Jump to navigation
Emmanuelle Auriol
sous la direction de David V. Mc Queen, avril 2021, Oxford University Press
Regulating quality is challenging because in public utilities such as water and sanitation, quality is multidimensional, is not always objectively measurable, and can be hard to verify, both ex ante and ex post. It is therefore useful to review the main insights from the New Economics of Regulation...
Romain Espinosa et Nicolas Treich
vol. 56, avril 2021, p. 531–548
While antispeciesism is an ethical notion, veganism is behavioral. In this paper, we examine the links between the two. Building on Blackorby and Donaldson (1992), we consider a two-species model in which humans consume animals. The level of antispeciesism is conceived as the weight on animals'...
James K. Hammitt
vol. 12, n° 1, avril 2021, p. 64 – 84
Benefit–cost analysis (BCA) is often viewed as measuring the efficiency of a policy independent of the distribution of its consequences. The role of distributional effects on policy choice is disputed; either: (a) the policy that maximizes net benefits should be selected and distributional concerns...
Sreemati Mitter
vol. 50, n° 2, avril 2021, p. 138–143
In addition to selecting a “greatest hit” and a “hidden gem,” here, Sreemati Mitter provides readers with a broad overview of Journal of Palestine Studies (JPS) content on the topic of capitalism in Palestine. Mitter singles out Alexander Schölch’s classic, “The Economic Development of Palestine,...
Francesca Barigozzi, Helmuth Cremer et Jean-Marie Lozachmeur
n° 21-1217, avril 2021, révision février 2023
We study the design of pension benets for male and female workers. Women live longer than men but have a lower wage. Individuals can be single or live in couples who pool their incomes. Social welfare is utilitarian but an increasing concave transforma- tion of individualslifetime utilities...
Claude Crampes et Michel Moreaux
n° 21-1200, avril 2021
En augmentant la taille des équipements de production, de stockage et de transport, les entrepreneurs, privés et publics, veulent tirer avantage d’un accroissement de volume (outputs) proportionnellement supérieur à l’accroissement de surface (inputs). Mais ce gain d’échelle est limité par la...
Catherine Bobtcheff et Thomas Mariotti
n° 21-1202, avril 2021, révision 10 février 2025
Firms receiving independent signals on a common-value risky project compete to be the first to invest. When firms are symmetric and competition is winner-take-all, rents are fully dissipated in equilibrium and the extent to which signals are publicly disclosed is irrelevant for welfare. When...
Andrea Attar, Thomas Mariotti et François Salanié
n° 21-1201, avril 2021, révision août 2022
This article surveys recent attempts at characterizing competitive allocations under adverse selection when each informed agent can privately trade with several uninformed parties: that is, trade is nonexclusive. We rst show that requiring market outcomes to be robust to entry selects a unique...
Jorge Ale-Chilet, Cuicui Chen, Jing Li et Mathias Reynaert
n° 21-1204, avril 2021, révision octobre 2024
We study collusion among firms against imperfectly monitored environmental regulation. Firms increase variable profits by violating regulation and reduce expected noncompliance penalties by violating jointly. We consider a case of three German automakers colluding to reduce the effectiveness of...
Claude Crampes et Thomas-Olivier Léautier
n° 21-1205, avril 2021, révision janvier 2022
Pour encourager les opérations de rénovation des bâtiments et le remplacement de vieux équipements énergivores, certains gouvernements ont instauré un système de certificats blancs obligeant les gros producteurs et distributeurs de gaz naturel, électricité et fioul à apporter la preuve qu’ils ont...
