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Matthieu Bouvard, and Raphaël Lévy
vol. 64, n. 10, October 2018, pp. 4755–4774
In a market where sellers solicit certification to overcome asymmetric infor-mation, we show that the profit of a monopolistic certifier can be hump-shaped in itsreputation for accuracy: a higher accuracy attracts high-quality sellers but sometimesrepels low-quality sellers. As a consequence,...
Edmond Awad, Sohan Dsouza, Richard Kim, Jonathan Schulz, Joseph Henrich, Azim Shariff, Jean-François Bonnefon, and Iyad Rahwan
n. 563, October 24, 2018, pp. 59–64
Andrea Enache, and Jean-Pierre Florens
vol. 131, September 2018, pp. 45–58
Regulation models are a special class of contract models that have received a lot of attention from economists in the last few decades. This continuous interest has been motivated by an increasing need in designing regulatory policies in a world where decentralization and delegation of public...
Quang Le Van, Manh-Hung Nguyen, and Thanh-Viet Nguyen
vol. 3, n. 9, September 2018
The objective of this study is to assess sustainable development and the potential for green growth of the marine capture fisheries in Vietnam. We use “standard” bio-economic models with additional terms to correct some of ecosystem externalities and to define reference points for the fisheries....
Marc Ivaldi, and Catherine Muller-Vibes
vol. 29, n. 3, September 2018, pp. 363–376
In this paper, we empirically analyze the French print media market by modeling the existence of a reciprocal effect between the size of the readership and the amount of advertising. For this two-sided platform, we measure the cross-effects of advertising on the readership and periodical popularity...
Volker Nocke, and Patrick Rey
vol. 177, September 2018, pp. 183–221
We develop a model of interlocking bilateral relationships between upstream manufacturers that produce differentiated goods and downstream retailers that compete imperfectly for consumers. Contract offers and acceptance decisions are private information to the contracting parties. We show that both...
Bruno Jullien, and Yassine Lefouili
vol. 14, n. 3, September 2018, pp. 364–392
This paper discusses the effects of horizontal mergers on innovation. We rely on the existing academic literature and our own research to present the various positive and negative effects of mergers on innovation. Our analysis shows that the overall impact of a merger on innovation may be either...
George-Marios Angeletos, Fabrice Collard, and Harris Dellas
vol. 86, n. 5, September 2018, pp. 1689–1726
Marcel Boyer, Anne Catherine Faye, E. Gravel, and Rachidi Kotchoni
vol. 31, n. 1, September 2018, pp. 50–82
We analyze significant challenges and pitfalls faced by antitrust authorities in the implementation of competition policies particularly against naked cartels and propose measures principled in economic theory to circumvent these issues. We review leniency programs in different jurisdictions, the...
M’hand Fares, Saqlain Raza, and Alban Thomas
vol. 53, n. 2, September 2018, pp. 367–395
Many quality signals—both private and public—have been used to foster the development of food quality in the agro-food markets: mainly brands and common certified labels. Previous research has typically focused on either brand or certified label efficiency independently, while in many instances...
