Jump to navigation
Céline Bonnet, Zohra Bouamra-Mechemache, and Hugo Molina
vol. 56, n. 2, June 2025, pp. 194–215
We develop a bilateral oligopoly framework with manufacturer-retailer bargaining to analyze the impact of retail mergers on market outcomes. We show that the surplus division between manufacturers and retailers depends on three bargaining forces and can be interpreted in terms of an “equilibrium of...
Dale Whittington, Céline Nauges, and Richard Damania
n. 20 064052, May 2025
This paper describes three phases that cities go through for the delivery of municipal water and sanitation services, identifying the main political, technological, socio-institutional, financial, public health forces of disequilibria that push cities along this development path. Data from the...
Marina Kontalexi, Alexandros Gelastopoulos, and Pantelis Analytis
May 2025, pp. 1086–1090
Theoretical work on sequential choice and large-scale experiments in online ranking and voting systems has demonstrated that social influence can have a drastic impact on social and technological systems. Yet, the effect of social influence on online rating systems remains understudied and the few...
Pascal Bégout, and Jesus Ildefonso Diaz
vol. 53, May 2025, pp. 1–15
Dylan Hogan, Eyal G. Frank, Josephine Gantois, and Anouch Missirian
vol. 115, May 2025, pp. 403–408
Global action to slow biodiversity loss is critically needed but comes at substantial cost. In this article, we assess the effectiveness of local ballot measures for land-based conservation projects in the United States as a way to increase bird abundance, a key conservation indicator. Using a...
Philippe De Donder
Toronto, vol. 58, n. 2, May 2025, pp. 414–417, Toronto
Jean-Paul Décamps, Fabien Gensbittel, and Thomas Mariotti
vol. 50, n. 2, May 2025, pp. 1478–1513
We study the optimal investment policy of a firm facing both technological and cash-flow uncertainty. At any point in time, the firm can decide to invest in a standalone technology or to wait for a technological breakthrough. Breakthroughs occur when market conditions become favorable enough,...
Sarah Ann Wheeler, Céline Nauges, and Quentin R. Grafton
vol. 47, n. 2, May 2025, pp. 487–514
The allocation of water across space and time is a key challenge of water governance, with demand and supply often not well matched over time and place. Best practice water pricing and markets may promote water conservation, yet their application is limited. We highlight the governance principles...
Elena Panova, and Thibault Laurent
May 2025
This paper examines how the structure of communication networks influences learning and social welfare when participants have different prior opinions and face uncertainty about an external state. We analyze a game in which players form links to exchange opinions on the state and reduce their...
David Bardey, and Philippe De Donder
Toronto, vol. 58, n. 2, May 2025, pp. 443–483
Personalized medicine is still in its infancy, with costly genetic tests providing little actionable information in terms of efficient prevention decisions. As a consequence, few people undertake these tests currently, and health insurance contracts pool all agents irrespective of their genetic...
