Recherche avancée

Marcel Boyer

n° 20-1166, novembre 2020

Claude Crampes et Thomas-Olivier Léautier

n° 20-1167, novembre 2020

Les certificats négociables sont un bon outil de promotion des activités économiques quand celles-ci permettent d’améliorer le surplus social. Les certificats blancs, parce qu’ils encouragent les activités destinées à réduire la consommation d’énergie et parce que ces activités sont des ‘biens de...

Ingela Alger et Jean-François Laslier

n° 20-1168, novembre 2020, révision octobre 2021

This paper revisits two classical problems in the theory of voting—viz. the divided majority problem and the strategic revelation of information—in the light of evolutionarily founded partial Kantian morality. It is shown that, compared to electorates consisting of purely self-interested voters,...

Marcel Boyer

n° 20-1169, novembre 2020

: In the assessment of the cost of public funds, there is a pervasive economic fallacy, which is frequently repeated by officials in both the private and public sectors as well as in academia: since the cost of borrowing is higher for a private sector firm than it is for a public sector firm, the...

Pierre Dubois et Morten Sæthre

vol. 88, n° 6, novembre 2020, p. 2503–2545

Differences in regulated pharmaceutical prices within the European Economic Area create arbitrage opportunities that pharmacy retailers can access through parallel imports. For prescription drugs under patent, parallel trade affects the sharing of profits among an innovating pharmaceutical company...

Arnaud Tognetti, Valérie Durand, Mélissa Barkat-Defradas et Astrid Hopfensitz

vol. 111, n° 4, novembre 2020, p. 823–839

The sound of the voice has several acoustic features that influence the perception of how cooperative the speaker is. It remains unknown, however, whether these acoustic features are associated with actual cooperative behaviour. This issue is crucial to disentangle whether inferences of traits from...

Soeren Henn, Horacio Larreguy et John Marshall

n° 20-1154, octobre 2020

Anna D’Annunzio, M. Mardan et Antonio Russo

vol. 51, n° 3, octobre 2020, p. 786–804

Jihyun Kim et Nour Meddahi

vol. 218, n° 2, octobre 2020, p. 690–713

Nowadays, a common method to forecast integrated variance is to use the fitted value of a simple OLS autoregression of the realized variance. However, non-parametric estimates of the tail index of this realized variance process reveal that its second moment is possibly unbounded. In this case, the...

Daniel L. Chen

vol. 7, n° 2, octobre 2020, p. 190–221

This paper builds and tests a model of marriage as an incomplete contract that arises from asymmetric virginity premiums and examines whether this can lead to social inefficiencies. Contrary to the efficient households hypothesis, women cannot prevent being appropriated by men once they enter...