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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...
Quang Le Van, Manh-Hung Nguyen, and Thanh-Viet Nguyen
vol. 28, n. 5, July 2019, pp. 675–687
Facing the challenge of environmental degradation in Vietnam, a growing number of firms have begun to integrate environmental management systems into their business strategies and develop green product diversification strategies. On the basis of the stakeholder theory, this paper attempts to...
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...
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,...
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...
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...
Bruno Jullien, and Alessandro Pavan
vol. 86, n. 4, July 2019, pp. 1666–1703
We study platform markets in which the information about users' preferences is dispersed. First, we show how the dispersion of information introduces idiosyncratic uncertainty about participation decisions and how the latter shapes the elasticity of the demands and the equilibrium prices. We then...
Céline Nauges, and Dale Whittington
vol. 5, n. 3, July 2019, p. 1850026
Social norms comparisons are tools that are being used more and more often by energy and water utilities all over the world in order to induce households to conserve resources. Such conservation programs are appealing to utilities since they are an easy-to-implement alternative to raising prices...
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...
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...
