Recherche avancée

Doh-Shin Jeon et Yassine Lefouili

n° 20-1119, juin 2020, révision août 2025

We consider an industry with n≥3 firms owning upstream inputs and interacting noncooperatively in a downstream market. Under general conditions, upstream bilateral agreements giving firms access to one another's input lead to industry profit maximization. This decentralization result applies to...

Matthieu Bouvard et Samuel Lee

vol. 33, n° 6, juin 2020, p. 2468–2505

We study a model in which firms compete preemptively for trading opportunities and risk management introduces latency in trading. As the time pressure faced by firms is endogenous to risk management choices, strategic complementarities can trigger a “race to the bottom” where prioritizing trade...

Rida Laraki et Jérôme Renault

vol. 45, n° 4, juin 2020, p. 1237–1257

We consider 2-player zero-sum stochastic games where each player controls his own state variable living in a compact metric space. The terminology comes from gambling problems where the state of a player represents its wealth in a casino. Under standard assumptions (e.g. continuous running payoff...

Koen Jochmans et Vincenzo Verardi

vol. 20, juin 2020, p. 468–480

David Martimort, Jérôme Pouyet et Carine Staropoli

vol. 29, n° 3, juin 2020, p. 605–634

Andrea Enache et Jean-Pierre Florens

vol. 36, n° 3, juin 2020, p. 386–409

The first novelty of this paper is that we show global identification of the private values distribution in a sealed-bid third-price auction model using a fully nonparametric methodology. The second novelty of the paper comes from the study of the identification and estimation of the model using a...

Olga Bernard

vol. 138, juin 2020, p. 21–48

I examine how incentives for refutation affect publication quality. I build a sequential model of public experimentation with two scientists, a researcher and a refuter. The researcher chooses when to publish a result confirming a hypothesis, with a probability that the result has type I error. The...

Francesca De Petrillo et Alexandra Rosati

vol. 164, juin 2020, p. 193–204

Inference by exclusion, or the ability to select a correct course of action by systematically excluding other potential alternatives, is a form of logical inference that allows individuals to solve problems without complete information. Current comparative research shows that several bird, mammal...

Christian Gollier

n° 24, juin 2020, p. 1–31

I calibrate a Multi-Risk SIR model on the covid pandemic to analyze the impact of the age-specific confinement and PCR testing policies on incomes and mortality. Two polar strategies emerge as potentially optimal. The suppression policy would crush the curve by confining 90% of the population for 4...

Lauren Bader, J.M. Ward, H.B. Moran, Hillary Fouts et Julia Jaekel

vol. 7, n° 6, juin 2020, p. 1–19

Refugees often parent under extreme circumstances. Parenting practices have implications for child outcomes, and parenting in the context of refugee resettlement is likely to be dynamic as parents negotiate a new culture. This study examined African origin mothers’ infant care values and practices...