Recherche avancée

Jean-Charles Rochet

vol. 113, août 2024, p. 103010

This expository article surveys the literature that has followed my paper “A Necessary and Sufficient Condition for Rationalizability in a Quasi-linear Context” that was published in the Journal of Mathematical Economics in 1987.

Marco Corazza, René Garcia, Faisal Shah Khan, Davide La Torre et Hatem Masri (éds.)

World Scientific Publishing, août 2024

Carlos A. de Matos Fernandes, Marion Hoffman et Jasperina Brouwer

vol. 92, n° 101931, août 2024

Yasser Abbas et Abdelaati Daouia

vol. 4, n° 5, août 2024

Studying the content and impact of news articles has been a recurring interest in economics, finance, psychology, and political and media literature over the last 20 years. Most of these offerings focus on specific qualities or outcomes related to their textual data, which limits their...

Evangelina Dardati, Thibault Laurent, Paula Margaretic et Christine Thomas-Agnan

n° 24-1575, août 2024, révision avril 2025

This paper examines the role of social conflict in the relationship between climate shocks and international migration. Using a comprehensive dataset of bilateral migration flows covering 155 origin and 122 destination countries from 1995 to 2020 and employ-ing the Palmer index as a proxy for...

Frederik Noack, Dennis Engist, Josephine Gantois, Vasundhara Gaur, Batoule F. Hyjazie, Ashley Larsen, Leithen K. M’Gonigle, Anouch Missirian, Matin Qaim, Risa D. Sargent, Eduardo Souza-Rodrigues et Claire Kremen

vol. 385, n° 6712, août 2024

Genetically modified (GM) crops have been adopted by some of the world’s leading agricultural nations, but the full extent of their environmental impact remains largely unknown. Although concerns regarding the direct environmental effects of GM crops have declined, GM crops have led to indirect...

Jean-Paul Décamps, Fabien Gensbittel et Thomas Mariotti

n° 24-1562, août 2024, révision juillet 2025

We prove the existence of a Markov-perfect equilibrium in randomized stopping times for a model of the war of attrition in which the underlying state variable follows a homogenous linear diffusion. We first prove that the space of Markovian randomized stopping times can be topologized as a compact...

Marianne Andries, Milo Bianchi, Karen Huynh et Sébastien Pouget

n° 1561, août 2024

In an investment experiment, we show variations in information affect belief and decision behaviors within the information-beliefs-decisions chain. Subjects observe the time series of a risky asset and a signal that, in random rounds, helps predict returns. When they perceive the signal as useless...

Milo Bianchi et Takuro Yamashita

n° 1560, août 2024

We analyze the optimal investment in a common infrastructure in a market with network externalities. Taking a dynamic mechanism design perspective, we contrast the level of investment and the associated payments across firms that a budget-constrained welfare-maximizing principal would set to those...

Milo Bianchi et Andrew Rhodes

n° 1559, août 2024

We consider a model in which consumers live in isolated villages and need to send money to each other. Each village has (at most) one digital payment provider, which acts as a bridge to other villages. With fully rational consumers interoperability is beneficial: it raises financial inclusion,...