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Cécile Aubert, and Huihui Ding
vol. 59, 2022, pp. 207–249
A reelection-seeking politician makes a policy decision that can reveal her private information on whether her political orientation and capabilities will be a good fit to future circumstances. We study how she may choose inappropriate policies to hide her information, even in the absence of...
Florian van Leeuwen, Yoel Inbar, Michael Bang Petersen, Lene Aarøe, and Jane Conway
2022
Péter Bayer, Robert Gatenby, Patricia McDonald, Derek Duckett, Katerina Stankova, and Joel Brown
We propose a model of cancer initiation and progression where tumor growth is modulated by an evolutionary coordination game. Evolutionary games of cancer are widely used to model frequency-dependent cell interactions with the most studied games being the Prisoner’s Dilemma and public goods games....
Bence Bago, and Balazs Aczel
vol. 6, n. 6, 2022, pp. 880–895
Much research on moral judgment is centered on moral dilemmas in which deontological perspectives (i.e., emphasizing rules, individual rights and duties) are in conflict with utilitarian judgements (i.e., following the greater good defined through consequences). A central finding of this field...
Milo Bianchi, Rose-Anne Dana, and Elyès Jouini
vol. 73, n. 4, 2022, pp. 1101–1134
Consider a firm owned by shareholders with heterogeneous beliefs and discount rates who delegate to a manager the choice of a production plan. The shareholders and the manager can trade contingent claims in a complete asset market. Shareholders cannot observe the chosen production plan and design a...
Abdelaati Daouia, Irene Gijbels, and Gilles Stupfler
vol. 117, n. 539, 2022, pp. 1579–1586
Regression extremiles define a least squares analogue of regression quantiles. They are determined by weighted expectations rather than tail probabilities. Of special interest is their intuitive meaning in terms of expected minima and maxima. Their use appears naturally in risk management where, in...
Thibault Laurent, Thi-Huong-An Nguyen, Christine Thomas-Agnan, and Anne Ruiz-Gazen
vol. 49, n. 5, 2022, pp. 1235–1251
The vote shares by party on a given subdivision of a territory form a vector called composition (mathematically, a vector belonging to a simplex). It is interesting to model these shares and study the impact of the characteristics of the territorial units on the outcome of the elections. In the...
Jörn Boehnke, and Victor Gay
vol. 57, n. 4, 2022, pp. 1209–1241
Leopoldo Fergusson, Horacio Larreguy, and Juan Felipe Riano
vol. 132, n. 648, November 2022, p. 2815–2834
We develop a model of the politics of state capacity building undertaken by incumbent parties that have a comparative advantage in clientelism rather than in public goods provision. The model predicts that, when challenged by opponents, clientelistic incumbents have the incentive to prevent...
Yinghua He, and Thierry Magnac
vol. 132, n. 648, November 2022, p. 2918–2950
A matching market often requires recruiting agents, or ‘programmes’, to costly screen ‘applicants’, and congestion increases with the number of applicants to be screened. We investigate the role of application costs: higher costs reduce congestion by discouraging applicants from applying to certain...
