Jump to navigation
Nicolas Treich
vol. 33, April 2018, pp. 3–48
Economics is not interested in animals. The object of this paper is to stimulate research in economics about animals and about veganism. By veganism, we mean all types of behaviors which consist in modifying (and not only eliminating) the use and the consumption of animals for moral reasons. We...
Ian Schindler, and Cyril Tintarev
April 2018, pp. 57–48
Lydie Ancelot, Liliane Bonnal, and M.H. Depret
vol. 69, March 2018, pp. 373–405
Christophe Bernard, Marie-Françoise Calmette, Maureen Kilkenny, Catherine Loustalan, and Isabelle Pechoux
vol. 69, n. 2, March 2018
We show how a large country’s entrance on world markets can lead to lower and less quality diversity available to consumers rather than more. In our model, autarky quality is directly proportional to the willingness to pay for quality and home market size, and inversely proportional to the cost of...
Abdelaati Daouia, Stéphane Girard, and Gilles Stupfler
vol. 80, n. Série B, March 2018, pp. 263–292
We use tail expectiles to estimate alternative measures to the Value at Risk (VaR), Expected Shortfall (ES) and Marginal Expected Shortfall (MES), three instruments of risk protection of utmost importance in actuarial science and statistical finance. The concept of expectiles is a least squares...
Patrick Fève, Pablo Garcia, and Jean-Guillaume Sahuc
vol. 164, March 2018, pp. 10–14
Is risk taking an important channel by which monetary policy shocks affect economic activity? On the basis of a nonlinear structural VAR including a new measure of risk sensitivity by economic agents, we show that the role of the risk-taking channel depends on the state of the economy. While it is...
Fabien Gensbittel, Stefano Lovo, Jérôme Renault, and Tristan Tomala
vol. 108, March 2018, pp. 504–522
In a zero-sum asynchronous revision game, players can revise their actions only at exogenous random times. Players’ revision times follow Poisson processes, independent across players. Payoffs are obtained only at the deadline by implementing the last prepared actions in the ‘component game’. The...
Jacques Eric Bergez, Marion Robert, and Alban Thomas
vol. 265, n. 3, March 2018, pp. 1033–1045
Agricultural sustainability under climate change is a major challenge in semi-arid countries, mainly because of over-exploited water resources. This article explores short- and long-term consequences of farmers’ adaptation decisions on groundwater resource use, under several climate change...
Jay Pil Choi, Doh-Shin Jeon, and Byung-Cheol Kim
vol. 66, n. 1, March 2018, pp. 172–204
We study how net neutrality regulations affect a high-bandwidth content provider (CP)'s investment incentives to enhance its quality of services (QoS) in content delivery to end users. We find that the effects crucially depend on whether the CP's entry decision is constrained by the Internet...
Jean-François Bonnefon
vol. 37, n. 1, March 2018, pp. 113–119
The dual-process model of cognition but most especially its reflective component, system 2 processing, shows strong conceptual links with critical thinking. In fact, the salient characteristics of system 2 processing are so strikingly close to that of critical thinking, that it is tempting to claim...
