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Patrick Rey et Thibaud Vergé
n° 16-744, décembre 2016, révision décembre 2020
We develop a general, tractable framework of multilateral vertical contracting, which places no restriction on tari§s and fully accounts for their impact on downstream competition. Equilibrium tariffs are cost-based and replicate the outcome of a multi-brand oligopoly, a finding in line with the...
Laurent Fresard, Ulrich Hege et Gordon Phillips
n° 16-745, décembre 2016
We investigate the role of industry specialization in horizontal cross-border merg- ers and acquisitions. We find that acquirers from more specialized industries in a country are more likely to buy foreign targets in countries that are less specialized in these same industries. The role of industry...
Emmanuelle Auriol et Jean-Philippe Platteau
n° 16-746, décembre 2016
The relationship between religion and politics is explored from a theoretical standpoint, assuming that religious clerics can be coopted by the ruler acting as an autocrat. The comparative effects of decentralized versus centralized religions on the optimal level of cooperation between the autocrat...
Daniel L. Chen, Xing Cui, Lanyu Shang et Junchao Zheng
n° 16-747, décembre 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...
Daniel F. Garrett, Renato Gomes et Lucas Maestri
2016
We build a theory of second-degree price discrimination under imperfect competition that allows us to study the substitutive role of prices and qualities in increasing sales. A key feature of our model is that consumers are heterogeneously informed about the o↵ers available in the market, which...
Jean-Sébastien Fontaine, René Garcia et Sermin Gungor
Bernard Asselain, Jean Marie Boher, Thomas Filleron, Andrew Kramar, Eve Leconte et Serge Somda
vol. 25, n° 6, décembre 2016, p. 2457–2471
Post-therapeutic surveillance is one important component of cancer care. However, there still is no evidence-based strategies to schedule patients' follow-up examinations. Our approach is based on the modeling of the probability of the onset of relapse at an early asymptotic or preclinical stage...
André Grimaud, Mauricio Bermudez Neubauer et Luc Rougé
n° 208-209, 2016, p. 23–37
Manh-Hung Nguyen et Phu Nguyen-Van
décembre 2016, p. 2173–2209
This paper considers an optimal endogenous growth model where production function is assumed to exhibit increasing returns to scale and two types of resource (renewable and nonrenewable) are imperfect substitutes. Natural resources, labors and physical capital are used in the final goods sector and...
Catherine Cazals, Frédérique Fève, Jean-Pierre Florens et Léopold Simar
vol. 190, n° 2, 2016, p. 345–355
