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Doh-Shin Jeon, and Yassine Lefouili
vol. 49, n. 3, 2018, pp. 656–671
We analyze the competitive effects of bilateral cross-licensing agreements in a setting with many competing firms. We show that firms can sustain the monopoly outcome if they can sign unconstrained bilateral cross-licensing contracts. This result is robust to increasing the number of firms who can...
Daniel L. Chen, Matt Dunn, Levent Sagun, and Hale Sirin
2018
Early Predictability of Asylum Court Decisions with M. Dunn and L. Sagun In the United States, foreign nationals who fear persecution in their home country can apply for asylum under the Refugee Act of 1980. Unfortunately, over the past decade, legal scholarship has uncovered significant...
Catherine Cazals, Thierry Magnac, and Soterios Soteri
Timothy J. Brennan, Victor Glass, and Pier Luigi Parcu (eds.), 2018
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...
Louis-Georges Soler, and Marine Spiteri
vol. 72, n. 2, 2018, pp. 228–235
Jean-Charles Rochet, and Délia Coculescu
vol. 28, n. 1, 2018, pp. 5–28
The aim of this paper is to put forward a new family of risk measures that could guide investment decisions of private companies. But at the difference of the classical approach of Artzner, Delbaen, Eber, and Heath and the subsequent extensions of this model, our risk measures are built to reflect...
K.J. Martijn Cremers, and Simone M. Sepe
vol. 41, n. 2, 2018, pp. 387–418
In the corporate governance debate, the short-term versus longterm contention has grown into perhaps today’s most controversial topic. In this debate, descriptions of institutional investors tend to present a dichotomic nature. These investors are alternatively portrayed as homogenously short-...
Radia Bacha, and Farid Gasmi
vol. 12, n. 26, December 2018, pp. 1–20
Seeking To Study The Economic Underpinnings Of Algérie Télécom’s Interconnection Policy, Undoubtedly A Cornerstone For The Success Of The Reforms Of The Algerian Telecommunications Sector, We Attempt In This Paper To Highlight The Main Features Of The Pricing Of Access To One Of The Network...
Sébastien Gadat, Fabien Panloup, and Sofiane Saadane
vol. 12, n. 1, 2018, pp. 461–529
This paper deals with a natural stochastic optimization procedure derived from the so-called Heavy-ball method differential equation, which was introduced by Polyak in the 1960s with his seminal contribution [Pol64]. The Heavy-ball method is a second-order dynamics that was investigated to minimize...
Emmanuel Boissard, Patrick Cattiaux, Arnaud Guillin, and Laurent Miclo
Catherine Donati-Martin, Antoine Lejay, and Alain Rouault (eds.), chapter 1, 2018, pp. 1–55
Davy Paindaveine, G. Pandolfo, and G. Porzio
n. 46, 2018, pp. 593–609
Directional data are constrained to lie on the unit sphere of ℝq for some q ≥ 2. To address the lack of a natural ordering for such data, depth functions have been defined on spheres. However, the depths available either lack flexibility or are so computationally expensive that they can only be...
