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Antonio Russo
n° 12-310, mai 2012, révision novembre 2012
We study the political economy of urban traffic policy. We consider a city and its suburbs. The city decides, by majority voting, on a parking charge in the Central Business District (CBD) and restrictions on road space dedicated to cars. City and suburbs vote on road pricing in the CBD. Results...
Jean-François Bonnefon, Wim De Neys et Astrid Hopfensitz
n° 12-311, mai 2012
The capacity to trust wisely is a critical facilitator of success and prosperity, and it has been conjectured that people of higher intelligence were better able to detect signs of untrustworthiness from potential partners. In contrast, this article reports five Trust Game studies suggesting that...
Michel Le Breton et Dominique Lepelley
n° 12-312, mai 2012
Nous exploitons dans cet article la théeorie des indices de pouvoir pour évaluer les influences respectives des deux classes d’électeurs dans le mode de scrutin instauré par la loi électorale du 29 juin 1820, dite loi du "double vote". Nous montrons, à l’aide d’un modèle simplifié, que le pouvoir...
Fabrice Collard et Patrick Fève
n° 12-317, mai 2012
Cet article présente les contributions originelles et essentielles de T. Sargent et C. Sims à la modélisation macro-économétrique. Après avoir exposé leur critique de la modélisation existante, cet article s'attache à préciser l'originalité de leurs approches respectives. La présentation de leurs...
Christian Gollier
mai 2012
Using a simple arbitrage argument, positivists claim that the interest rate provides the right basis to fix the discount rate to evaluate green investment projects. The real interest rate observed in the U.S. during the XXth century has been around 1% and 2%. On the contrary, ethicists estimate the...
Claude Crampes et Jean-Marie Lozachmeur
Contrairement aux attentes des politiques, les tarifs progressifs ne permettent pas de lutter contre la précarité énergétique et, simultanément, de réduire la consommation totale d’énergie. Le rapport étudie les avantages et les inconvénients des tarifs linéaires croissant par blocs et des tarifs...
Yinghua He
n° 12-345, mai 2012
The Boston mechanism is criticized for its poor incentive and welfare performance compared to the Gale-Shapley deferred-acceptance mechanism (DA). Using school choice data from Beijing, I investigate parents’ behavior under the Boston mechanism, taking into account parents’ possible mistakes when...
Jean-Paul Azam
Michel Le Breton, Peter Sudhölter et Vera Zaporozhets
n° 12.19.376, mai 2012
In this paper, we analyze the equilibrium of a sequential game-theoretical model of lobbying, due to Groseclose and Snyder (1996), describing a legislature that vote over two alternatives, where two opposing lobbies compete by bidding for legislators?votes. In this model, the lobbyist moving ?rst...
Elodie Alet, Liliane Bonnal et Pascal Favard
This paper estimates the treatment effect of grade repetition on subsequent schooling performances in France. We correct for potential selection issues associated with grade retention, using a multi-stage econometric model. We find that early grade repetition (Grade 1 or 2) leads to an increase in...
