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Ujjayant Chakravorty, Marie-Hélène Hubert et Beyza Ural Marchand
n° 18-926, mai 2018
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...
Michael Becher
n° 18-945, mai 2018
There is striking variation across parliamentary democracies in the power of prime ministers to employ two prominent procedures to resolve legislative conflict: the vote of confidence and the dissolution of parliament. While previous contributions in comparative politics have investigated each of...
Claire Borsenberger, Helmuth Cremer, Denis Joram et Jean-Marie Lozachmeur
n° 885, mai 2018
This paper studies vertical integration of a retailer and an operator in the e-commerce sector. It shows first that the comparison between independent oligopoly and integrated monopoly involves a tradeoff between competition and double marginalization which will have the opposite effect. With...
Philippe De Donder, Frank Rodriguez et Soterios Soteri
n° 886, mai 2018
Céline Bonnet, Zohra Bouamra-Mechemache et Tifenn Corre
vol. 147, mai 2018, p. 48–61
After fossil fuels, agricultural production and fisheries are industries with the largest impact on the environment in terms of greenhouse gas (GHG) emissions, especially in the production of ruminant meats such as beef, veal or lamb. In order to reduce this environmental impact, consumers can...
Yeon-Koo Che et Johannes Hörner
vol. 133, n° 2, mai 2018, p. 871–925
This paper studies how a recommender system may incentivize users to learn about a product collaboratively. To improve the incentives for early exploration, the optimal design trades off fully transparent disclosure by selectively overrecommending the product (or “spamming”) to a fraction of users...
Bruno Jullien et Wilfried Sand-Zantman
vol. 58, mai 2018, p. 31–62
We consider zero-rating by Internet service providers. We analyze the implications of offering sponsored data plans that allow content providers to pay for traffic on behalf of their consumers. These plans boost consumption of high-value content and decrease the networks'incentives to exclude low-...
Fabien Panloup, Sofiane Saadane et Sébastien Gadat
mai 2018, p. 886–926
Narendra-Shapiro (NS) algorithms are bandit-type algorithms developed in the 1960s which have been deeply studied in infinite horizon but for which scarce non-asymptotic results exist. In this paper, we focus on a non-asymptotic study of the regret and address the following question: are Narendra-...
Henrik Andersson
vol. 9, n° 1, Spring 2018, p. 84–96
Although benefit-cost analysis (BCA) can be traced back to European thinkers, its first practical applications were in the United States. Recent years have witnessed a growing demand for economic appraisals of policies in different sectors in Europe, but the implementation rate is still low...
Henrik Andersson, Lars Hultkrantz, Gunnar Lindberg et Jan-Eric Nilsson
vol. 9, n° 1, Spring 2018, p. 120–146
Beginning as a planning tool within Sweden’s national road administration some 50 years ago, benefit-cost analysis (BCA) has come to be a pillar of the national transport policy because of subsequent strategic choices made by the national parliament. These choices made it necessary to widen the...
