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3 décembre 2014
2 décembre 2014
Zilton Vasconcelos, Sabina Müller, Y. Wong, C. Christophe, Sébastien Gadat, S. Valitutti et Loïc Dupré
n° 14-538, novembre 2014
C. Christophe, M. Rodrigues, Sabina Müller, Loïc Dupré, Patrick Cattiaux, Sébastien Gadat et S. Valitutti
n° 14-539, novembre 2014
Sébastien Gadat, Thierry Klein et Clément Marteau
n° 14-540, novembre 2014
Sinem Hidir
n° 14-541, novembre 2014
This paper studies a buyer-seller game with pre-trade communication of private horizontal taste from the buyer followed by a take it or leave it offer by the seller. The amount of information transmitted improves the gains from trade, but also determines how this surplus will be shared between the...
Erwan Pierre, Stéphane Villeneuve et Xavier Warin
n° 14-542, novembre 2014, révision juin 2016
This paper examines the dividend and investment policies of a cash constrained firm that has access to costly external funding. We depart from the literature by allowing the firm to issue collateralized debt to increase its investment in productive assets resulting in a performance sensitive...
Augustin Landier
1 décembre 2014