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Davy Paindaveine, J. Remy, and Thomas Verdebout
vol. 48, n. 1, 2020, pp. 324–345
Marianne Andries, and Valentin Haddad
vol. 128, n. 5, 2020, pp. 1901–1939
Information aversion, a preference-based fear of news flows, has rich implications for decisions involving information and risk-taking. It can explain key empirical patterns on how households pay attention to savings, namely that investors observe their portfolios infrequently, particularly when...
Asma Hassannezhad, and Laurent Miclo
vol. 53, n. 1, 2020, pp. 43–88
We prove a lower bound for the k-th Steklov eigenvalues in terms of an isoperimetric constant called the k-th Cheeger-Steklov constant in three different situations: finite spaces, measurable spaces, and Riemannian manifolds. These lower bounds can be considered as higher order Cheeger type...
Thomas S. Kraft, Jonathan Stieglitz, Benjamin C. Trumble, Angela Garcia, Hillard Kaplan, and Michael Gurven
vol. 375, n. 1811, November 2020
Humans have the longest post-reproductive lifespans and lowest rates of actuarial ageing among primates. Understanding the links between slow actuarial ageing and physiological change is critical for improving the human ‘healthspan’. Physiological dysregulation may be a key feature of ageing in...
Jad Beyhum
vol. 24, November 2020, pp. 688–702
This paper considers the problem of inference in a linear regression model with outliers where the number of outliers can grow with sample size but their proportion goes to 0. We apply an estimator penalizing the `1-norm of a random vector which is non-zero for outliers. We derive rates of...
Francesca Barigozzi, Helmuth Cremer, and Kerstin Roeder
vol. 130, n. 103589, November 2020
We study long-term care (LTC) choices by families with mixed- or same-gender siblings. LTC can be provided either informally by children, or formally at home or in an institution. A social norm implies that daughters suffer a psychological cost when they provide less informal care than the average...
Bruno Biais, and Augustin Landier
vol. 87, n. 6, November 2020, pp. 2542–2567
Karine Van Der Straeten, Rumilda Cañete, Stéphane Straub, and Josepa Miquel-Florensa
vol. 179, November 2020, pp. 223–239
This paper challenges the conventional wisdom that giving voters more power – both formally through the use of more “open” electoral systems and informally through easier access to information on politicians’ wrongdoings – will necessarily result in them voting corrupt politicians out of office....
Jérôme Renault, and Bruno Ziliotto
vol. 124, November 2020, pp. 122–139
We introduce the model of hidden stochastic games, which are stochastic games where players observe past actions and public signals on the current state. The natural state variable for these games is the common belief over the current state of the stochastic game. In this setup, we present an...
Pierre Dubois, Rachel Griffith, and Martin O'Connell
vol. 110, n. 11, November 2020, pp. 3661–3704
Soda taxes aim to reduce excessive sugar consumption. Policymakers highlight the young, particularly from poor backgrounds, and high sugar consumers as groups whose behavior they would most like to influence. There are also concerns about the policy being regressive. We assess who are most impacted...