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Sjaak Hurkens, Doh-Shin Jeon et Domenico Menicucci
vol. 11, n° 3, août 2019, p. 1–33
We study how bundling affects competition between two asymmetric multi-product firms. One firm dominates the other in that it produces better products more efficiently. For low (high) levels of dominance, bundling intensifies (relaxes) price competition and lowers (raises) both firms’ profits. For...
Ingela Alger et Jörgen W. Weibull
vol. 11, août 2019, p. 329–354
The literature on the evolution of preferences of individuals in strategic interactions is vast and diverse. We organize the discussion around the following question: Supposing that material outcomes drive evolutionary success, under what circumstances does evolution promote Homo economicus,...
Stefan Ambec, Alexis Garapin, Laurent Muller et Bilel Rahali
vol. 81, août 2019, p. 128–138
We investigate how institutions can shape differently the expression for efficiency and equity. We run four variants of the triple dictator game and the trust game in a within-subject design that enables to plot individual patterns. A veil of ignorance, a positional fee and information about others...
Jean-Paul Azam
n° 19-1030, août 2019
Sylvain Chabé-Ferret, Philippe Le Coent, Arnaud Reynaud, Julie Subervie et Daniel Lepercq
vol. 46, n° 3, juillet 2019, p. 393–416
We test whether social comparison nudges can promote water-saving behaviour among farmers as a complement to traditional CAP measures. We conducted a randomised controlled trial among 200 farmers equipped with irrigation smart meters in South-West France. Treated farmers received weekly information...
Laurent Miclo
vol. 23, juillet 2019, p. 409–429
The traditional quantification of free motions on Euclidean spaces into the Laplacian is revisited as a complex intertwining obtained through Doob transforms with respect to complex eigenvectors. This approach can be applied to free motions on finitely generated discrete Abelian groups: ℤm, with m...
Ujjayant Chakravorty, Marie-Hélène Hubert et Beyza Ural Marchand
vol. 10, n° 3, juillet 2019, p. 1153–1193
More than 40% of US grain is used for energy due to the Renewable Fuels Mandate (RFS). There are no studies of the global distributional consequences of this purely domestic policy. Using micro-level survey data, we trace the effect of the RFS on world food prices and their impact on household...
Emmanuelle Auriol, Sara Biancini et Rodrigo Paillacar
vol. 65, juillet 2019, p. 51–81
Developing countries' incentives to protect intellectual property rights (IPR) are studied in a model of vertical innovation. Enforcing IPR boosts export opportunities to advanced economies but slows down technological transfers and incentives to invest in R&D. Asymmetric protection of IPR,...
Matheus Bueno et Marica Valente
vol. 96, juillet 2019, p. 274–285
To internalize pollution externalities into household waste generation, Unit Pricing Systems (UPS) have been adopted worldwide. This paper evaluates the causal effects of a UPS on the disposal of municipal solid waste in Trento, Italy. Using a unique panel dataset of monthly waste generation in...
Francesca De Petrillo et Alexandra Rosati
vol. 164, juillet 2019, p. 201–213
Humans and other animals appear to defy many principles of economic ‘rationality’ when making decisions. Here, we use an ecological rationality framework to examine patterns of decision-making across species to illuminate the origins of these strategies. We argue that examples of convergent...