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Sébastien Mitraille et Michel Moreaux
n° 11-249, 27 juillet 2011
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 leader- ship over rivals. The number of firms storing balances market share...
Stefan Ambec, Nick Johnstone, Paul Lanoie et Jérémy Laurent-Lucchetti
vol. 20, n° 3, 22 juillet 2011, p. 803–842
19 juillet 2011
Guido Friebel, Marc Ivaldi et Jérôme Pouyet
n° 11-248, 18 juillet 2011, révision mars 2013
This paper investigates various options for the organization of the railway industry when network operators require the access to multiple national networks to provide international (freight or passenger) transport services. The EU rail system provides a framework for our analysis. Returns-to-scale...
n° 680, 18 juillet 2011, révision 7 juin 2012
Marc Ivaldi
18 juillet 2011
Jérôme Mathis et Alain Trannoy
11 juillet 2011
Augustin Landier et David Thesmar
6 juillet 2011
Christian Gollier
juin 2011
Following Brunnermeier and Parker (2005), we examine a decision problem in which the agent can manipulate her beliefs to rationalize her behavior and to extract more benefit from her anticipatory feelings. The optimal beliefs are a best compromise between this benefit and the cost of the risk-...
Frédéric Cherbonnier et Christian Gollier
juin 2011, révision janvier 2015
