Recherche avancée

Carole Bernard, Christoph Rheinberger et Nicolas Treich

vol. 64, n° 10, octobre 2018, p. 4471–4965

Catastrophe aversion and risk equity are important concepts in both risk management theory and practice. Keeney (1980) was the first to formally define these concepts. He demonstrated that the two concepts are always in conflict. Yet this result is based on the assumption that individual risks are...

Aurélie Ouss et Arnaud Philippe

vol. 126, n° 5, octobre 2018, p. 2134–2178

We explore how television broadcasting of unrelated criminal justice events affects sentencing. Exploiting as-good-as-random variation in news content before a verdict, we find that sentences are 3 months longer when the verdict is reached after coverage of crime. Sentence increase with media...

Hippolyte D'Albis et Emmanuel Thibault

vol. 85, n° 3-4, octobre 2018, p. 303–319

In this paper, ambiguity aversion to uncertain survival probabilities is introduced in a life-cycle model with a bequest motive to study the optimal demand for annuities. Provided that annuities return is sufficiently large, and notably when it is fair, positive annuitization is known to be the...

Adrien Blanchet et Jérôme Bolte

vol. 25, n° 7, octobre 2018, p. 1650–1673

For displacement convex functionals in the probability space equipped with the Monge-Kantorovich metric we prove the equivalence between the gradient and functional type Łojasiewicz inequalities. We also discuss the more general case of λ-convex functions and we provide a general convergence...

Matthieu Bouvard et Raphaël Lévy

vol. 64, n° 10, octobre 2018, p. 4755–4774

In a market where sellers solicit certification to overcome asymmetric infor-mation, we show that the profit of a monopolistic certifier can be hump-shaped in itsreputation for accuracy: a higher accuracy attracts high-quality sellers but sometimesrepels low-quality sellers. As a consequence,...

Koen Jochmans

vol. 36, octobre 2018, p. 705–713

Bastien Cabarrou, Florence Dalenc, Eve Leconte, Jean Marie Boher et Thomas Filleron

vol. 101, octobre 2018, p. 70–81

In clinical studies of hematologic and oncologic diseases, the outcomes of interest are generally composite time to event endpoints which are usually defined by occurrence of different event types. Nonetheless, clinicians are interested in studying only one event type, which leads to a competing...

Edmond Awad, Sohan Dsouza, Richard Kim, Jonathan Schulz, Joseph Henrich, Azim Shariff, Jean-François Bonnefon et Iyad Rahwan

n° 563, 24 octobre 2018, p. 59–64

Isis Durrmeyer

n° 18-950, septembre 2018

I analyze the distributional effects of an environmental policy in the new automobile market: the French feebate. I quantify the monetary and environmental gains and losses that are due to this new automobile purchase tax/subsidy across consumers. I develop and estimate a structural model of the...

Helmuth Cremer et Kerstin Roeder

n° 18-951, septembre 2018

We study the taxation of couples when female wages do not re?ect their true productivity. We show that the expression for the marginal tax rates of the male spouses is the same as in a Mirrleesian world where wages re?ect true productivities. Marginal taxes for the female spouses are reduced...