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Philippe Alby, Emmanuelle Auriol et Pierre Nguimkeu
n° 18-956, septembre 2018
In the absence of a public safety net, wealthy Africans have the social obligation to share their re- sources with their needy relatives in the form of cash transfers and inefficient family hiring. We develop a model of entrepreneurial choice that accounts for this social redistributive constraint...
Olivier De Groote et Frank Verboven
n° 18-957, septembre 2018
We study a generous program to promote the adoption of solar photovoltaic (PV) systems through subsidies on future electricity production, rather than through upfront investment subsidies. We develop a tractable dynamic model of new technology adoption, also accounting for local market...
Olivier De Groote et Koen Declercq
n° 18-958, septembre 2018, révision juin 2020
We analyze the impact of choosing an elite school on high school graduation in an early tracking system in Flanders (Belgium). Elite schools offer only an academic track, while most other schools offer multiple tracks. On average, students experience a 3.3 percentage point increase in the...
David S. Bullock, Filippo Maria D'Arcangelo et Marion Desquilbet
n° 18-959, septembre 2018, révision août 2019
Weed control in the U.S. Midwest has become increasingly herbicide-centric due to the adoption of herbicide-tolerant (HT) crops in the 1990s. The scarcity of the use of integrated weed management (IWM) practices, including biological and mechanical controls, is concerning for two reasons. First,...
Andrea Enache et Jean-Pierre Florens
vol. 131, septembre 2018, p. 45–58
Regulation models are a special class of contract models that have received a lot of attention from economists in the last few decades. This continuous interest has been motivated by an increasing need in designing regulatory policies in a world where decentralization and delegation of public...
M’hand Fares, Saqlain Raza et Alban Thomas
vol. 53, n° 2, septembre 2018, p. 367–395
Many quality signals—both private and public—have been used to foster the development of food quality in the agro-food markets: mainly brands and common certified labels. Previous research has typically focused on either brand or certified label efficiency independently, while in many instances...
Marc Ivaldi et Catherine Muller-Vibes
vol. 29, n° 3, septembre 2018, p. 363–376
In this paper, we empirically analyze the French print media market by modeling the existence of a reciprocal effect between the size of the readership and the amount of advertising. For this two-sided platform, we measure the cross-effects of advertising on the readership and periodical popularity...
Andrea Attar, Eloisa Campioni et Gwenaël Piaser
vol. 111, septembre 2018, p. 1–15
We study games in which several principals design mechanisms in the presence of privately informed agents. Competition is exclusive: each type of each agent can participate with at most one principal and meaningfully communicate only with him. Exclusive competition is at the centre stage of recent...
Volker Nocke et Patrick Rey
vol. 177, septembre 2018, p. 183–221
We develop a model of interlocking bilateral relationships between upstream manufacturers that produce differentiated goods and downstream retailers that compete imperfectly for consumers. Contract offers and acceptance decisions are private information to the contracting parties. We show that both...
Bruno Jullien et Yassine Lefouili
vol. 14, n° 3, septembre 2018, p. 364–392
This paper discusses the effects of horizontal mergers on innovation. We rely on the existing academic literature and our own research to present the various positive and negative effects of mergers on innovation. Our analysis shows that the overall impact of a merger on innovation may be either...