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Davy Paindaveine, and G. Van Bever
vol. 106, n. 4, December 2019, pp. 913–927
Patrick Rey, and Jean Tirole
vol. 127, n. 6, December 2019, pp. 3018–3069
The paper analyzes the impact of price caps agreed upon by industry participants. Price caps, like mergers, allow firms to solve Cournot's multiple marginalization problem; but unlike mergers, they do not stifle price competition in case of substitutes or facilitate foreclosure in case of...
Desheng Huang, Henrik Andersson, and Shiqiu Zhang
vol. 61, n. 12, 2019, pp. 2207–2229
This study reports the results from a discrete choice experiment (DCE) conducted in Beijing China. The aim and the objectives of the study are to elicit monetary values for the value of a statistical life (VSL) and the value of a statistical illness (VSI) that can be considered for policy purposes...
Margot Dazey
vol. 117, n. 4, December 2019, pp. 74–93
This article studies the way in which local actors in Muslim associations strive to be recognized as respectable interlocutors by local public authorities. On the basis of an ethnographic survey carried out among members of the Muslim Federation of Gironde, we aim to reconstruct the conditions for...
Jean-Paul Azam
vol. 25, n. 4, 2019
Liliane Bonnal, Pascal Favard, and Kady Marie-Danielle Sorho-Body
vol. 40, n. 4, 2019, pp. 591–615
Justina Klimaviciute, Harun Onder, and Pierre Pestieau
2019, pp. 1–20
The role of inherited wealth in modern economies has increasingly come under scrutiny. This study presents one of the first attempts to shed light on how demographic aging could shape this role. It shows that, in the absence of retirement annuities, or for a given level of annuitization, both...
Catherine Cazals, Thierry Magnac, and Soterios Soteri
Victor Glass, Timothy J. Brennan, and Pier Luigi Parcu (eds.), 2019
Letter volumes in countries with advanced broadband networks have been in decline since the early to mid-2000s while, more recently, parcel volumes have started to grow quite rapidly. The main drivers of these trends, namely the substitution of physical letters with electronic modes of...
Daniel F. Garrett, Renato Gomes, and Lucas Maestri
vol. 86, 2019, pp. 1590–1630
We study the interplay between informational frictions and second-degree price discrimination. Our theory recognizes that consumers differ in their tastes for quality as well as in the information they possess about available offers, which leads to dispersion over price-quality menus in equilibrium...
Lydie Ancelot, Liliane Bonnal, and Greivis Buitrago-Gamez
vol. XXXIV, n. 4, 2019, pp. 151–199