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Christophe Gouel et Nicolas Legrand
n° 17-776, mars 2017
This paper presents a new strategy to estimate the rational expectations storage model. It uses information on prices and quantities – consumption and production – in contrast to previous approaches which use only prices. This additional information allows us to estimate a model with elastic supply...
David Bardey, Philippe De Donder et Cesar Mantilla
n° 17-777, mars 2017, révision juillet 2019
We compare two genetic testing regulations, Disclosure Duty (DD) and Consent Law (CL), in an environment where individuals choose to take a genetic test or not. DD forces agents to reveal the test results to their insurers, resulting in a discrimination risk. CL allows agents to withhold that...
Marion Desquilbet, Elise Maigné et Sylvette Monier-Dilhan
n° 17-778, mars 2017, révision mars 2018
In terms of sustainability, the effects of the development of organic farming are subject to debate, particularly regarding the methods used to compare organic and conventional food systems and the consequences of the conventionalization of organic farming. We propose an empirical study centered on...
Farid Gasmi et Imène Laourari
n° 17-780, mars 2017
Algeria is strongly dependent on oil exports revenues to fuel its economy and following the 1986 oil counter-shock this country has experienced a persistent decline of its manufacturing sector. Although it has benefited from high oil prices over the last decades and implemented a myriad of economic...
Daniel L. Chen, Matt Dunn, Levent Sagun et Hale Sirin
n° 17-781, mars 2017
Early Predictability of Asylum Court Decisions with M. Dunn and L. Sagun In the United States, foreign nationals who fear persecution in their home country can apply for asylum under the Refugee Act of 1980. Unfortunately, over the past decade, legal scholarship has uncovered significant...
Daniel L. Chen et Jess Eagel
n° 17-782, mars 2017
In this study, we analyzed 492,903 asylum hearings from 336 different hearing locations, rendered by 441 unique judges over a thirty-two year period from 1981-2013. We define the problem of asylum adjudication prediction as a binary classification task, and using the random forest method developed...
Daniel L. Chen, Adithya Parthasarathy et Shivam Verma
n° 17-783, mars 2017
We employ machine learning techniques to identify common characteristics and features from cases in the US courts of appeals that contribute in determining dissent. Our models were able to predict vote alignment with an average F1 score of 73%, and our results show that the length of the opinion,...
Ryan Chahrour et Robert Ulbricht
n° 17-784, mars 2017, révision décembre 2017
We develop a methodology to characterize equilibrium in DSGE models, free of parametric restrictions on information. First, we define a “primal” economy in which deviations from full information are captured by wedges in agents' expectations. Then, we provide conditions ensuring some information-...
Adrien Blanchet, Guillaume Carlier et Luca Nenna
n° 17-785, mars 2017
We consider a class of games with continuum of players where equilibria can be obtained by the minimization of a certain functional related to optimal transport as emphasized in [7]. We then use the powerful entropic regularization technique to approximate the problem and solve it numerically in...
Adrien Blanchet et Pierre Degond
n° 17-786, mars 2017
We consider systems of agents interacting through topological interactions. These have been shown to play an important part in animal and human behavior. Precisely, the system consists of a finite number of particles characterized by their positions and velocities. At random times a randomly chosen...
