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Emmanuelle Auriol et Josepa Miquel-Florensa
vol. 14, n° 3, septembre 2019, p. 453–477
We present a model with two donors-principals that provide funds to a unique recipient-agent. Each donor decides how to allocate his aid funds between a pooled and a donor specific unilateral project. Both principals and the agent value the output produced with the principals' pooled and two...
Vincent Réquillart, Xavier Irz, J. Jensen, Pascal Leroy et Louis-Georges Soler
vol. 99, septembre 2019, p. 169–177
We investigate ex-ante the effects of promoting simple climate-friendly diet recommendations in Denmark, Finland and France, with the objective of identifying cost-beneficial recommendations that lower greenhouse gas emissions and improve public health. The simulation approach combines a...
Koen Jochmans et Martin Weidner
n° 87, septembre 2019, p. 1543–1560
Martin Boyer, Philippe De Donder, Claude Fluet, Marie-Louise Leroux et Pierre-Carl Michaud
n° 19-1034, septembre 2019
We conduct a stated-choice experiment where respondents are asked to rate various insurance products aimed to protect against financial risks associated with long-term care needs. Using exogenous variation in prices from the survey design and individual cost estimates, these stated-choice...
David Bardey et Philippe De Donder
n° 19-1035, septembre 2019, révision 22 janvier 2024
Personalized medicine is still in its infancy, with costly genetic tests providing little actionable information in terms of efficient prevention decisions. As a consequence, few people undertake these tests currently, and health insurance contracts pool all agents irrespective of their genetic...
Stefan Ambec et Jessica Coria
n° 19-1036, septembre 2019, révision avril 2021
We propose informational spillovers as a new rationale for the use of multiple policy instruments to mitigate a single externality. We investigate the design of a pollution standard when the firms’ abatement costs are unknown and emissions are taxed. A firm might abate pollution beyond what is...
Gary Biglaiser, Jacques Crémer et André Veiga
n° 19-1038, septembre 2019, révision mars 2020
We study incumbency advantage in platform industries, where the utility of participating in a platform is increasing in the mass of users participating in that platform. Individuals receive stochastic opportunities to migrate from an incumbent to a new (entrant) platform, which they can accept or...
Olivier Faugeras et Ludger Rüschendorf
n° 19-1039, septembre 2019, révision juin 2021
A notion of multivariate depth, resp. quantile region, was introduced in [Chernozhukov et al., 2017], based on a mass transportation approach. In [Faugeras and Ruschendorf, 2017], this approach was generalized by dening quantiles as Markov morphisms carrying suitable algebraic, ordering and...
Y. De Castro, Sébastien Gadat, Clément Marteau et Cathy Maugis
n° 19-1040, septembre 2019, révision septembre 2020
Bruno Jullien et Wilfried Sand-Zantman
septembre 2019, révision juillet 2020
Over the past 20 years, the development of the internet has transformed the global economy and had an impact on almost every aspect of our lives. Designed primarily as a means of communication, the internet has revolutionized the way we produce and exchange services and goods, whether they are...