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Bruno Jullien et Alessandro Pavan
n° 13-429, août 2013, révision novembre 2017
We study monopoly and duopoly pricing in a two-sided market with dispersed information about users' preferences. We first show how the dispersion of information introduces idiosyncratic uncertainty about participation rates and how the latter shapes the elasticity of the demands and thereby the...
Matthew Gentzkow et Jesse Shapiro
août 2013
News consumption is moving online. If this move fundamentally changes how news is produced and consumed it will have important ramifications for politics. In this chapter we formulate a model of the supply and demand of news online that is motivated by descriptive features of online news...
Michel Le Breton, Juan D. Moreno-Ternero, Alexei Savvateev et Shlomo Weber
vol. 42, n° 3, août 2013, p. 673–694
Olivier Faugeras
vol. 122, août 2013, p. 271–277
We give a purely probabilistic proof of Sklar’s theorem by using a simple continuation technique and sequential arguments. We then consider the case where the distribution function F is unknown but one observes instead a sample of i.i.d. copies distributed according to F: we construct a sequence of...
Jean-François Bonnefon et Sylvie Leblois
vol. 66, n° 8, août 2013, p. 1486–1492
Joao Correia da silva et Joana Resende
vol. 12, n° 2, août 2013, p. 113–130
A free daily newspaper distributes news to readers and sells ad-space to advertisers, having private information about its audience. For a given number of distributed copies, depending on the type of audience (favorable or unfavorable), the newspaper may either have a large readership or a small...
Catarina Goulão et Luca Panaccione
n° 13-427, 29 août 2013
Jean-Paul Azam et Véronique Thelen
n° 13-426, 25 août 2013
This paper reviews some findings by Azam and Thelen (2008, 2010, 2012) that illustrate how foreign aid is used by rich countries to purchase the services of recipient governments with a view to protect or promote their economic and political interests. In particular, these findings show that...
Doh-Shin Jeon et Domenico Menicucci
n° 13-425, 21 août 2013, révision décembre 2015
This paper identifies strategies to build a library consortium from a long term point of view. Contrary to the conventional wisdom to build a consortium around groups of homogenous institutions (Davis, 2002), we find that libraries with similar preferences are likely to lose from building a...
Sjaak Hurkens, Doh-Shin Jeon et Domenico Menicucci
n° 13-423, 13 août 2013, révision mai 2018
We study bundling by a dominant multi-product firm facing competition from a rival multi-product firm. Compared to competition under independent pricing, competition under pure bundling reduces (increases) each firm's profit for low (high) levels of dominance, while for intermediate levels of...
