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Catherine Casamatta et Carole Haritchabalet
vol. 18, n° 5, 2014, p. 1743–1773
We study the fund-raising strategy of an entrepreneur when investors have private information about his project’s profitability. The entrepreneur cares about monetary profits and about the probability to obtain financing. If he contacts both venture capitalists (VCs) simultaneously, he obtains high...
Damian Tago, James K. Hammitt, Alban Thomas et Didier Raboisson
vol. 117, décembre 2014, p. 577–589
This study aims at evaluating the costs of the movement restriction policy (MRP) during the 2006 BTV-8 epidemic in France for the producers of 6–9 month old Charolais beef weaned calves (BWC), an important sector that was severely affected by the restrictions imposed. This study estimates the...
Laure Latruffe et Céline Nauges
vol. 41, n° 2, 2014, p. 227–253
Using a panel of French crop farms, we test whether farmers’ technical efficiency (TE) under conventional practices is a significant driver of the conversion to organic farming. We find that the probability of conversion depends on the TE preceding the conversion, but that the direction of the...
Margarita Genius, Phoebe Koundouri, Céline Nauges et Vangelis Tzouvelekas
vol. 96, n° 1, 2014, p. 328–344
In this article, we investigate the role of information transmission in promoting agricultural technology adoption and diffusion through extension services and social learning. We develop a theoretical model of technology adoption and diffusion, which we then empirically apply, using duration...
Roberto Martinez-Espineira, Maria A. García-Valiñas et Céline Nauges
vol. 133, 2014, p. 174–183
Economic instruments have received a lot of attention in the literature dealing with water and energy demand management. However factors driving households’ behaviour/habits and investment in water-saving and energy-saving equipment have been seldom studied. The main purpose of this article is to...
Henrik Andersson et Mikael Svensson
vol. 57, n° 11, 2014, p. 1746–1761
This study examines the effect on respondents' willingness to pay to reduce mortality risk by the order of the questions in a stated preference study. Using answers from an experiment conducted on a Swedish sample where respondents’ cognitive ability was measured and where they participate in a...
Kady Marie-Danielle Body, Liliane Bonnal et Jean-François Giret
Londres : Chapman and Hall, vol. 46, n° 25, 2014, p. 3061–3073
Student employment is usually thought to curb academic achievement. Our research relating to a survey at a French university in 2012 emphasizes the significance of the intensity of student working hours. Allowance for the endogeneity of student employment reinforces the negative effects,...
Liliane Bonnal et Xavier Moinier
vol. 30, n° 2, March/April-2014, p. 479–488
The objective of this paper is to identify the characteristics of what makes retail pharmacies able to guarantee and ensure better customer satisfaction. We have identified the core attributes of retail pharmacies as well as the factors that can contribute to better customer satisfaction in a...
André Blais, Maxime Héroux-Legault, Jean-François Laslier, Jean Benoît Pilet et Karine Van Der Straeten
vol. 36, décembre 2014, p. 39–50
We test the rational choice model of turnout in the lab. We performed laboratory experiments in which participants had to decide whether to vote or not in a number of first past the post and proportional representation elections. We test the predictions of rational choice theory from three...
Christian Gollier
vol. 104, n° 5, 2014, p. 534–537
In a growing economy, the discount rate to evaluate a long-term investment is the minimum rate of expected return that compensates for the increased intergenerational inequalities. Because the growth rate is uncertain, there is a precautionary argument in favor of lowering the discount rate. If...