Recherche avancée

Philippe De Donder et Marie-Louise Leroux

n° 19-1061, décembre 2019, révision août 2021

We study the demand for actuarially fair Long Term Care (LTC hereafter) insurance in a setting where autonomous agents only care for daily life consumption while dependent agents also care for LTC expenditures. We assume that dependency decreases the marginal utility of daily life consumption. We...

Christine Thomas-Agnan et Joanna Morais

n° 19-1057, décembre 2019

In the framework of Compositional Data Analysis, vectors carrying relative information, also called compositional vectors, can appear in regression models either as dependent or as explanatory variables. In some situations, they can be on both sides of the regression equation. Measuring the...

Luke Glowacki, Samuel Mehr, Manvir Singh, Dean Knox, Daniel Ketter, Daniel Pickens-Jones, S. Atwood, Christopher Lucas, Nori Jacoby, Alena Egner, Erin Hopkins, Rhea Howard, Joshua Hartshorne, Mariela Jennings, Jan Simson, Constance Bainbridge, Steven Pinker, Timothy O'Donnell et Max Krasnow

vol. 366, n° 6468, novembre 2019

Cristina Gualdani et Shruti Sinha

n° 19-1049, novembre 2019, révision juin 2020

We study identification of preferences in a single-agent, static, discrete choice model where the decision maker may be imperfectly informed about the utility generated by the available alternatives. We impose no restrictions on the information frictions the decision maker may face and impose weak...

Ingela Alger et Donald Cox

novembre 2019, 32 pages

Jean-François Bonnefon, Fatimah Ishowo-Oloko, Zakariyah Soroye, Jacob W. Crandall, Iyad Rahwan et Tahal Rahwan

vol. 1, novembre 2019, p. 517–521

Recent advances in artificial intelligence and deep learning have made it possible for bots to pass as humans, as is the case with the recent Google Duplex—an automated voice assistant capable of generating realistic speech that can fool humans into thinking they are talking to another human. Such...

David Austen-Smith, Wioletta Dziuda, Bård Harstad et Antoine Loeper

vol. 14, n° 4, novembre 2019, p. 1483–1534

Why do rational politicians choose ine¢ cient policy instruments? Environmental regulation for example, often takes the form of technology standards and quotas even when cost-effective Pigou taxes are available. To shed light on this puzzle, we present a stochastic game with multiple legislative...

Farid Gasmi et Philip Hanspach

n° 19-1052, novembre 2019

This article proposes a two-country model of electricity trade under peak-load pricing. We apply the model to France and the UK to assess the benefit to the UK of trade within the European internal energy market (IEM). Calibration and simulations of the model aimed at simulating bilateral trade in...

Emmanuelle Auriol, Diego Delissaint, Maleke Fourati, Josepa Miquel-Florensa et Paul Seabright

n° 19-1053, novembre 2019

We conducted an experimental study in Haiti testing for the relationship between religious belief and individual risk taking behavior. 774 subjects played lotteries in a standard neutral protocol and subsequently with reduced endowments but in the presence of religious images of Catholic,...

Boris Van Leeuwen et Ingela Alger

n° 19-1056, novembre 2019, révision novembre 2023

Theory suggests that a form of Kantian morality has evolutionary founda- tions. To investigate the relative importance of Kantian morality and social preferences, we run a laboratory experiment on strategic interaction in social dilemmas. We struc- turally estimate social preferences and Kantian...