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14 mars 2012
Helmuth Cremer, Philippe De Donder, Paul Dudley et Frank Rodriguez
n° 12-298, 13 mars 2012
We build a model where two banks compete for the patronage of consumers by offering them, among other services and products, two forms of transactional media: paper statements and electronic substitutes. Both banks and both products are horizontally differentiated and modeled à la Hotelling(1929)....
Paul Seabright
7 mars 2012
Augustin Landier et David Thesmar
Fabian Bergès et Sylvette Monier-Dilhan
n° 12-277, février 2012
This article analyzes the effects of international trade policies on an imperfect competitive domestic market, taking into account not only consumers but also upstream and downstream firms. We first study the impact of a classic import tax decrease and we find that upstream firms are harmed and...
Ingela Alger et Jörgen W. Weibull
n° 12-281, février 2012
What preferences will prevail in a society of rational individuals when preference evolution is driven by their success in terms of resulting payoffs? We show that when individuals’ preferences are their private information, a convex combinations of selfishness and morality stand out as...
Giuseppe Marco Attanasi, Fortuna Casoria, Samuele Centorrino et Giulia Urso
n° 12-291, février 2012
In this paper we show how the investment in cultural events may encourage the building of social capital and foster the development of local communities. We rely on a casestudy that we conducted about the socio-economic impact of the Festival “La Notte della Taranta”, the most important European...
Sébastien Mitraille et Michel Moreaux
n° 12-322, février 2012
Two-period Cournot competition between n identical firms producing at constant marginal cost and able to store before selling has pure strategy Nash-perfect equilibria, in which some firms store to exert endogenously a leadership over rivals. The number of firms storing balances market share gains...
2 mars 2012
