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Quang Le Van, Manh-Hung Nguyen et Thanh-Viet Nguyen
vol. 3, n° 9, septembre 2018
The objective of this study is to assess sustainable development and the potential for green growth of the marine capture fisheries in Vietnam. We use “standard” bio-economic models with additional terms to correct some of ecosystem externalities and to define reference points for the fisheries....
George-Marios Angeletos, Fabrice Collard et Harris Dellas
vol. 86, n° 5, septembre 2018, p. 1689–1726
Michel Simioni, Christine Thomas-Agnan et Thi-Huong Trinh
septembre 2018
Vietnam is undergoing a nutritional transition like many middle-income countries. This paper proposes to highlight the socio-demographic drivers of this transition over the period 2004-2014. We implement a method of decomposition of between-year differences in economic outcomes recently proposed in...
Thierry Magnac
vol. 69, n° 5, septembre 2018, p. 683–708
On décrit, dans cette revue, les articles récents qui se sont attachés à construire des méthodes empiriques structurelles pour estimer les préférences des agents, étudiants et universités, ou élèves et écoles, qui participent à des mécanismes d'allocation centralisée. Ces recherches empiriques s'...
Marcel Boyer, Anne Catherine Faye, E. Gravel et Rachidi Kotchoni
vol. 31, n° 1, septembre 2018, p. 50–82
We analyze significant challenges and pitfalls faced by antitrust authorities in the implementation of competition policies particularly against naked cartels and propose measures principled in economic theory to circumvent these issues. We review leniency programs in different jurisdictions, the...
Lei Huang, He Ruoying, Qianqi Yang, Jun Chen, Ying Zhou, James K. Hammitt, Xi Lu, Jun Bi et Yang Liu
vol. 120, septembre 2018, p. 294–301
Gradual recovery of Chinese nuclear power industry and its increasingly important position in the world have created a need to understand how public attitudes towards nuclear power changed after the Fukushima nuclear accident in Japan (FNAJ). To address this need, we augment our previous work to...
Abdelaati Daouia, Stéphane Girard et Gilles Stupfler
n° 18-944, août 2018
Expectiles define a least squares analogue of quantiles. They are determined by tail expectations rather than tail probabilities. For this reason and many other theoretical and practical merits, expectiles have recently received a lot of attention, especially in actuarial and financial risk...
Joao Correia da silva, Bruno Jullien, Yassine Lefouili et Joana Pinho
n° 18-946, août 2018
This paper discusses the literature on horizontal mergers between multi-sided platforms and argues that the Cournot model can provide useful insights into the welfare effects of such mergers. To illustrate those insights, we develop a simple model in which two-sided platforms offer a homogeneous...
Bruno Jullien, Yassine Lefouili et Michael Riordan
n° 18-947, août 2018, révision juin 2020
A website monetizes information it collects about its customers by charging third parties for targeted access to them. Allowing for third parties who are well-intentioned, a nuisance, or even malicious, the resulting consumer experiences might be good, bad, or neutral. As consumers learn from...
Ulrich Hege, Stefano Lovo, Myron B. Slovin et Marie E. Sushka
n° 18-948, août 2018
We study the role and performance of private equity (PE) in corporate asset sales. Corporate sellers obtain significantly positive excess returns in PE deals, gains in wealth significantly greater than for intercorporate asset sales. Based on exit valuations for 98% of PE deals, we find gains in...