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Christian Gollier et Jean Tirole
1 juin 2015
David Bardey, Sanxi Li et Yaping Wu
n° 15-572, mai 2015
This paper analyzes the three-party contracting problem among the payer, the patient and the physician when the patient and the physician may collude to exploit mutually beneficial opportunities. Under the hypothesis that side transfer is ruled out, we analyze the mechanism design problem when the...
Christoph Rheinberger et Felix Schläpfer
n° 15-573, mai 2015
This comment takes up the discussion about the incentive compatibility of contingent valuation surveys revived by a recent paper of Carson, Groves and List (2014) in this journal. We feel that the conclusions the authors draw from their theoretical and experimental work cannot be generalized to...
James K. Hammitt et Christoph Rheinberger
n° 15-574, mai 2015
Céline Bonnet et Pierre Dubois
n° 15-575, mai 2015
Using typical demand data on differentiated products markets, we show how to identify and estimate vertical contract terms modelling explicitly the buyer power of downstream firms facing two part tariff offered by the upstream firms. We consider manufacturers and retailers relationships with two...
Abdelaati Daouia, Thibault Laurent et Hohsuk Noh
n° 15-576, mai 2015
The package npbr is the first free specialized software for data edge and frontier analysis in the statistical literature. It provides a variety of functions for the best known and most innovative approaches to nonparametric boundary estimation. The selected methods are concerned with empirical,...
Jean-Marie Lozachmeur, Pierre Pestieau et Helmuth Cremer (Toulouse School of Economics)
Toulouse, France, mai 2015
Marc Ivaldi et Jiekai Zhang
n° 15-578, mai 2015, révision avril 2018
This paper studies the advertising competition in the French free TV broadcasting industry, following a decision of the French anti-trust authority on the acquisition of two channels by the most active media group of the sector. After specifying a structural model of oligopoly competition of free...
Alban Thomas et Vera Zaporozhets
n° 15-579, mai 2015
Roberta Dessi et Xiaojian Zhao
n° 15-580, mai 2015, révision septembre 2017
The available evidence from numerous studies suggests that overconfidence varies significantly across countries. We develop a model that endogenizes these differences and examines their economic consequences. A crucial determinant of difierences in overconfidence is the degree of expected stability...