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Claude Crampes, and Michel Moreaux
vol. 72, n. 3, 2021, pp. 377–420
The article analyzes the optimal management of hydroelectric dams when natural water inflows follow predictable cycles. The Hotelling rule which determines the trajectory of the value of water in stock must apply cyclically, taking into account the seasonal breaks in water supplies and the needs to...
Abdelaati Daouia, Jean-Pierre Florens, and Léopold Simar
vol. 37, 2021, pp. 346–387
The aim of this paper is to construct a robust nonparametric estimator for the production frontier. We study this problem under a regression model with one-sided errors where the regression function defines the achievable maximum output, for a given level of inputs-usage, and the regression error...
Jean-Pierre Florens, and Anna Simoni
vol. 39, n. 2, 2021, pp. 482–492
Daniel Fischer, Alain Berro, Klaus Nordhausen, and Anne Ruiz-Gazen
vol. 50, n. 11, 2021, pp. 3397–3419
The R-package REPPlab is designed to explore multivariate data sets using one-dimensional unsupervised projection pursuit. It is useful as a preprocessing step to find clusters or as an outlier detection tool for multivariate data. Except from the packages tourr and rggobi, there is no...
Emmanuelle Auriol, and Hillel Rapoport
n. 67, November 2021
Darius-Aurel Frank, Christian T. Elbaek, Caroline Kjaer Borsting, Panagiotis Mitkidis, Tobias Otterbring, and Sylvie Borau
vol. 16, n. 11 (e0259928), November 2021
The COVID-19 pandemic continues to impact people worldwide–steadily depleting scarce resources in healthcare. Medical Artificial Intelligence (AI) promises a much-needed relief but only if the technology gets adopted at scale. The present research investigates people’s intention to adopt medical AI...
Emmanuel Farhi, and Jean Tirole
vol. 88, n. 6, November 2021, p. 2622–2653
Traditional banking is built on four pillars: SME lending, insured deposit taking, access to lender of last resort, and prudential supervision. This paper unveils the logic of the quadrilogy by showing that it emerges naturally as an equilibrium outcome in a game between banks and the government. A...
Sebastian Thieme
vol. 46, n. 4, November 2021, pp. 855–888
Tests of legislative gatekeeping theories have been hampered by the absence of status quo estimates, making these tests vulnerable to selection bias. I overcome this problem with a novel data set on positions by private interests in Iowa, Nebraska, and Wisconsin because these states’ legislatures...
Marcel Boyer
vol. 6, n. 2–3, November 2021, pp. 90–226
Several voices are rising to demand an in-depth reform of capitalism in the wake of the increase in income and wealth inequalities of the last four decades, the climate urgency in a local global world, and the financial crisis of 2007–2010. At the forefront of this movement are different groups...
Margot Dazey
November 2021
Anti-Muslim hostility in Europe operates in a variety of forms and settings. While a rich body of work has highlighted the multifaceted stigmatization of Islam in European societies, little is known on how Muslims respond to it. Based on an ethnographic case study of a group of French Muslim...