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Jean-Pierre Florens, Léopold Simar et Ingrid Van Keilegom
vol. 178, n° 3, janvier 2014, p. 456–470
Conditional efficiency captures efficiency of firms facing heterogeneous environmental conditions. Traditional approaches estimate nonparametrically conditional distribution requiring smoothing techniques. We rather use a flexible nonparametric location-scale model to eliminate the dependence of...
Fabian Dunker, Jean-Pierre Florens, Thorsten Hohage, Jan Johannes et Enno Mammen
vol. 178, n° 3, janvier 2014, p. 444–455
This paper discusses the solution of nonlinear integral equations with noisy integral kernels as they appear in nonparametric instrumental regression. We propose a regularized Newton-type iteration and establish convergence and convergence rate results. A particular emphasis is on instrumental...
Marco Batarce et Marc Ivaldi
vol. 59, janvier 2014, p. 331–345
We formulate and estimate a structural model for travel demand in which users have heterogeneous preferences and make their transport decisions based on network congestion. A key component in the model is the infinite number of users in the network, all of whom have common knowledge about the...
Lubomir P. Litor, Simone M. Sepe et Charles Whitehead
vol. 102, n° 2, janvier 2014, p. 413–480
The accepted wisdom — that a lawyer who becomes a corporate director has a fool for a client — is outdated. The benefits of lawyer-directors in today’s world significantly outweigh the costs. Beyond monitoring, they help manage litigation and regulation, as well as structure compensation to align...
Tadashi Hashimoto, Daisuke Hirata, Onur Kesten, Morimitsu Kurino et Utku Ünver
janvier 2014
This paper studies the problem of assigning a set of indivisible objects to a set of agents when monetary transfers are not allowed and agents reveal only ordinal preferences, but random assignments are possible. We offer two characterizations of the probabilistic serial mechanism, which assigns...
Per Olov Lindberg, Lars-Göran Mattsson et Jörgen W. Weibull
vol. 59, janvier 2014, p. 81–95
Bruno Biais
30 janvier 2014
Vincent Réquillart
Stéphane Straub
n° 14-461, 29 janvier 2014
In 2008, an opposition coalition defeated the Paraguayan Colorado Party, which had been in power for 61 years, including 35 years of the longest dictatorship in South America. Using data of all the public procurement transactions from 2004 through 2011 and the political connections of the 700...
Christian Gollier
28 janvier 2014
