Recherche avancée

Lukas Dargel

n° 21-1192, février 2021

Taking advantage of a generalization of the matrix formulation introduced by LeSage and Pace (2008), this article presents improvements in the computational performance and flexibility of three estimators of spatial econometric interaction models. By generalizing computational techniques for the...

Ingela Alger, Konrad Dierks et Jean-François Laslier

n° 21-1193, février 2021, révision mai 2026

Why would voters incur costs to cast votes they believe are inconsequential? We show that a form of universalization ethics can help explain this “paradox of costly voting“. The political model has two candidates, a continuum of voters, a known underdog, and two novel elements: core voters (who...

Linqun Liu et Nicolas Treich

n° 21-1194, février 2021

This paper studies the role of risk attitudes in determining the optimality of winner-take-all contests. We compare the typical singlewinner lottery contest with two alternatives, both spreading the rewards to more players: through holding multiple prize-giving lottery competitions or through...

Christophe Alain Bruneel-Zupanc

n° 21-1185, février 2021

This paper develops a general framework for models, static or dynamic, in which agents simultaneously make both discrete and continuous choices. I show that such models are nonparametrically identified. Based on the constructive identification arguments, I build a novel two-step estimation method...

Christophe Alain Bruneel-Zupanc

n° 21-1186, février 2021

This paper examines the decision problem of a homeowner who maximizes her expected profitfrom the sale of her property when market conditions are uncertain. Using a large dataset of realestate transactions in Pennsylvania between 2011 and 2014, I verify several stylized facts aboutthe...

Nicolas Treich et Yuting Yang

n° 21-1188, février 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...

David Bardey, Manuel Fernandez et Alexis Gravel

n° 21-1189, février 2021

Using detailed daily information covering 100 countries and an event-study approach, we estimate the short run eects of implementing Non-Pharmaceutical Interventions (NPIs) on the spread of the COVID-19 virus at the early stages of the pandemic. We study the impact of two NPIs {stay-at-home...

Ingela Alger, Konrad Dierks et Jean-François Laslier

n° 21-122, février 2021, révision mai 2026

Why would voters incur costs to cast votes they believe are inconsequential? We show that a form of universalization ethics can help explain this “paradox of costly voting“. The political model has two candidates, a continuum of voters, a known underdog, and two novel elements: core voters (who...

Gladys Barragan, Maxime Cauchoix, Anne Regnier, Marie Bourjade, Astrid Hopfensitz et Alexis Chaine

vol. 288, n° 1944, février 2021

Cooperation plays a key role in the development of advanced societies and can be stabilized through shared genes (kinship) or reciprocation. In humans, cooperation among kin occurs more readily than cooperation among non-kin. In many organisms, cooperation can shift with age (e.g. helpers at the...

Doh-Shin Jeon et Jay Pil Choi

vol. 13, n° 1, février 2021, p. 283–337

Partly motivated by the recent antitrust investigations concerning Google, we develop a leverage theory of tying in two-sided markets. We analyze incentives for a monopolist to tie its monopolized product with another product in a two-sided market. Tying provides a mechanism to circumvent the non-...