Jump to navigation
Yaping Wu, David Bardey, Yijuan Chen et Sanxi Li
vol. 30, n° 3, mars 2021, p. 525–543
This article explores a three‐party contracting problem when the patient and the provider possess private information that is unobservable to the insurer. We show that for an insurance mechanism to be collusion‐proof, it suffices for the insurer to rely on the incentive for one side of the patient‐...
Nicolas Treich et Yuting Yang
vol. 106, n° 102421, mars 2021
Standard benefit-cost analysis often ignores distortions caused by taxation and the heterogeneity of taxpayers. In this paper, we theoretically and numerically explore the effect of imperfect taxation on the public provision of mortality risk reductions (or public safety). We show that this effect...
E. Quintiero, Serena Gastaldi, Francesca De Petrillo, Elsa Addessi et Sacha Bourgeois-Gironde
vol. 376, n° 1819, mars 2021
Money represents a cornerstone of human modern economies and how money emerged as a medium of exchange is a crucial question for social sciences. Although non-human primates have not developed monetary systems, they can estimate, combine and exchange tokens. Here, we evaluated quantity–quality...
Elsa Addessi, Valeria Tierno, Valentina Focaroli, Federica Rossi, Serena Gastaldi, Francesca De Petrillo, Fabio Paglieri et Jeffrey R. Stevens
Principles of economics predict that the costs associated with obtaining rewards can influence choice. When individuals face choices between a smaller, immediate option and a larger, later option, they often experience opportunity costs associated with waiting for delayed rewards because they must...
Abdelaati Daouia, Stéphane Girard et Gilles Stupfler
vol. 221, n° 1, mars 2021, p. 97–117
Risk measures of a financial position are, from an empirical point of view, mainly based on quantiles. Replacing quantiles with their least squares analogues, called expectiles, has recently received increasing attention. The novel expectile-based risk measures satisfy all coherence requirements....
David Bardey, Arturo Harker et Daniela Zuluaga
n° 21-1195, mars 2021
We evaluate the impact of a price cap regulation implemented in the Colombian pharmaceutical market between 2011 and 2014. To do so, we take advantage of a unique data set where we observe three sources of variation: i) differences across eighteen groups in the Anatomical Therapeutic Chemical (ATC...
Francesco Agostinelli, Ciro Avitabile et Matteo Bobba
n° 21-1196, mars 2021, révision octobre 2023
This paper provides novel insights into the science of scaling by examining an edu-cational mentoring program in Mexico. The analysis encompasses two independent field experiments, and seizes a unique opportunity to learn from the government’s implementation of the same intervention. While the...
Christian Gollier
n° 74, mars 2021, p. 1–24
I calibrate an eco-epidemiological age-structured SIR model of the B.1.1.7 covid variant on the eve of the vaccination campaign in France, under a stop-and-go lockdown policy. Three-quarters of the welfare benefit of the vaccine can be achieved with a speed of 100,000 full vaccination per day. A 1-...
Marc Ivaldi et Jiekai Zhang
n° 21-1208, mars 2021
The empirical analysis of media platforms economics has often neglected the multi-homing behaviour of advertisers. Assuming away the cross-substitutability and/or complementarity between the advertising slots of dierent platforms could damage the quality and the robustness of counterfactual...
Emilio Calvano, Stephanie Assad, Giacomo Calzolari, Robert Clark, Vincenzo Denicolò, Daniel Ershov, Justin Johnson, Sergio Pastorello, Andrew Rhodes, Matthijs Wildenbeest et Lei XU
n° 21-1210, mars 2021
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...
