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Philippe De Donder, Marie-Louise Leroux et François Salanié
mai 2023
Advantageous selection occurs when the agents most eager to buy insurance are also the cheapest ones to insure. Hemenway (1990) links it to differences in risk-aversion among agents, implying different prevention efforts, and finally different riskinesses. We argue that it may also appear when...
Milo Bianchi et Marie Brière
sous la direction de Agostino Capponi et Charles-Albert Lehalle, Cambridge University Press, mai 2023
Sean Ennis, Marc Ivaldi et Vicente Lagos
vol. 66, n° 2, mai 2023
This paper examines the impact of most favored nation (MFN) clauses on retail prices, taking advantage of two natural experiments that changed vertical contracting between hotels and major digital platforms. The broad E.U. intervention narrowed the breadth of “price parity” obligations between...
Cristina Gualdani et Shruti Sinha
vol. 131, n° 5, mai 2023
We study partial identification of the preference parameters in the one-to-one matching model with perfectly transferable utilities. We do so without imposing parametric distributional as-sumptions on the unobserved heterogeneity and with data on one large market. We provide a tractable...
Jochen Krattenmacher, Paula Casal, Jan Dutkiewicz, Elise Huchard, Edel Sanders et Nicolas Treich
vol. 7, mai 2023, p. 354–355
James K. Hammitt et Tuba Tuncel
mai 2023, révision 10 juin 2026
Individuals’ monetary values of decreases in mortality risk depend on the magnitude and timing of the risk reduction. We elicited stated preferences among three time paths of risk reduction yielding the same increase in life expectancy (decreasing risk for the next decade, subtracting a constant...
Koen Jochmans
n° 24-1502, mai 2023
We consider point estimation and inference based on modifications of the profile likelihood in models for dyadic interactions between n agents featuring agent-specific parameters. The maximum-likelihood estimator of such models has bias and standard deviation of order n-1 and so is asymptotically...
Ingela Alger, Laura Juarez, Miriam Juarez-Torres et Josepa Miquel-Florensa
vol. 37, n° 2, mai 2023, p. 205–220
This study presents evidence from a lab-in-the-field experiment, conducted in eight small, rural villages in Mexico, in which subjects choose to exert real effort to fund real health centers in their own and other localities. The results show that women are more willing than men to exert effort to...
Kinga Makovi, Anahit Sargsyan, Wendi Li, Jean-François Bonnefon et Tahal Rahwan
n° 3108, mai 2023
With the progress of artificial intelligence and the emergence of global online communities, humans and machines are increasingly participating in mixed collectives in which they can help or hinder each other. Human societies have had thousands of years to consolidate the social norms that promote...
Thomas Mariotti, Nikolaus Schweizer, Nora Szech et Jonas von Wangenheim
vol. 69, n° 4, avril 2023, p. 2182–2197
We study the optimal design of information nudges for present-biased consumers who make sequential consumption decisions without exact prior knowledge of their long-term consequences. For any distribution of risks, there exists a consumer-optimal information nudge that is of cutoff type,...
