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Estelle Malavolti et Chunan Wang
vol. 2022, 2022
In the context of the SESAR (Single European Sky Air traffic management Research) Joint Undertaking, the role that the air navigation service provider (ANSP) could play has been reconsidered. ANSP manages traffic and deals with potential conflict situations and external events, which have led to...
Céline Bonnet, Zohra Bouamra-Mechemache et Gordon Klein
vol. 49, n° 5, décembre 2022, p. 1113–1145
In this paper, we analyse the strategic role of the recent introduction of national brand (NB) products by hard discounters (HDs) in the French food retailing market and its impact both at the retail and manufacturer levels. We use a structural econometric model of vertical relationships and...
Daniel L. Chen et Susan Yeh
n° 22-1396, décembre 2022
Does obscenity law corrode moral values and does it matter? Using random judge assignment and all U.S. obscenity precedents since 1958, we present four main results. Progressive laws liberalized sexual attitudes and behaviors, reduced child abuse, but increased asymptomatic STDs. We document that...
Abdelaati Daouia, Irene Gijbels et Gilles Stupfler
vol. 117, n° 539, 2022, p. 1579–1586
Regression extremiles define a least squares analogue of regression quantiles. They are determined by weighted expectations rather than tail probabilities. Of special interest is their intuitive meaning in terms of expected minima and maxima. Their use appears naturally in risk management where, in...
Elliott Ash, Daniel L. Chen et Suresh Naidu
n° 22-1392, décembre 2022
This paper provides a quantitative analysis of the eects of the early law and economics movement on the U.S. judiciary. Using the universe of published opinions in U.S. Circuit Courts and 1 million District Court criminal sentencing decisions linked to judge identity, we estimate the eect of...
Christopher Clayton et Andreas Schaab
n° 22-1389, décembre 2022
Should central banks’ inflation targets remain set in stone? We study a dynamic mechanism design problem between a government (principal) and a central bank (agent). The central bank has persistent private information about structural shocks. Firms learn the state from the central bank’s reports...
Larbi Alaoui, Katharina A. Janezic et Antonio Penta
n° 22-1394, décembre 2022
How coordination can be achieved in isolated, one-shot interactions without communication and in the absence of focal points is a long-standing question in game theory. We show that a cost-benefit approach to reasoning in strategic settings delivers sharp theoretical predictions that address this...
Javier Palarea-Albaladejo, Josep Antoni Martín-Fernández, Anne Ruiz-Gazen et Christine Thomas-Agnan
vol. 36, n° 12, décembre 2022
Compositional methods have been successfully integrated into the chemometric toolkit to analyse and model different types of data generated by modern high-throughput technologies. Within this compositional framework, the focus is put on the relative information conveyed in the data by using log-...
Joan Calzada, Ester Manna et Andrea Mantovani
vol. 31, n° 3, 2022, p. 609–637
Price parity clauses (PPCs) are widely adopted by online platforms to force client sellers not to lower their prices elsewhere. We investigate under what conditions online travel agencies (OTAs) decide to apply PPCs, and how this affects hotels' listing decisions on OTAs. We find OTAs adopt PPCs...
Philippe Wahl (La Poste Groupe), Laure de La Raudière (ARCEP), Pierre Régibeau (European Commission) et Yves-Alexandre de Montjoye (Imperial College London)
TSE, 2022
