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Jean-Paul Azam, and Véronique Thelen
vol. 28, 2014, pp. 263–288
This paper reviews some findings by Azam and Thelen (2008, 2010, 2012) that illustrate how foreign aid is used by rich countries to purchase the services of recipient governments with a view to protect or promote their economic and political interests. In particular, these findings show that...
António Brandão, Joao Correia da silva, and Joana Pinho
vol. 50, 2014, pp. 234–250
Céline Bonnet, and Vincent Réquillart
n. 2, 2014
Alexandre Cornière (de), and Greg Taylor
vol. 45, n. 3, 2014, pp. 576–597
Competition authorities all over the world worry that integration between search engines (mainly Google) and publishers could lead to abuses of dominant position. In particular, one concern is that of own-content bias, meaning that Google would bias its rankings in favor of the publishers it owns...
Mathias Reynaert, and Frank Verboven
vol. 179, n. 1, 2014, pp. 83–98
We shed new light on the performance of Berry, Levinsohn and Pakes' (1995) GMM estimator of the aggregate random coefficient logit model. Based on an extensive Monte Carlo study, we show that the use of Chamberlain’s (1987) optimal instruments overcomes many problems that have recently been...
Wided Mattoussi, and Paul Seabright
vol. 96, n. 1, 2014, pp. 124–153
Catherine Casamatta, and Carole Haritchabalet
vol. 18, n. 5, 2014, pp. 1743–1773
We study the fund-raising strategy of an entrepreneur when investors have private information about his project’s profitability. The entrepreneur cares about monetary profits and about the probability to obtain financing. If he contacts both venture capitalists (VCs) simultaneously, he obtains high...
Heski Bar-Isaac, and Johannes Hörner
vol. 23, 2014, pp. 601–627
An agent has different abilities in two types of tasks, which are revealed through his performance over time. He initially decides whether to engage in only one task (specialize) or to take on any task that arises (be a generalist). This decision trades off the cost of being idle against staying...
Vincent Réquillart, and Louis-Georges Soler
vol. 43, n. 3, 2014, pp. 375–403
Up to now, most nutritional policies have been set up to inform consumers about the health benefits induced by more balanced diets. Reviews of the impacts of these policies show that the effects are often modest. This has led governments to implement, in more recent times, policies focused on the...
Dominique Bontemps, and Sébastien Gadat
vol. 8, n. 1, 2014, pp. 1522–1568
