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Zoe Purcell, and Jean-François Bonnefon
vol. 2, n. 6, June 2023
Artificial Intelligence (AI) can be harnessed to create sophisticated social and moral scoring systems — enabling people and organizations to form judgements of others at scale. However, it also poses significant ethical challenges and is, subsequently, the subject of wide debate. As these...
Henrik Andersson, and Benjamin Ouvrard
vol. 104, n. 102013, June 2023
Using a discrete choice experiment this study examines whether different types of priming may influence the respondents’ answers when choosing between different policies aimed at reducing the mortality risk due to ambient air pollution. We focus on two types of priming: (i) two versions of an oath...
Emmanuelle Auriol
June 2023
Olivier Armantier, Jérôme Foncel, and Nicolas Treich
vol. 148, n. 3, June 2023, pp. 201–219
We study insurance and portfolio decisions, two opposite risk retention tradeoffs. Using household level data, we identify the first joint determinants (e.g. subjective expectations, risk attitude) and frictions (e.g. liquidity constraints, financial literacy) in the literature. We also find key...
Sultan Mehmood, Avner Seror, and Daniel L. Chen
vol. 7, June 2023, pp. 874–880
We estimate the impact of the Ramadan fasting ritual on criminal sentencing decisions in Pakistan and India from half a century of daily data. We use random case assignment and exogenous variation in fasting intensity during Ramadan due to the rotating Islamic calendar and the geographical latitude...
Cuong-Viet Nguyen, Manh-Hung Nguyen, and Toan Nguyen
vol. 32, n. 6, June 2023, pp. 1220–1243
We estimate the impact of temperature extremes on mortality in Vietnam, using daily data on temperatures and monthly data on mortality during the 2000-2018 period. We find that both cold and heat waves cause higher mortality, particularly among older people and those living in the hot regions in...
Francesco Decarolis, Maris Goldmanis, Antonio Penta, and Ksenia Shakhgildyan
vol. 71, n. 2, June 2023, pp. 570–592
Bid delegation to specialized intermediaries is common in internet ad auctions. When the same intermediary bids for competing advertisers, its incentive to coordinate client bids might alter the functioning of the auctions. This study develops a methodology to detect bid coordination and presents a...
Laurence Daures-Lescouret, and Sophie Moinas
vol. 58, n. 4, June 2023, pp. 1675–1700
How does trading in one venue affect the quoting strategies of market makers in other venues? We develop a two-venue imperfect competition model in which market makers face quadratic costs when absorbing shocks. Nonconstant marginal costs imply that absorbing a shock in one venue simultaneously...
Anaïs Fabre, and Stéphane Straub
vol. 61, n. 2, June 2023, pp. 655–715
This paper summarizes what is known about the impact of public–private partnerships (PPPs) in the three sectors where they have been used intensively: infrastructure (energy, transport, water and sanitation, and telecommunications), education, and health. It lays out the main elements of economic...
Milo Bianchi, and Marie Brière
Agostino Capponi, and Charles-Albert Lehalle (eds.), Cambridge University Press, May 2023
