Jump to navigation
Pierre Dubois, Elissa Gentry et Tuba Tuncel
n° 23-1459, juillet 2023, révision janvier 2026
Off-label use regulation has the potential to change pharmaceutical rms' behavior and|consequently|affect patient welfare. We investigate the impact of two changes in off-label regulation on pharmaceutical rms' behavior in seeking formal market- ing approval for supplementary uses. In 2012, a US...
Benjamin Ouvrard, Raphaele Préget, Arnaud Reynaud et L. Tuffery
vol. 50, n° 3, juillet 2023, p. 1178–1226
We use a discrete choice experiment with treatments to test if voluntary adoption of smart water meters by French farmers can be fostered by (i) a collective conditional subsidy offered to farmers who adopt a smart meter only if the rate of adoption in their geographic area is sufficiently high and...
Pierre Dubois et Gokce Gokkoca
n° 23-1457, juillet 2023, révision janvier 2025
Antimicrobial resistance (AMR) increases hospital stays, medical costs and mortality. Antibiotic consumption and resulting selective pressure on bacteria can create AMR. We study the role of AMR on changes in prescriptions of antibiotics in France for treating bladder inflammation (cystitis) using...
Lukas Dargel et Christine Thomas-Agnan
n° 23-1456, juillet 2023, révision 20 septembre 2023
The interpretation of regression models with compositional vectors as dependent and/or independent variables has been approached from different perspectives. The first approaches that appeared in the literature are done in coordinate space after some log-ratio transformation of the share vectors....
Abdelaati Daouia, Gilles Stupfler et Antoine Usseglio-Carleve
n° 23-1458, juillet 2023
A substantial body of work in the last 15 years has shown that expectiles constitute an excellent candidate for becoming a standard tool in probabilistic and statistical modeling. Surprisingly, the question of how expectiles may be efficiently calculated has been left largely untouched. We fill...
Daniel L. Chen et Arnaud Philippe
vol. 211, juillet 2023, p. 324–344
We document judicial leniency on defendant birthdays across 4.8 million decisions. Our results are consistent with reference-dependent social preferences. First, French sentences are 1% fewer and around 5% shorter. Second, U.S. federal judges also round down sentences except when rounding up makes...
Ori Plonsky, Daniel L. Chen, Liat Netzer, Talya Steiner et Yuval Feldman
vol. 108, n° 7, juillet 2023, p. 1137–1156
Experts and employees in many domains make multiple similar but independent decisions in sequence. Often, the serial position of the case in the sequence influences the decision. Explanations for these serial position effects focus on the role of decision makers’ fatigue, but these effects emerge...
Bertille Antoine et Pascal Lavergne
vol. 234, n° 1, juillet 2023, p. 1–24
For a linear IV regression, we propose two new inference procedures on parameters of endogenous variables that are robust to any identification pattern, do not rely on a linear first-stage equation, and account for heteroskedasticity of unknown form. Building on Bierens (1982), we first propose an...
Hans Gersbach, Jean-Charles Rochet et Martin Scheffel
vol. 27, n° 4, juillet 2023, p. 1423–1469
We integrate bank and bond financing into a two-sector neoclassical growth model and identify an automatic stabilization effect due to endogenous bank leverage adjustment. We show that although bank leverage amplifies shocks, the increase of leverage due to a decline in bank equity partially...
Ingela Alger et Jörgen W. Weibull
vol. 140, juillet 2023, p. 585–587
Theorem 1 in Alger and Weibull (2016, Games and Economic Behavior) consists of two statements. The first establishes that Homo moralis with the right degree of morality is evolutionarily stable. The second statement is a claim about sufficient conditions for other goal functions to be...
