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Paul Seabright
18 septembre 2012
Giuseppe Marco Attanasi, Christian Gollier, Aldo Montesano et Noémie Pace
n° 12-338, 15 septembre 2012
We define coherent-ambiguity aversion within the Klibanoff, Marinacci and Mukerji (2005) smooth ambiguity model (henceforth KMM) as the combination of choice-ambiguity aversion and value-ambiguity aversion. We analyze theoretically ?ve ambiguous decision tasks, where a subject faces two-stage...
Doh-Shin Jeon, Bruno Jullien et Mikhail Klimenko
n° 12-336, 14 septembre 2012, révision octobre 2020
The dominance of English language content on the Internet raises a question of how consumer bilingualism in a given country a§ects the amount of home language content and the countryís welfare. We address this question by studying two-sided market competition between a foreign and a domestic...
Jean-Pierre Florens et Anna Simoni
14 septembre 2012
When a large number of moment restrictions is available there may be restrictions that are more important or credible than others. In these situations it might be desirable to weight each restriction based on our beliefs. This is automatically implemented by a Bayesian procedure. We develop, in...
n° 742, 14 septembre 2012
The World Wide Web was originally a totally English-based medium due to its US origin. Although the presence of other languages has steadily risen, content in English is still dominant, which raises a natural question of how bilingualism of con- sumers of a home country affects production of web...
13 septembre 2012
Claude Crampes et Jean-Marie Lozachmeur
10 septembre 2012
