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James Dow, Itay Goldstein, and Alexander Guembel
vol. 15, n. 4, 2017, pp. 877–909
We analyze information production incentives for traders in financial markets, when firms condition investment decisions on information revealed through stock prices. We show that traders’ private value of information about a firm’s investment project increases with the ex ante likelihood the...
Philippe De Donder, and Maria Gallego
2017
We survey the literature on the positioning of political parties in uni - and multidimensional policy spaces. We keep throughout the survey the assumption that there is an exogenous number of parties who commit to implement their policy proposals once elected. The survey stresses the importance of...
Jérôme Renault, and Xavier Venel
vol. 42, n. 2, 2017, pp. 349–376
Estelle Malavolti, and Frédéric Marty
vol. 25, 2017, pp. 30–40
A lot of cases had arouse in the past decade about agreements between regional airports and low-cost carriers. These agreements are challenged on the basis of the State Aids European control as they rise concerns not only about competition distortions between airlines but also about fiscal...
Samuele Centorrino, Frédérique Fève, and Jean-Pierre Florens
vol. 63, n. 1, 2017, pp. 1–25
Michel Cavagnac, and Guillaume Cheikbossian
S. Çağatay (ed.), 2017
This chapter analyzes the stability of international environmental agreements between heterogeneous countries in the context of free trade. For this purpose, we develop a simple model of international trade with three countries of unequal market size. Strategic interactions between countries come...
Stefan Ambec
T. Altenburg, and C. Assmann (eds.), UN Environment, chapter 3, 2017
Stephen F. Hamilton, and Vincent Réquillart
vol. 26, n. 12, December 2017, pp. 1637–1643
There has been surprisingly little research to date on the supply-side role of food manufacturers on equilibrium health outcomes for consumers. In this letter we consider an oligopoly model in which food processors choose the health composition of manufactured food. We show that price competition...
Fabrice Collard, Harris Dellas, B. Diba, and Olivier Loisel (ENSAE)
vol. 9, n. 1, 2017, pp. 40–87
Fabrice Collard, Harris Dellas, and G. Tavlas
vol. 84, n. 336, 2017, pp. 797–819
