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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,...
Vittoria Cerasi, Barbara Chizzolini et Marc Ivaldi
vol. 48, n° 2, juillet 2019, p. 1–27
We propose a new test to evaluate the impact of horizontal mergers on competition in the banking industry. The test is designed to be applied ex ante to potential mergers while being parsimonious in terms of data, as it only uses information on branches in local markets. The test is a...
Lisa A. Robinson, James K. Hammitt et L. O’Keeffe
vol. 10, juillet 2019, p. 15–50
The estimates used to value mortality risk reductions are a major determinant of the benefits of many public health and environmental policies. These estimates (typically expressed as the value per statistical life, VSL) describe the willingness of those affected by a policy to exchange their own...
Lisa A. Robinson, William Raich, James K. Hammitt et L. O’Keeffe
vol. 10, n° 2, juillet 2019, p. 156–177
In benefit-cost analysis, fatality risk reductions are usually valued based on estimates of adults’ willingness to pay for changes in their own risks, regardless of whether the risk reduction accrues to adults or children. This approach reflects the relatively large number of valuation studies that...
Quang Le Van, Manh-Hung Nguyen et Thanh-Viet Nguyen
vol. 28, n° 5, juillet 2019, p. 675–687
Facing the challenge of environmental degradation in Vietnam, a growing number of firms have begun to integrate environmental management systems into their business strategies and develop green product diversification strategies. On the basis of the stakeholder theory, this paper attempts to...
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...
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...
