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Mengchen Dong, Jean-François Bonnefon et Iyad Rahwan
vol. 131, mars 2024
As algorithms powered by Artificial Intelligence (AI) are increasingly involved in the management of organizations, it becomes imperative to conduct human-centered AI management research and understand people's feelings and behaviors when machines gain power over humans. The two mainstream methods...
M. A. Drupp, M. C. Hänsel, E. P. Fenichel, Mark Freeman, Christian Gollier, Ben Groom, G. M. Heal, P. H. Howard, Antony Millner, F. C. Moore, F. Nesje, M. F. Quaas, Sjak Smulders, Thomas Sterner, Christian Traeger et F. Venmans
vol. 383, n° 6687, mars 2024, p. 1062–1064
Christian Gollier
vol. 49, mars 2024, p. 59–74
An optimality condition for sustainability actions under discounted expected utility is that, ex post, we should almost surely regret having adjusted them too much for risk. In other words, ex post, one would almost surely feel regret for "excess" precautionary saving, excess insurance and hedging...
Andrea Attar, Lorenzo Bozzoli et Roland Strausz
n° 24-1522, mars 2024, révision février 2025
We propose a novel approach to contract renegotiation with asymmetric information, introducing mediated mechanisms that generate additional private information to deter renegotiation. These mechanisms prevent any renegotiation, upholding secondbest optimality as the unique equilibrium outcome. Thus...
Gary Biglaiser, Jacques Crémer et Andrea Mantovani
n° 24-1520, mars 2024
The aim of this report is to present the main facets of the development of cloud services, its economics and the related policy issues. We begin by surveying the sector, its growth and the significant increase in concentration in recent years. We then discuss the tools that economics gives us to...
Tiziana Assenza, Alberto Cardaci et Stefanie Huber
n° 24-1519, mars 2024, révision novembre 2024
This paper quantifies the impact of a demand-side policy intervention on citizens’ willingness to pay for protection against misinformation. We find that individuals generally lack proficiency in identifying fake news and overestimate their ability to distinguish between accurate and false content...
Abdelaati Daouia, Gilles Stupfler et Antoine Usseglio-Carleve
vol. 34, n° 103, mars 2024
A substantial body of work in the last 15 years has shown that expectiles constitute an excellent candidate for becoming a standard tool in probabilistic and statistical modeling. Surprisingly, the question of how expectiles may be efficiently calculated has been left largely untouched. We fill...
Paul-Henri Moisson
n° 24-1518, mars 2024, révision avril 2024
How do individuals behave in a society that rewards "merit", despite not being all on the same starting line? Does inequality in head starts make meritocracy undesirable? Attempting to answer these questions, this paper develops a model of career concerns in which agents publicly choose among...
Arnaud Reynaud et Benjamin Ouvrard
n° 24-1517, mars 2024
We examine the influence of perceived social norms on the adoption by French farmers of eco-schemes (ES), a new type of direct monetary compensation provided by the EU Common Agricultural Policy to farmers who voluntarily adopt sustainable agricultural practices. Using a representative large scale...
Patrick Fève, Tiziana Assenza, Fabrice Collard et Stefanie Huber
n° 24-1516, mars 2024
The proliferation of fake news poses significant challenges for policymakers and raises concerns about its potential impact on economic stability. This paper explores this question, focusing on the macroeconomic effects of technology related fake news in the US for the period 2007–2022. Utilizing a...
