Recherche avancée

Christian Gollier

vol. 142, octobre 2016, p. 83–90

Weitzman (1998, 2001) proposed a simple “gamma discounting” method to characterize the term structure of discount rates today from the sole distribution of future spot interest rates. This rule which justifies using a smaller discount rate for longer maturities is now used for long-term policy...

Martial Dupaigne et Patrick Fève

vol. 89, octobre 2016, p. 425–453

This paper inspects the mechanism shaping government spending multipliers in various smallscale DSGE setups with endogenous labor supply and capital accumulation. We analytically characterize the short-run investment multiplier, which in equilibrium can be either positive or negative. The...

Marion Robert, Jérôme Dury, Alban Thomas, Olivier Therond, Muddu Sekhar, Shrinivas Badiger, Laurent Ruiz et Jacques Eric Bergez

vol. 148, octobre 2016, p. 86–94

The agricultural research community offers languages and approaches to model farmers' decision-making processes but does not often clearly detail the steps necessary to build an agent model underlying farmers' decision-making processes. We propose an original and readily applicable methodology for...

Jean-François Laslier et Karine Van Der Straeten

vol. 47, n° 3, octobre 2016, p. 559–587

We propose a theory of strategic voting in multi-winner elections with approval balloting. With a tiny probability that any vote might be misrecorded, best responses involve voting by pairwise comparisons. Two candidates play a critical role: the weakest expected winner and the strongest expected...

Alexis Chaine, Jean Clobert, Michele Huet, Staffan Jacob, Delphine Legrand, Nicolas Schtickzelle et Priscilla Wehi

vol. 70, n° 10, octobre 2016, p. 2336–2345

Kin selection theory predicts that costly cooperative behaviors evolve most readily when directed toward kin. Dispersal plays a controversial role in the evolution of cooperation: dispersal decreases local population relatedness and thus opposes the evolution of cooperation, but limited dispersal...

G. Dhaene et Koen Jochmans

vol. 32, octobre 2016, p. 1178–1215

Pierre Dubois et Margaret Kyle

n° 16-688, septembre 2016

Cancer is a leading cause of death in developed countries, and cancer treatments are the top category of pharmaceutical spending in the United States and Europe. This paper assesses whether novel cancer therapies are associated with a reduction in mortality. Using panel data from 11 developed...

Jay Pil Choi et Doh-Shin Jeon

n° 16-689, septembre 2016, révision octobre 2019

Partly motivated by the recent antitrust investigations concerning Google, we develop a leverage theory of tying in two-sided markets. We analyze incentives for a monopolist to tie its monopolized product with another product in a two-sided market. Tying provides a mechanism to circumvent the non-...

Doh-Shin Jeon, Byung-Cheol Kim et Domenico Menicucci

n° 16-690, septembre 2016, révision juin 2020

We study second-degree price discrimination by a two-sided monopoly platform. The incentive constraints of the agents on the value creation side may be in conflict with internalizing externalities on the value capture side, which may render pooling optimal. Even without such conflict between the...

Doh-Shin Jeon, Domenico Menicucci et Nikrooz Nasr

n° 16-691, septembre 2016, révision août 2020

We study mix-and-match compatibility choices of firms selling complementary products in a dynamic setting. In contrast to what happens in a static setting where symmetric firms choose compatibility (Matutes and Régibeau, 1988), when consumers face significant switching costs and firms can poach...