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Jonathon McPhetres, Bence Bago et Gordon Pennycook
décembre 2021
Generally, it is assumed that a primary source of contention surrounding science is political and, therefore, that partisan disagreement drives attitudes about various science topics. Other models focus on the roles of basic science knowledge and cognitive sophistication, arguing that these...
Koen Jochmans et Martin Weidner
n° 21-1275, décembre 2021
We consider a situation where the distribution of a random variable is being estimated by the empirical distribution of noisy measurements of that variable. This is common practice in, for example, teacher value-added models and other fixed-effect models for panel data. We use an asymptotic...
Jean-Charles Rochet (Toulouse School of Economics;University of Geneva)
TSE, Toulouse, 2021
Philippe De Donder, Humberto Llavador, Stefan Penczynski, John E. Roemer et Roberto Vélez
n° 21-1278, décembre 2021, révision 2025
The vaccination game exhibits positive externalities. The standard game-theoretic approach assumes that parents make decisions according to the Nash protocol, which is ndividualistic and non-cooperative. However, in more solidaristic societies, parents may behave cooperatively, optimizing according...
Alexandre de Cornière et Greg Taylor
n° 21-1285, décembre 2021
Cyberattacks are a pervasive threat in the digital economy, with the potential to harm rms and their customers. Larger rms constitute more valuable targets to hack- ers, thereby creating negative network eects. These can be mitigated by investments in security, which play both a deterrent and a...
Jieying Hong et Sébastien Pouget
n° 21-1283, décembre 2021
This paper studies the role of preopening periods in liquidity formation and welfare in financial markets. Because no transaction occurs during these preopening periods, their economic significance could be questioned. We model a market where costly participation and asymmetric information prevent...
Manh-Hung Nguyen
vol. Chapter 3, 2021
vol. Chaper 5, 2021
Nicolo Cesa-Bianchi, Tommaso Cesari, Yishay Mansour et Vianney Perchet
2021
We introduce a novel theoretical framework for Return On Investment (ROI) maximization in repeated decision-making. Our setting is motivated by the use case of companies that regularly receive proposals for technological innovations and want to quickly decide whether they are worth implementing. We...
Mohamed Saleh
sous la direction de Stephen Broadberry et Kyoji Fukao, 2021, à paraître
