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Bret A. Beheim, Michael Gurven, Hillard Kaplan, Felicia C. Madimenos, Jonathan Stieglitz et Benjamin C. Trumble
vol. 156, n° 4, avril 2015, p. 637–648
Evolutionary theories of aging posit that greater reproductive effort causes somatic decline given a fundamental trade-off between investing energy in reproduction and repair. Few studies in high fertility human populations support this hypothesis, and problems of phenotypic correlation can obscure...
Helmuth Cremer, Firouz Gahvari et Norbert Ladoux
vol. 15, n° 2, avril 2015, p. 475–501
This paper examines if an energy price shock should be compensated by a reduction in energy taxes to mitigate its impact on consumer prices. Such an adjustment is often debated and advocated for redistributive reasons. Our investigation is based on a model that characterizes second-best optimal...
Samuele Centorrino, Elodie Djemaï, Astrid Hopfensitz, Manfred Milinski et Paul Seabright
avril 2015
Jean Tirole
30 avril 2015
Bruno Biais
Sanxi Li, Yaping Wu et David Bardey (Toulouse School of Economics)
Toulouse, France, 25 avril 2015
Catherine Bobtcheff et Raphaël Levy
n° 15-571, 24 avril 2015
We consider a real option model in which a cash-constrained entrepreneur learns prior to investing, but at a speed which is private information. The entrepreneur seeks outside funding, and uses the timing of his investment to signal his confidence in the venture, and accordingly obtain cheaper...
Frédéric Cherbonnier et Emmanuel Thibault
23 avril 2015
21 avril 2015
Philippe De Donder et Marie-Louise Leroux
n° 15-569, 18 avril 2015, révision 26 mai 2015
We develop a model where families consist of one parent and one child, with children differing in income and all agents having the same probability of becoming dependent when old. Young and old individuals vote over the size of a social long term care transfer program, which children complement...