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Joao Correia da silva, and Carlos Hervés-Beloso
Springer Berlin / Heidelberg, vol. 55, n. 2, 2014, pp. 439–455
Claude Crampes, and Mathias Laffont
vol. 15, n. 1, 2014, pp. 32–58
This article provides an economic view on how the connection to a distribution network should be priced when the operator considers the spatial distribution of consumers. It highlights the impact of public service constraints on the investment in service quality, the size of the network and the...
Giuseppe Marco Attanasi, Christian Gollier, Aldo Montesano, and Noémie Pace
vol. 77, n. 4, December 2014, pp. 485–530
Coherent-ambiguity aversion is defined within the (Klibanoff et al., Econometrica 73:1849–1892, 2005) smooth-ambiguity model (henceforth KMM) as the combination of choice-ambiguity and value-ambiguity aversion. Five ambiguous decision tasks are analyzed theoretically, where an individual faces two-...
Wilfried Sand-Zantman
vol. XXVIII, n. 3, 2014, pp. 37–70
The rise of new information technologies and the opening to competition of previously monopolized sectors have induced more dynamic pricing practices, in particular the development of loyalty rewards. We aim at looking at the economic motivations and impacts of this new trend, in particular with...
Christophe Bontemps, Elise Maigné, and Vincent Réquillart
n. 200-201, 2014, pp. 121–139
From 1996 to 2006, total factor productivity in the French food industry declined by 0.4 % per year. Productivity in the “milk”, “beverage”, and “grain” industries remained relatively stable, while significant decreases were observed in the “meat and fish” and “otherfood” industries. These results...
Vincent Réquillart, and Louis-Georges Soler
vol. 41, n. 3, 2014, pp. 375–403
Hartwig De Haen, and Vincent Réquillart
vol. 6, 2014, pp. 87–100
Bruno Biais, Johan Hombert, and Pierre-Olivier Weill
vol. 81, n. 4, 2014, pp. 1401–1437
Information collection, processing and dissemination financial institutions is challenging. This can delay the observation by traders of the exact capital charges and constraints of their institution. During this delay, traders face preference uncertainty. In this context, we study optimal trading...
Elodie Alet, Liliane Bonnal, and Pascal Favard
Paris, n. 111-112, 2014, pp. 227–250
This paper estimates the treatment effect of grade repetition on subsequent schooling performances in France. We correct for potential selection issues associated with grade retention, using a multi-stage econometric model. We find that early grade repetition (Grade 1 or 2) leads to an increase in...
Helmuth Cremer, and Pierre Pestieau
vol. 21, December 2014, pp. 955–974