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Justina Klimaviciute, Harun Onder et Pierre Pestieau
2019, p. 1–20
The role of inherited wealth in modern economies has increasingly come under scrutiny. This study presents one of the first attempts to shed light on how demographic aging could shape this role. It shows that, in the absence of retirement annuities, or for a given level of annuitization, both...
Daniel L. Chen
2019sous la direction de Michael Livermore et Daniel Rockmore, Santa Fe Institute Press, 2019
Predictive judicial analytics holds the promise of increasing the fairness of law. Much empirical work observes inconsistencies in judicial behavior. By predicting judicial decisions—with more or less accuracy depending on judicial attributes or case characteristics—machine learning offers an...
Bert Willems (CentER and TILEC, Tilburg University;Toulouse School of Economics)
Atria Mercure Compans Caffarelli, Toulouse, France, 2019
Fabien Gensbittel et Christine Grün
vol. 44, n° 1, 2019, p. 277–302
We study a model of two-player, zero-sum, stopping games with asymmetric information. We assume that the payoff depends on two independent continuous-time Markov chains, where the first Markov chain is only observed by player 1 and the second Markov chain is only observed by player 2, implying that...
Stéphane Straub et Marianne Fay
vol. 3, n° 1, 2019, p. 76–99
The question of infrastructure needs is a crucial policy one in Latin America, given evidence of large access shortfalls across all major types of infrastructure, and the increase in demand linked to the rapid growth in households’ income over the past two decades. However, how much and how fast...
Jean-Pierre Amigues et Tunc Durmaz
vol. 24, n° 6, décembre 2019, p. 703–725
Alexandre Cornière (de) et Greg Taylor
vol. 50, n° 4, 2019, p. 854–882
We study situations in which consumers rely on a biased intermediary’s advice when choosing among sellers. We introduce the notion that sellers’ and consumers’ payoffs can be congruent or conflicting, and show that this has important implications for the effects of bias. Under congruence, the firm...
Margot Dazey
vol. 117, n° 4, décembre 2019, p. 74–93
Cet article étudie la façon dont les acteurs associatifs musulmans s’emploient à être reconnus comme des interlocuteurs respectables par les autorités publiques locales. À partir d’une enquête ethnographique auprès de la Fédération musulmane de la Gironde, il s’agit de reconstituer les conditions...
Marc Ivaldi, Francis Bloch et Philippe Gagnepain
sous la direction de J.C Prager, 2019
Marcel Boyer
n° 19-1059, décembre 2019
The CEO pay ratio, measured as the ratio of CEO pay over the median salary of a firm’s employees, is the most often quoted number in the popular press. This ratio has reached 281 this last year for S&P500 firms, the largest US firms by capitalization (as of November 21 2019). But the B-ratio I...
