Recherche avancée

Frédéric Cherbonnier

n° 21-123, septembre 2021

We examine the provision of insurance against non-observable liquidity shocks for time-inconsistent agents who can privately store resources. When lack of self-control is strong enough, optimal contracts are similar to individual nancial accounts with remunerated savings and costly borrowing. The...

Claude Crampes et Yassine Lefouili

n° 15, septembre 2021, p. 37–41

Cet article examine les arbitrages associés à la numérisation du secteur de l'énergie. Nous présentons les bons et mauvais côtés de la numérisation, en insistant sur son caractère énergivore, et étudions dans quelle mesure elle peut contribuer à rendre les systèmes énergétiques efficients et...

Eric Reinhart et Daniel L. Chen

septembre 2021

Mass incarceration is known to foster infectious disease outbreaks, amplification of infectious diseases in surrounding communities, and exacerbation of health disparities in disproportionately policed communities. To date, however, policy interventions intended to achieve epidemic mitigation in US...

Raymond Duch, Laurence Roope, Mara Violato, MF Becerra, T. Robinson, Jean-François Bonnefon, Jorge Friedman, Peter Loewen, P. Mamidi, Alessia Melegaro, M. Blanco, Juan F. Vargas, J. Seither, P. Candio, AG Cruz, X. Hua, Adrian Barnett et Philip Clarke

vol. 118, n° 8, septembre 2021

How does the public want a COVID-19 vaccine to be allocated? We conducted a conjoint experiment asking 15,536 adults in 13 countries to evaluate 248,576 profiles of potential vaccine recipients that varied randomly on five attributes. Our sample includes diverse countries from all continents. The...

Andrea Attar, Thomas Mariotti et François Salanié

vol. 111, n° 8, août 2021, p. 2623–2659

This paper studies competitive allocations under adverse selection. We rst provide a general necessary and sucient condition for entry on an inactive market to be unprotable. We then use this result to characterize, for an active market, a unique budget-balanced allocation implemented by a market...

Takuro Yamashita et Roberto Sarkisian

n° 21-1241, août 2021

In many mechanism design problems in practice, often allocation externality exists (e.g., peer effects in student allocation, and post-license com- petition in oligopoly). Despite the practical importance, mechanism design with allocation externality has not been much explored in the literature,...

Augustin Tapsoba

n° 21-1240, août 2021, révision août 2022

This paper studies how short-term changes in aggregate economic conditions influence family formation outcomes in the presence of polygyny. It develops a simple marriage market framework with overlapping generations in which polygyny is modeled as a sequential one-to-one matching, and bride price...

Anthony Fardet, Marion Desquilbet et Edmond Rock

août 2021, p. 1–11

In France, hypermarkets are the main shopping sites for food products. Therefore, the food-purchasing profiles of their regular customers may be a relevant indicator of the sustainability and health potentials of consumed diets. Knowing this information can be a step to address the issue of global...

Volker Nocke et Patrick Rey

n° 21-1239, août 2021, révision octobre 2022

In this paper, we develop a model of within-firm sequential, directed search and study a firm’s ability and incentive to steer consumers. The paper’s main insight is that the firm often benefits from garbling the information it provides to consumers. This induces consumers to keep searching but...

Zoe Purcell, Stephanie Howarth, Colin Wastell, Andrew Roberts et Naomi Sweller

vol. 81, août 2021

The Cognitive Reflection Test (CRT) has been used in thousands of studies across several fields of behavioural research. The CRT has fascinated scholars because it commonly elicits incorrect answers despite most respondents possessing the necessary knowledge to reach the correct answer. Traditional...