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Koléhè Coulibaly-Pasquier et Laurent Miclo
n° 20-1130, août 2020
Romain Espinosa, Damian Tago et Nicolas Treich
vol. 76, août 2020, p. 1019–1044
Most infectious diseases in humans originate from animals. In this paper, we explore the role of animal farming and meat consumption in the emergence and amplification of infectious diseases. First, we discuss how meat production increases epidemic risks, either directly through increased contact...
Jérôme Renault et Bruno Ziliotto
vol. 45, n° 3, août 2020, p. 889–895
Johannes Hörner, Nicolas Klein et Sven Rady
n° 20-1132, août 2020, révision février 2021
This paper considers a class of experimentation games with L´evy bandits encompassing those of Bolton and Harris (1999) and Keller, Rady and Cripps (2005). Its main result is that efficient (perfect Bayesian) equilibria exist whenever players’ payoffs have a diffusion component. Hence, the trade-...
Yingni Guo et Johannes Hörner
n° 20-1133, août 2020
We analyze the optimal design of dynamic mechanisms in the absence of transfers. The agent’s value evolves according to a two-state Markov chain. The designer uses future allocation decisions to elicit private information. We solve for the optimal allocation mechanism. Unlike with transfers,...
Tuan Anh Luong et Manh-Hung Nguyen
n° 20-1137, août 2020
In this paper, we investigate the impact of containment and closure poli- cies amid the COVID-19 pandemic on the labor market. We show that these effects depend on the presence of labor uncertainty. In the absence of labor uncertainty, the containment and closure policy resulted in people applying...
Boris Babic, Daniel L. Chen, Theodoros Evgeniou et Anne-Laure Fayard
août 2020
Maxime Derex et Robert Boyd
vol. 43, août 2020
Martin Boyer, Philippe De Donder, Claude Fluet, Marie-Louise Leroux et Pierre-Carl Michaud
vol. 12, n° 3, août 2020, p. 134–169
This paper conducts a stated-choice experiment where respondents are asked to rate various insurance products aimed to protect against nancial risks associated with long-term care needs. Using exogenous variation in prices from the survey design and individual cost estimates, these stated-choice...
Eric Reinhart et Daniel L. Chen
vol. 39, n° 8, août 2020, p. 1412–1418
Jails and prisons are major sites of novel coronavirus (SARS-CoV-2) infection. Many jurisdictions in the United States have therefore accelerated the release of low-risk offenders. Early release, however, does not address how arrest and pretrial detention practices may be contributing to disease...