Recherche avancée

Milo Bianchi et Marie Brière

n° 21-1251, septembre 2021, révision mars 2024

We study the introduction of robo-advising on a large set of Employee Saving Plans. Differently from many services that fully automate portfolio decisions, our robo-advisor proposes investment and rebalancing strategies, leaving investors free to follow or ignore them. The resulting human-robot...

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...

Stephanie Assad, Emilio Calvano, Giacomo Calzolari, Robert Clark, Daniel Ershov, Justin Johnson, Sergio Pastorello, Andrew Rhodes, Lei XU, Matthijs Wildenbeest et Vincenzo Denicolò

vol. 37, n° 3, septembre 2021, p. 459–478

Markets are being populated with new generations of pricing algorithms, powered with Artificial Intelligence, that have the ability to autonomously learn to operate. This ability can be both a source of efficiency and cause of concern for the risk that algorithms autonomously and tacitly learn to...

Bruno Biais, Christophe Bisière, Matthieu Bouvard et Catherine Casamatta

sous la direction de Antonio Fernandez Anta, Chryssis Georgiou, Maurice Herlihy et Maria Potop Butucaru, août 2021

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...

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...

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...

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...

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...

Marie-Laure Allain, Claire Chambolle, Patrick Rey et Sabrina Teyssier

vol. 137, août 2021

In a vertical chain in which two rivals invest before contracting with one of two competing suppliers, partial vertical integration may create hold-up problems for the rival. We develop an experiment to test this theoretical prediction in two setups, in which suppliers can either pre-commit ex ante...