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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,...
Takuro Yamashita et Shuguang Zhu
n° 21-1242, août 2021
We study a mechanism design problem where the principal can also manipulate the agent’s information about a payoff-relevant state. Jointly designing information and allocation rule is proved equivalent to certain multi-dimensional screening problem. Based on this equivalence, when the agent’s types...
Milo Bianchi et Henri Luomaranta
n° 21-1252, août 2021, révision septembre 2025
We explore how CEO ownership a¤ects productivity in small and large firms. We use administrative panel data on the universe of limited lia- bility firms in Finland and exploit plausibly exogenous variations to CEO ownership induced by shocks to the CEO spouse's health. We document a substantial...
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...
Marcel Boyer
n° 21-1190, août 2021
Several voices are rising to demand an in-depth reform of capitalism in the wake of the financial crisis of 2007-2010, the increase in income and wealth inequalities of the last four decades, the climate urgency in a local global world. There is a real danger that governments will be put under...
Kathryn Schwartz et Omar Youssef Cheta
vol. 252, n° 1, août 2021, p. 179–211
In 1871, an Italian-Jewish printer published a peculiar Arabic treatise from Cairo. It promoted strengthening legal pluralism in Khedival Egypt by realigning laws there to accord with those of the Ottoman Empire and European states. Composed by the printer’s legal team, the treatise questioned how...
Hillary Fouts, Lauren Bader, Carin L. Neitzel et Daniela Salinas
vol. 30, n° 3, août 2021, p. 713–729
Although the emergence of gender segregation in early childhood is a well‐established pattern in formal settings (i.e., group childcare, preschool) from research predominantly in North America, little is known about the gender segregation among young children in Sub‐Saharan Africa, especially in...
Emmanuelle Auriol, Diego Delissaint, Maleke Fourati, Josepa Miquel-Florensa et Paul Seabright
vol. 144, n° 105441, août 2021
We conducted an experimental study in Haiti testing for the relationship between religious belief and individual risk taking behavior. 774 subjects played lotteries in a standard neutral protocol and subsequently with reduced endowments but in the presence of religious images of Catholic,...
Christophe Bontemps, Douadia Bougherara et Céline Nauges
vol. 26, n° 4, août 2021, p. 609–630
Even if there exists an extensive literature on the modeling of farmers’ behavior under risk, actual measurements of the quantitative impact of risk aversion on input use are rare. In this article, we use simulations to quantify the impact of risk aversion on the optimal quantity of input and...
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...