A separating equilibrium can be sustained with a free test due to price strategic...