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Jean-François Bonnefon, and Sylvie Borau
June 2019, pp. 45–63
Recent research suggests that women react to idealized female models in advertising as they would react to real-life sexual rivals. Across four studies, we investigate the negative consequences of this imaginary competition on consumers’ mate-guarding jealousy, indirect aggression, and drive for...
Claude Crampes, and Jérôme Renault
vol. 81, June 2019, pp. 465–478
The development of non-dispatchable renewable sources of energy requires more flexible reliable thermal equipment to match residual demand. We analyze the advantages of delaying production decisions to benefit from more precise information on states of the world, at the expense of higher production...
Martin Boyer, Philippe De Donder, Claude Fluet, Marie-Louise Leroux, and Pierre-Carl Michaud
vol. 45, n. 2, June 2019, pp. 262–282
James K. Hammitt, Fangli Geng, Xiaoqi Guo, and Chris P. Nielsen
vol. 58, n. 2, June 2019, pp. 167–186
We estimate the marginal rate of substitution of income for reduction in current annual mortality risk (the “value per statistical life” or VSL) using stated-preference surveys administered to independent samples of the general population of Chengdu China in 2005 and 2016. We evaluate the quality...
Theodora Fuss, Sabine Noebel, and Klaudia Witte
vol. 94, n. 5, May 2019, pp. 759–771, 13 pages
The social environment offers fish complex information about the quality, performance, personality and other cues of potential mates and competitors simultaneously. It is likely, therefore, that the environmental information regarding the context of mate choice is perceived and processed...
Andrea Attar, Catherine Casamatta, Arnold Chassagnon, and Jean-Paul Décamps
vol. 11, n. 2, May 2019, pp. 98–130
We study capital markets subject to moral hazard when investors cannot prevent side trading, thereby facing an externality if firms raise funds from multiple sources. We analyze whether investors’ ability to design financial covenants that may include exclusivity clauses mitigates this externality...
Alejandrina Cristia, Emmanuel Dupoux, Michael Gurven, and Jonathan Stieglitz
vol. 90, n. 3, May 2019, pp. 759–773
Jay Pil Choi, Doh-Shin Jeon, and Byung-Cheol Kim
vol. 173, May 2019, pp. 113–124
We provide a theoretical model of privacy in which data collection requires consumers’ consent and consumers are fully aware of the consequences of such consent. Nonetheless, excessive collection of personal information arises in the monopoly market equilibrium which results in excessive loss of...
Andrea Attar, Thomas Mariotti, and François Salanié
vol. 7, n. 1, May 2019, pp. 37–57
We construct a complete space of smooth strictly convex preferences defined over commodities and monetary transfers. Our model extends the classical one in that preferences are strictly monotone in monetary transfers, but need not be monotone in all commodities. We thereby provide a natural...
Alex Smolin, and Gleb Romanyuk
vol. 11, n. 2, May 2019, pp. 250–276
Short-lived buyers arrive to a platform over time and randomly match with sellers. The sellers stay at the platform and sequentially decide whether to accept incoming requests. The platform designs what buyer information the sellers observe before deciding to form a match. We show full information...
