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Sherief Abdallah, Jean-François Bonnefon, Manuel Cebrian, Jacob W. Crandall, Fatimah Ishowo-Oloko, Mayada Oudah, Iyad Rahwan, Azim Shariff et Tennom
n° 17-806, mai 2017
Joanna Morais, Christine Thomas-Agnan et Michel Simioni
n° 17-804, mai 2017
When the aim is to model market-shares as a function of explanatory variables, the marketing literature proposes some regression models which can be qualified as attraction models. They are generally derived from an aggregated version of the multinomial logit model widely used in econometrics for...
n° 17-805, mai 2017
Regression models have been developed for the case where the dependent variable is a vector of shares. Some of them, from the marketing literature, are easy to interpret but they are quite simple and can only be complexified at the expense of a very large number of parameters to estimate. Other...
Anton Tyutin et Vera Zaporozhets
n° 17-807, mai 2017
We study a simple influence game, in which a lobby tries to manipulate the decision of a legislature via monetary offers to one or more members. The type of a legislator is the relative weight he/she places on social welfare as compared to money. We study the equilibria of this lobbying game under...
Prosper Dovonon, Silvia Goncalves, Ulrich Hounyo et Nour Meddahi
n° 17-810, mai 2017
Carole Bernard, Christoph Rheinberger et Nicolas Treich
n° 17-811, mai 2017
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...
Philippe Bontems et Céline Nauges
n° 17-812, mai 2017
We develop a theoretical model that describes risk-averse farmers' decisions when facing production risk due to uncertain weather conditions and when irrigation water can be traded on a market. We focus on the role of initial water allocations granted to irrigated farms at the start of the season....
Christian Gollier
n° 17-813, mai 2017, révision décembre 2018
Natural capital is complex to price notably because of the high uncertainties surrounding the substitutability of its future ecosystem services. We examine a two-tree Lucas economy where both the economic growth and the degree of substitutability are uncertain. We show that the uncertain...
Sophie Moinas, Minh Hai Nguyen et Giorgio Valente
n° 17-814, mai 2017
Theoretical studies show that shocks to funding constraints should affect and be affected by market illiquidity. However, little is known about the empirical magnitude of such responses because of the intrinsic endogeneity of illiquidity shocks. This paper adopts an identification technique based...
Stéphane Caprice
n° 17-816, mai 2017
This article examines (i) how retailers position private label products, (ii) why private labels are sold in some product categories but not in others, and why some national brand products may have difficulty in accessing retailers' shelves, (iii) why some private label products are positioned as "...