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Daniel L. Chen et Jasmin Sethi
n° 16-687, août 2016
Sexual harassment is perceived to be a major impediment to female labor force participation. We use the random assignment of U.S. federal judges setting geographically-local precedent, and the fact that judges’ biographies predict decisions in sexual harassment cases, to document the causal impact...
Bruno Biais, Florian Heider et Marie Hoerova
vol. 71, n° 4, août 2016, p. 1669–1698
Derivatives activity, motivated by risk-sharing, can breed risk taking. Bad news about the risk of the asset underlying the derivative increases the expected liability of a protection seller and undermines her risk prevention incentives. This limits risk-sharing, and may create endogenous...
Alexandre Cornière (de)
vol. 8, n° 3, août 2016, p. 156–188
Search engines enable advertisers to target consumers based on the query they have entered. In a framework in which consumers search sequentially after having entered a query, I show that targeting reduces search costs, improves matches and intensifies price competition. However, a profit-...
Daniel L. Chen, Tobias J. Moskowitz et Kelly Shue
vol. 131, n° 3, août 2016, p. 1181–1241
We find consistent evidence of negative autocorrelation in decision making that is unrelated to the merits of the cases considered in three separate high-stakes field settings: refugee asylum court decisions, loan application reviews, and Major League Baseball umpire pitch calls. The evidence is...
James K. Hammitt et Lisa A. Robinson
vol. 25, n° 8, août 2016, p. 1039–1052
The value of mortality risk reductions, conventionally expressed as the value per statistical life (VSL), is an important determinant of the net benefits of many government policies. U.S. regulators currently rely primarily on studies of fatal injuries, raising questions about whether different...
Guillaume Cheikbossian
vol. 47, n° 2, août 2016, p. 315–348
This paper provides a political economy analysis of (de)centralization when local public goods -- with spillovers effects -- can be substitutes or complements. Depending on the degree of complementarity between local public goods, median voters strategically delegate policy to either `conservative...
Juan-Manuel Anaya, David Bardey, John Castiblanco, Carolina Duarte-Rey, Adriana Rojas-Villarraga et Juan-C Sarmiento-Monroy
vol. 15, n° 8, août 2016, p. 833–842
G. Dhaene et Koen Jochmans
vol. 145, août 2016, p. 98–103
Raja Chakir, Thibault Laurent, Anne Ruiz-Gazen, Christine Thomas-Agnan et Céline Vignes
n° 16-666, juillet 2016
We propose in this paper models that allow to predict land use (urban, agriculture, forests, natural grasslands and soil) at the points of the Teruti-Lucas survey from easily accessible covariates. Our approach involves two steps : first we model land use at the Teruti Lucas point level and second...
n° 16-667, juillet 2016
We consider the problem of land use prediction at di erent spatial scales using point level data such as the Teruti-Lucas (T-L hereafter1) survey and some explanatory variables. We analyze the components of the prediction error using a synthetic data set constructed from the Teruti-Lucas points in...