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Christian Gollier
vol. 84, décembre 2016, p. 66–83
Because of the uncertainty about how to model the growth process of our economy, there is still much confusion about which discount rates should be used to evaluate actions having long-lasting impacts, as in the contexts of climate change, social security reforms or large public infrastructures for...
H.H. Bauschke, Jérôme Bolte et Marc Teboulle
vol. 42, n° 2, 2016, p. 330–348
Pierre Dubois et Bruno Jullien
vol. 70, décembre 2016, p. 558–568
The paper argues that the emergence of private labels can be partially explained by the new information technologies available at the retail level. In our approach, the owner of a brand has ìdecision rightsîon product design, while the details of the production and distribution are left to...
Marion Robert, Alban Thomas et Jacques Eric Bergez
2016, p. 36–64
Agricultural production systems are facing new challenges due to an ever changing global environment that is a source of risk and uncertainty. To adapt to these environmental changes, farmers must adjust their management strategies and remain competitive while also satisfying societal preferences...
K.J. Martijn Cremers, Saura Masconale et Simone M. Sepe
vol. 110, n° 4, 2016, p. 727–810
Stefan Ambec et Michel Poitevin
vol. 20, n° 2, 2016, p. 115–143
A production process involves a principal and two privately informed agents. Production requires coordinated decision making. It might be carried in a centralized organization or through delegated contracting in a hierarchical structure. We compare the performance of different organizational...
Daniel L. Chen, Yosh Halberstam et Alan Yu
vol. 11, n° e0164324, 2016
Previous studies suggest a significant role of language in the court room, yet none has identified a definitive correlation between vocal characteristics and court outcomes. This paper demonstrates that voice-based snap judgments based solely on the introductory sentence of lawyers arguing in front...
Daniel L. Chen, Xing Cui, Lanyu Shang et Junchao Zheng
2016
Federal courts are a mainstay of the justice system in the United States. In this study, we analyze 387,898 cases from U.S. Courts of Appeals, where judges are randomly assigned to panels of three. We predict which judge dissents against co-panelists and analyze the dominant features that predict...
Stefan Ambec et Yann Kervinio
vol. 46, 2016, p. 119–155
We consider the decentralized provision of a global public good with local external- ities in a spatially explicit model. Communities decide on the location of a facility that benefits everyone but exhibits costs to the host and its neighbors. They share the costs through transfers. We examine the...
Claude Crampes et Mathias Laffont
vol. 17, n° 3-4, 2016
In this paper, we revisit the 2009-2012 episode in which Ofgem imposed a non-discrimination clause on large retailers in the UK energy market. The Standard Licence Condition 25A (SLC 25A) was introduced to prevent suppliers from charging their incumbent customers higher prices than their out-of-...
