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Catarina Goulão et Emmanuel Thibault
n° 13-414, juin 2013
We look at the effects of physical activity (PA) recommendation policies by considering a social multiplier model in which individuals differ in their concern for PA. The government can either observe this concern (and implement the First Best) or not (and implement a uniform policy). Whichever the...
Chris Borek, Laurits R. Christensen, Peter Hess, Josh Lerner et Greg Rafert
juin 2013
Our analysis seeks to understand the impact of changes in copyright scope on investment in new firms. We begin by analyzing the investment effects of the Cartoon Network, et al. v. Cablevision decision in the U.S. and court rulings in France and Germany on venture capital (VC) investment in U.S....
Daron Acemoglu, Azarakhsh Malekian et Asuman Ozdaglar
We develop a theoretical model of security investments in a network of interconnected agents. Network connections introduce the possibility of cascading failures due to an exogenous or endogenous attack depending on the profile of security investments by the agents. The general presumption in the...
Abdelaati Daouia et Byeong U. Park
vol. 40, n° 2, juin 2013, p. 363–386
Paul Seabright
vol. 1, n° 3, juin 2013, p. 1–15
Igor Makarov et Guillaume Plantin
vol. 68, n° 3, juin 2013, p. 849–879
This paper develops an equilibrium model of a subprime mortgage market. Our goal is to offer a benchmark with which the recent subprime boom and bust can be compared. The model is tractable and delivers plausible orders of magnitude for borrowing capacities, as well as default and trading...
Adrien Blanchet
vol. 1837, juin 2013, p. 52–73
These notes are dedicated to recent global existence and regularity results on the parabolic-elliptic Keller-Segel model in dimension 2, and its generalisation with nonlinear diffusion in higher dimensions, obtained throught a gradient flow approach in the Wassertein metric. These models have a...
27 juin 2013
26 juin 2013
