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Tim Bollerslev, Nour Meddahi et Serge Nyawa
vol. 212, n° 1, septembre 2019, p. 116–136
Andrea Attar, Eloisa Campioni et Gwenaël Piaser
vol. 183, septembre 2019, p. 258–283
We study games in which principals simultaneously post mechanisms in the presence of several agents. We evaluate the role of principals' communication in these settings. As in Myerson (1982), each principal may generate incomplete information among agents by sending them private signals. We show...
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...
Daniel F. Garrett
vol. 77, n° 3, septembre 2019, p. 375–382
Some sellers display high "regular" prices, but mark down these prices the vast majority of the time, advertising the good as "on sale" or "discounted". This note suggests a framework for understanding the practice, emphasizing the role of buyer uncertainty about their future valuations for the...
Jean-Pierre Amigues et Michel Moreaux
vol. 97, septembre 2019, p. 92–115
We study the transition to a carbon-free economy in a model with a polluting non-renewable resource and a clean renewable resource. Transforming primary energy into ready-to-use energy services is costly and more efficient energy transformation rates are more costly to achieve. Renewable energy...
Francesca De Petrillo et Alexandra Rosati
vol. 40, n° 5, septembre 2019, p. 436–446
Humans can use an intuitive sense of statistics to make predictions about uncertain future events, a cognitive skill that underpins logical and mathematical reasoning. Recent research shows that some of these abilities for statistical inferences can emerge in preverbal infants and non-human...
Koen Jochmans et Martin Weidner
n° 87, septembre 2019, p. 1543–1560
Bertrand Villeneuve (Université Paris Dauphine)
CNAM, Paris, 5–6 septembre 2019
Jean-Paul Décamps (Toulouse School of Economics)
Emirhan Ilhan (Frankfurt School of Finance and Management)
