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Bénédicte Alziary Chassat, and Jacqueline Fleckinger
vol. 71, 2018, pp. 41–56
Philippe De Donder, and Eugenio Peluso
vol. 174, n. 3, 2018, pp. 301–313
We show that a transfer received by a minority of the population may be sustained by majority voting, however small the minority targeted may be, when the attribution of the transfer is seen as stochastic by voters. We build a simple model wherein voters differ in income and vote over a...
Dirk Bergemann, Alex Smolin, and Alessandro Bonatti
vol. 108, n. 1, 2018, pp. 1–48
A data buyer faces a decision problem under uncertainty. He can augment his initial private information with supplemental data from a data seller. His willingness to pay for supplemental data is determined by the quality of his initial private information. The data seller optimally offers a menu of...
Alexandre d'Aspremont, and Andrea Attar
Luis C. Corchon, and Marco A. Marini (eds.), vol. 1, chapter 15, 2018, pp. 425–452
Christian Gollier
vol. 95, 2018, pp. 155–171
We demonstrate that increasing the risk surrounding the variance of future consumption generates a fourth-degree risk deterioration in future consumption, yielding an increase in its excess kurtosis. Its impact on the equilibrium risk premium is thus positive if only if the fourth derivative of the...
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...
Carole Haritchabalet
Xavier Bioy (ed.), 2018
Emmanuelle Auriol, and Alexia Lee Gonzalez
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...
Jun Chen, and Jörgen W. Weibull
Ajit Mishra, and Tridip Ray (eds.), Oxford University Press, chapter 8, 2018
