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Christian Gollier
vol. 19, 2015, p. 129–136
Simone M. Sepe et Charles Whitehead
vol. 95, n° 6, décembre 2015
Rainer Buckdahn, Marc Quincampoix et Jérôme Renault
vol. 259, décembre 2015, p. 5554–5581
We investigate an optimal control problem with an averaging cost. The asymptotic behaviour of the values is a classical problem in ergodic control. To study the long run averaging we consider both Cesàro and Abel means. A main result of the paper says that there is at most one possible accumulation...
Johannes Hörner, Massimo Morelli et Francesco Squintani
vol. 82, 2015, p. 1483–1501
This article applies mechanism design to the study of international conflict resolution. Standard mechanisms in which an arbitrator can enforce her decisions are usually not feasible because disputants are sovereign entities. Nevertheless, we find that this limitation is inconsequential. Despite...
Estelle Malavolti et Marion Podesta
vol. 8, 2015, p. 103–113
The air transport sector entered the European Trading Scheme in 2012 (for the intra-European flights). The regulation of CO2 emissions is costly for airlines and modifies the organization of their market. Our paper proposes an economic analysis in which the regulation but also CO2 emissions of...
Takuro Yamashita
vol. 82, n° 3, 2015, p. 1223–1246
We study the mechanism design problem of guaranteeing desirable performances whenever agents are rational in the sense of not playing weakly dominated strategies. We first provide an upper bound for the best performance we can guarantee among all feasible mechanisms. The bound is represented as the...
vol. 159, 2015, p. 267–279
This paper discusses some connections among several robustness concepts of mechanisms in terms of agents' behaviors. Specifically, under certain conditions such as private values and ``rich'' interdependent values, we show that implementation in (one-round or iterative) undominated strategies, a...
Helia Costa, Miguel Portela et Linda Veiga
vol. 49, n° 9, 2015, p. 1441–1456
Farid Gasmi et Imène Laourari
2015, p. 113–114
vol. 100, 2015, p. 655–702