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Andrea Attar, Eloisa Campioni, Thomas Mariotti et Gwenaël Piaser
vol. 125, janvier 2021, p. 79–93
We study competing-mechanism games under exclusive competition: principals first simultaneously post mechanisms, after which agents simultaneously choose to participate and communicate with at most one principal. In this setting, which is common to competing-auction and competitive-search...
Milo Bianchi, Rose-Anne Dana et Elyès Jouini
n° 21-1181, janvier 2021
Consider a Örm owned by shareholders with heterogeneous beliefs and discount rates who delegate to a manager the choice of a production plan. The shareholders and the manager can trade contingent claims in a complete asset market. Shareholders cannot observe the chosen production plan and design a...
Aurore Archimbaud, Fériel Boulfani, Xavier Gendre, Klaus Nordhausen, Anne Ruiz-Gazen et Joni Virta
n° 21-1182, janvier 2021, révision mars 2022
Multivariate functional anomaly detection has received a large amount of attention recently. Accounting both the time dimension and the correlations between variables is challenging due to the existence of different types of outliers and the dimension of the data. Most of the existing methods focus...
Victor Gay
n° 21-120, janvier 2021
This article explores the pathways that underlie the diffusion of women’s participation in the labor force across generations. I exploit a severe exogenous shock to the sex ratio, World War I in France, which generated a large inflow of women in the labor force after the war. I show that this shock...
Matthew Adler, Maddalena Ferranna, James K. Hammitt et Nicolas Treich
vol. 75, n° 102412, janvier 2021
The social value of risk reduction (SVRR) is the marginal social value of reducing an individual’s fatality risk, as measured by some social welfare function (SWF). This Article investigates SVRR, using a lifetime utility model in which individuals are differentiated by age, lifetime income profile...
Andaine Seguin-Orlando, Richard Donat, Clio Der Sarkissian, Claire Manen, Catherine Thèves, John Southon, Yaramila Tchérémissinoff, Eric Crubézy, Beth Shapiro, Jean-François Deleuze, Love Dalen, Jean Guilaine et Ludovic Orlando
vol. 31, janvier 2021
Florence Lespiau, Astrid Hopfensitz et Gwenaël Kaminski
vol. 82, n° 102335, janvier 2021
Birth order supposedly influences individuals’ cooperative attitudes: firstborns are more family-oriented and favor their kin, while laterborns are more likely to turn to non-kin. However little direct experimental evidence exists concerning costly resource sharing between full siblings. The...
Serge Somda, Yacouba Ouedraogo, Eric Dabone, Eve Leconte et Thomas Filleron
vol. 18, n° 1, janvier 2021, p. 67–85
Median follow-up is often used to assess the quality of follow-up in longitudinal studies. Its relevance to evaluate the quality of the produced estimations seems obvious. However, there is no clear decision rule on its use. We evaluated the quality of the Kaplan-Meier estimator of the survival...
Tiziana Assenza, P. Heemeijer, C.H. Hommes et D. Massaro
vol. 17, janvier 2021, p. 170–186
The New Keynesian theory of inflation determination is tested in this paper by means of laboratory experiments. We find that the Taylor principle is a necessary condition to ensure convergence to the inflation target, but it is not sufficient. Using a behavioral model of expectation formation, we...
Christian Gouriéroux et Alain Monfort
vol. 17, janvier 2021, p. 1–22
