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Lukas Dargel et Christine Thomas-Agnan
n° 23-1409, février 2023
In the framework of spatial econometric interaction models for origin-destination flows, we develop an estimation method for the case when the list of origins may be distinct from the list of destinations, and when the origin-destination matrix may be sparse. The proposed model resembles a...
Sébastien Gadat et Fabien Panloup
vol. 156, février 2023, p. 312–348
Perrin Lefebvre et David Martimort
février 2023
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...
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...
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...
Farid Gasmi, Laura Recuero Virto et Denis Couvet
n° 23-1399, janvier 2023
Using a novel database on countries exposed to coastal risks (CR), this paper estimates an augmented neoclassical growth model that nests eight other new growth models. To account for uncertainty related to model multiplicity and choice of growth determinant proxies, we use a Bayesian model...
Alexandre de Cornière et Miklos Sarvary
vol. 69, n° 1, janvier 2023
The growing influence of internet platforms acting as content aggregators is one of the most important challenges facing the media industry. We develop a simple model to understand the impact of third-party content bundling by a social platform that has a monopoly on showing user-generated content...
Christian Gouriéroux et Joann Jasiak
vol. 232, n° 1, janvier 2023, p. 35–51
A major difficulty in the analysis of Covid-19 transmission is that many infected individuals are asymptomatic. For this reason, the total counts of infected individuals and of recovered immunized individuals are unknown, especially during the early phase of the epidemic. In this paper, we consider...
Andrea Attar, Eloisa Campioni et Gwenaël Piaser
vol. 222, n° 110932, janvier 2023
We study competing-mechanism games, in which multiple principals contract with multiple agents. We reconsider the issue of non-existence of an equilibrium as first raised by Myerson (1982). In the context of his example, we establish the existence of a perfect Bayesian equilibrium. We clarify that...