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Thanh-Viet Nguyen et Michel Simioni
vol. 88, décembre 2025, p. 1266–1283
Vietnam has experienced remarkable economic growth over last three decades, but the country’s development fundamentals remain fragile. This growth has been primarily driven by an expanding labor force and capital deepening, with less emphasis on productivity growth. In this article, we aim to...
Lei Fan, Catherine Molho, Florian van Leeuwen, Hirokata Imada et Joshua Tybur
2025, p. 1–15
Anger and disgust often underlie responses to social transgressions, yet their links to aggressive punishments have been primarily studied in Western populations. Across two studies sampling from Japan, we tested a socio-functional account of these two other-condemning moral emotions, which...
David Bardey, Philippe De Donder et Vera Zaporozhets
vol. 4, décembre 2025
This survey examines the economic literature on the incentives that shape both the use and the development of diagnostic tests, with a particular focus on companion (biomarker) tests central to precision medicine. Misdiagnosis, underdiagnosis, and overdiagnosis represent a substantial global...
Milo Bianchi et Philippe Jehiel
vol. 19, décembre 2025, p. 735–755
We analyze bubbles and crashes in a model in which some investors are partially sophisticated. While the expectations of such investors are endogenously determined in equilibrium, these are based on a coarse understanding of the market dynamics. We highlight how such investors may endogenously...
Olivier Faugeras
vol. 54, 2025, p. 122–160
Motivated by finding a way to deal with Compositional Data (CoDa) with or without zeroes in a unified way, we build upon the previous projective geometry viewpoint of Faugeras (2023) and use the tools provided by the exterior product and Grassmann’s algebra. These allow to represent higher...
Matthieu Bouvard, Bruno Jullien et David Martimort
n° 25-1667, 2025
Catherine Molho et Linh Vu
vol. 66, n° 102107, décembre 2025
Altruistic decisions are central to civic engagement and humanitarian efforts. However, altruistic behavior is often context-dependent rather than consistent—the same individuals who act generously in one situation may behave selfishly in another. Here, we review research on this phenomenon, which...
Jean Tirole
sous la direction de Subramanian Rangan, Oxford University Press, partie I, chapitre 2, 2025, p. 59–70
Any scientific discipline—any theory, formal or informal—rests on assumptions. These assumptions matter, and in the case of social sciences, they influence our vision of society and our policy recommendations. This chapter reviews and comments on assumptions most commonly made by economists—...
Eran Shmaya et Bruno Ziliotto
vol. 63, n° 3, 2025
We consider a mean-field game model in which the cost functions depend on a fixed parameter referred to as the “state,” which remains unknown to the players. Players acquire information about the state through private signals received during the course of the game. We derive a mean-field system...
André Grimaud et Luc Rougé
vol. 29, n° e98, 2025, p. 1–30
Technical progress is considered a key element in the fight against climate change. It may take the form of technological breakthroughs, that is, shocks that induce significant leaps in the stock of knowledge. We use an endogenous growth framework with directed technical change to analyze the...