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Jean-Pierre Amigues, Gilles Lafforgue et Michel Moreaux
n° 10-163, 11 février 2010
We characterize the optimal exploitation paths of two primary energy resources. The first one is a non-renewable polluting resource, the second one a pollution-free renewable resource. Both resources can supply the energy needs of two sectors. Sector 1 is able to reduce the potential carbon...
Nicolas Treich
11 février 2010
Jacques Crémer et Bernard Salanié
4 février 2010
Gilles Saint-Paul
Gary Biglaiser, Jacques Crémer et Gergely Dobos
n° 10-142, 3 février 2010, révision 30 octobre 2012
We study a dynamic model with an incumbent monopolist and entry in every subsequent period. We first show that if all consumers have the same switching cost, then the intertemporal profits of the incumbent are the same as if there was only one period. We then study the consequences of heterogeneity...
1 février 2010
Philippe Mahenc
Catherine Bobtcheff et Thomas Mariotti
n° 10-140, janvier 2010
We consider a preemption game with two potential competitors who come into play at some random secret times. The presence of a competitor is revealed to a player only when the former moves, which terminates the game. We show that all perfect Bayesian equilibria give rise to the same distribution of...
Philippe De Donder, Michel Le Breton et Eugenio Peluso
n° 7646, janvier 2010
Catherine Cazals, Jean-Pierre Florens, Frank Rodriguez, Soterios Soteri et Leticia Veruete-McKay
n° 10-170, janvier 2010