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Klenio Barbosa et Stéphane Straub
n° 17-873, décembre 2017, révision mai 2020
We investigate the impact of revolving door on public procurement outcomes, combining 10 years of Brazilian health procurement data with a comprehensive employer-employee dataset tracking individuals’ job trajectories. We identify how movements between public administrations and private providers...
Jean-Paul Azam et Mario Ferrero
n° 17-874, décembre 2017
This paper addresses the waves of mass killings recently perpetrated by individuals with a weak or nonexistent ideological motivation, whose acts either appear to contradict their purported political cause or are admittedly driven by a quest for notoriety. Examples range from killers who have been...
Giulia Pavan
n° 17-875, décembre 2017
Easy access to stations serving alternative fuels is an obvious concern for customers considering to buy a "green" car. Yet, the supply of fuel is seldom considered analyzing how to promote the adoption of environmentally friendly vehicles. I develop and estimate a joint model of demand for cars...
Marc Bourreau et Bruno Jullien
n° 17-880, décembre 2017
In this paper, we study the impact of a merger to monopoly on prices and investments. Two single-product firms compete in prices and coverage for a new technology. In equilibrium, one firm covers a larger territory than its competitor with the new technology, leading to singleproduct and multi-...
Thomas Christiano et Simone M. Sepe
2017
Marcel Boyer
Monographie CIRANO Monograph, 2017, 601 pages
James Dow, Itay Goldstein et Alexander Guembel
vol. 15, n° 4, 2017, p. 877–909
We analyze information production incentives for traders in financial markets, when firms condition investment decisions on information revealed through stock prices. We show that traders’ private value of information about a firm’s investment project increases with the ex ante likelihood the...
Abdelaati Daouia, Léopold Simar et Paul Wilson
vol. 36, n° 1-3, 2017, p. 156–181
Samuele Centorrino, Frédérique Fève et Jean-Pierre Florens
vol. 63, n° 1, 2017, p. 1–25
Helmuth Cremer et Kerstin Roeder
vol. 30, 2017, p. 141–161
We show that once interfamily exchanges are considered, Becker?s rotten kids mechan- ism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of e¢fficiency in the contribution game amongst siblings extends to a setting...