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Hippolyte D'Albis et Emmanuel Thibault
vol. 115, n° 2, mai 2012, p. 296–299
We consider a life-cycle model with bequest motives, and assume that the individual does not know his/her survival probability and has maxmin utility preferences;weshow that it is optimal not to annuitize but to purchase pure life insurance policies instead.
Christian Bontemps, Thierry Magnac et Eric Maurin
vol. 80, n° 3, mai 2012, p. 1129–1155
mai 2012
Christian Hellwig, Sebastian Kohls et Laura Veldkamp
vol. 102, n° 3, mai 2012, p. 35–40
Theories based on information costs or frictions have become increasing popular in macroeconomics and macro-finance. The literature has used various types of information choices, such as rational inattention, inattentiveness, information markets and costly precision. Using a unified framework, we...
Maria A. García-Valiñas, Alison Macintyre et Benno Torgler
vol. 21, n° 2, mai 2012, p. 209–231
This paper investigates the relationship between voluntary participation in environmental organisations and the justifiability of littering behaviour. Previous empirical work regarding determinants of littering and littering behaviour remains scarce, particularly in socio-economic analysis. We...
Paul Seabright
Princeton University Press, mai 2012
24 mai 2012
23 mai 2012
22 mai 2012
Emmanuelle Auriol