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André Grimaud et Elie Gray
n° 155, 2024, révision 10 juin 2026, p. 3–44
We formalize inter-sectoral knowledge diffusion in a standard fully endogenous Schumpeterian growth model. Each sector is simultaneously sending and receiving knowledge; thereby, to produce new knowledge, the research and development activity of each sector draws from a pool of knowledge which...
Mathias Dewatripont et Jean Tirole
vol. 132, n° 8, 2024, p. 2655–2694
Scholars and civil society have argued that competition erodes supplier morality. This paper establishes a robust irrelevance result, whereby intense market competition does not crowd out consequentialist ethics; it thereby issues a strong warning against the wholesale moral condemnation of markets...
Renato Gomes et Alessandro Pavan
vol. 55 (2), n° Summer, 2024, p. 230–265
We introduce a model of (platform-mediated) many-to-many matching in which agents' preferences are both vertically and horizontally differentiated. We first show how the model can be used to derive the profit-maximizing matching plans under customized pricing. We then investigate the implications...
Jonathan Elliott, Georges Vivien Houngbonon, Marc Ivaldi et Paul Scott
2024
We develop a model of competition in prices and infrastructure among mobile network operators. Although consolidation increases market power, it can lead to more efficient data transmission due to economies of scale, which we derive from physical principles. After estimating our model with French...
Abdelaati Daouia et Gilles Stupfler
Extremiles are a least squares alternative to quantiles, determined by probability-weighted moments rather than tail probabilities. They benefit from several interpretations and closed form expressions that are equivalent for continuous distributions, and they characterize a distribution just as...
Alipio Ferreira
2024, révision 10 juin 2026
Charles Mason
Misato Sato
Nicolas Astier
Mert Demirer
