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Cyrus Grout, Jean Cavailhes, Cécile Détang-Dessendre et Alban Thomas
vol. 92, n° 2, mai 2016, p. 203–219
This paper addresses the question of a causal link between climate and urban sprawl by focusing on the role local climate plays in determining household behavior regarding housing decisions. We consider the hypothesis that under warmer climates, households exhibit “sprawling behavior”: they locate...
Ernst R. Berndt et Pierre Dubois
vol. 23, n° 2, mai 2016, p. 125–147
Variability in regulatory frameworks, industrial policy, physician/pharmacy autonomy, brand/generic distinctions, and the practice of medicine contribute to ambiguous interpretations of cross-country pharmaceutical cost comparisons. Here, we report cross-country comparisons that: (i) focus on ten...
David Bardey, Bruno Jullien et Jean-Marie Lozachmeur
vol. 47, mai 2016, p. 50–63
Daniel L. Chen et John J. Horton
vol. 27, n° 2, mai 2016, p. 403–423
Arianna Degan et Emmanuel Thibault
vol. 81, mai 2016, p. 66–78
Why do some dynasties maintain the fortune of their founders while others completely squander it in few generations? To address this question, we use a simple deterministic microfounded model based on two main elements: the “hunger for accumulation” and the “willingness to exert effort”. Contrary...
David Bardey, Helmuth Cremer et Jean-Marie Lozachmeur
vol. 137, mai 2016, p. 28–37
This paper studies the design of health insurance with ex post moral hazard, when there is imperfect competition in the market for the medical product. Various scenarios, such as monopoly pricing, price negotiation or horizontal differentiation are considered. The insurance contract specifies two...
Michel Le Breton, Dominique Lepelley et Hatem Smaoui
vol. 64, mai 2016, p. 11–22
The main purpose of this paper is to estimate the probability of casting a decisive vote under the majority rule for a class of random electorate models encompassing the celebrated Impartial Culture (IC) and Impartial Anonymous Culture (IAC) models. The emphasis is on the impact of correlation...
Alban Thomas
vol. 12, mai 2016
Vehicle exhaust fumes are a major cause of air pollution in developing world megacities, such as Cairo. Egyptian authorities have taken measures to reduce emission rates for existing vehicles and change relative user costs using policies that are consistent with research findings on the appropriate...
Thomas Filleron, D. Florence, Eve Leconte et Serge Somda
vol. 34, n° 5, mai 2016, p. 244–245
Joao Correia da silva, Joana Pinho et Hélder Vasconcelos
vol. 118, n° 1, mai 2016, p. 1–34
This paper studies the sustainability of collusion in markets where growth is not restricted to occur at a constant rate and may trigger future entry. Entry typically occurs later along the punishment path than along the collusive path (since profits are lower in the former case), and may not even...