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Claire Borsenberger, Helmuth Cremer, Denis Joram, Jean-Marie Lozachmeur, and Estelle Malavolti
Pier Luigi Parcu, Timothy J. Brennan, and Victor Glass (eds.), Springer Nature Switzerland AG, 2023
Francesca Barigozzi, Helmuth Cremer, and Jean-Marie Lozachmeur
vol. 209, 2023, pp. 263–287
We study the design of pension benefits for male and female workers. Women live longer than men but have a lower wage. Individuals can be single or live in couples who pool their incomes. Social welfare is utilitarian but an increasing concave transformation of individuals’ lifetime utilities...
Aurore Archimbaud, Zlatko Drmac, Klaus Nordhausen, Una Radojicic, and Anne Ruiz-Gazen
vol. 5, n. 1, 2023, pp. 97–121
Laura Resnick Samotin, Jeffrey A. Friedman, and Michael C. Horowitz
2023
We interviewed national security professionals to understand why the U.S. Intelligence Community has not systematically incorporated prediction markets or prediction polls into its intelligence reporting. This behavior is surprising since crowdsourcing platforms often generate more accurate...
Marijn Keijzer, and Rense Corten
vol. 35, n. 1, 2023, pp. 34–60
Online peer-to-peer markets decentralize the distribution of resources, creating a trust problem in economic exchange on the internet. Individual characteristics of trustees—as determinants for being trusted—are therefore increasingly important. In light of this societal development, this study...
Claude Crampes, and Nils-Henrik Von Der Fehr
vol. 44, n. 4, 2023, pp. 147–169
Reaping the full benefits from cross-border interconnection typically requires reinforcement of national networks. When the relevant parts of the networks are complements, a lack of coordination between national transmission system operators typically results in investment below optimal levels in...
Estelle Medous, Camelia Goga, Anne Ruiz-Gazen, Jean-François Beaumont, Alain Dessertaine, and Pauline Puech
vol. 17, n. 1, 2023, pp. 838–859
In social and economic surveys, it can be difficult to directly reach units of the target population, and indirect sampling is often advocated to solve this issue. In indirect sampling, the sample is drawn from a frame population that is linked to the target population, and estimation of tar-get...
Bruno Jullien, Markus Reisinger, and Patrick Rey
vol. 69, n. 3, 2023, pp. 1687–1702
The availability of consumer data is inducing a growing number of firms to adopt more personalized pricing policies. This affects both the performance of, and the competition between alternative distribution channels, which in turn has implications for firms’ distribution strategies. We develop a...
Claude Crampes, and Thomas-Olivier Léautier
vol. 74, n. 1, 2023, pp. 51–80
To encourage building renovations and the replacement of old energy-consuming equipment, some governments have introduced a system of white certificates requiring large producers and distributors of natural gas, electricity and fuel to prove that they have financed energy-saving operations. The...
Frédéric Cherbonnier, and Christian Gollier
vol. 15, November 2023, pp. 147–164
Most Western countries use a single discount rate to evaluate public investments and policies. This ignores the differential cost of risk, in a world where most risk markets exhibit surprisingly large prices of risk. The current discounting guidelines generate a misallocation of capital that...