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James K. Hammitt et Tuba Tuncel
n° 23-1416, mars 2023
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...
Tuan Anh Luong, Manh-Hung Nguyen, N.T. Khuong Truong et Kien Le
vol. 77, mars 2023, p. 326–336
This paper investigates the extent to which individual migration decisions in Vietnam can be driven by climate change, based on the historical rainfall data from 70 weather stations in Vietnam and the Vietnam Access to Resources Household Survey. Utilizing the exogenous variation in the rainfall...
Maxime Derex et Thomas J. H. Morgan
sous la direction de Jamshid J. Tehrani, Jeremy Kendal et Rachel Kendal, Oxford University Press, février 2023
Human adaptation relies on the multigenerational transmission and accumulation of both skills and knowledge. Nonetheless, there is currently no agreement on which factor, or combination of factors, explains our peculiar ability to do so. Theoretical and empirical work, however, has identified many...
Thi-Huong Trinh, Christine Thomas-Agnan et Michel Simioni
n° 23-1410, février 2023, révision décembre 2025
In econometrics, the impact of climate change on agricultural yield has often been modeled using linear functional regression, where crop yield, a scalar response, is regressed on the temperature distribution over a given time period, treated as an ordinary functional parameter, along with other...
Louise Guillouet et David Martimort
n° 23-1411, février 2023, révision février 2026
Invoked to guide actions under irreversibility, uncertainty and limited information, the Precautionary Principle states that decision-makers should act cautiously unless the consequences of acts are known. We consider a setting where the stock of past actions, passed a tipping point which remains...
Stéphane Villeneuve et Jessica Martin
vol. 46, février 2023, p. 1–23
What type of delegation contract should be offered when facing a risk of the magnitude of the pandemic we are currently experiencing and how does the likelihood of an exogenous early termination of the relationship modify the terms of a full-commitment contract? We study these questions by...
Emmanuelle Auriol, Sara Biancini et Rodrigo Paillacar
vol. 162, n° 106072, février 2023, révision 10 juin 2026
The paper proposes an empirical analysis of the determinants of the adoption of Intellectual Property Rights (IPR) and their impact on innovation in manufacturing. The analysis is conducted with panel data covering 112 countries. First we show that IPR protection is U-shaped with respect to a...
Silvia Rossetto, Nassima Selmane et Raffaele Staglianò
vol. 50, n° 1-2, février 2023, p. 377–410
This study analyzes the relationship between mid-sized blockholders and firm risk. We show that ownership structure matters for firm risk beyond the first largest blockholder. Firms with multiple blockholders take more risk than firms with just one blockholder, even when controlling for the stake...
Sabine Noebel, Antoine Jacquet, Guillaume Isabel, Arnaud Pocheville, Paul Seabright et Etienne Danchin
vol. 98, n° 1, février 2023, p. 132–149
Although conformity as a major driver for human cultural evolution is a well-accepted and intensely studied phenomenon, its importance for non-human animal culture has been largely overlooked until recently. This limited for decades the possibility of studying the roots of human culture. Here, we...
Sébastien Gadat et Fabien Panloup
vol. 156, février 2023, p. 312–348
