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Benoît Chevalier-Roignant, Stéphane Villeneuve, Fabien Delpech et May-Line Grapotte
vol. 175, n° 105098, juin 2025
There are many business situations in which investments by a supplier and a producer (“coinvest-ments") are both necessary for either of them to grasp a business opportunity. For instance, better quality tanks are needed to manufacture reliable hydrogen-powered vehicles. One of these two firms,...
Elia Lapenta et Pascal Lavergne
vol. 41, n° 3, juin 2025, p. 709–738
We set up a formal framework to characterize encompassing of nonparametric models through the distance. We contrast it to previous literature on the comparison of nonparametric regression models. We then develop testing procedures for the encompassing hypothesis that are fully nonparametric. Our...
Michele Bisceglia et Salvatore Piccolo
vol. 56, n° 2, juin 2025, p. 216–230
We study a two-period industry where firms are run by agents privately informed about their (persistent) costs, and principals can only use spot contracts. We characterize novel semi-separating equilibria where principals randomize in one or both periods. These equilibria have the following...
Farid Gasmi, Laura Recuero Virto et Denis Couvet
vol. 40, n° 1-2, juin 2025, p. 1–45
This paper analyzes the determinants of economic growth in coastal countries and discusses their potential consequences on mangrove blue carbon (BC). We use a Bayesian averaging of classical estimates technique to fit models reflecting alternative theories to 1960–2009 data on 23 specific coastal...
Marion Hoffman, Christoph Stadtfeld et Timon Elmer
vol. 88, n° 2, juin 2025, p. 249–270
Dyadic isolation is the tendency of some individuals to be involved in pairwise interactions rather than in larger group interactions. This article investigates the interpersonal processes associated with the dyadic isolation of individuals with depressive symptoms. We hypothesize that such...
Marianne Andries, Milo Bianchi, Karen Huynh et Sébastien Pouget
vol. 38, n° 6, juin 2025, p. 1687–1729
In an investment experiment, we show variations in information affect belief and decision behaviors within the information-beliefs-decisions chain. Subjects observe the time series of a risky asset and a signal that, in random rounds, helps predict returns. When they perceive the signal as useless...
Céline Bonnet, Zohra Bouamra-Mechemache et Hugo Molina
vol. 56, n° 2, juin 2025, p. 194–215
We develop a bilateral oligopoly framework with manufacturer-retailer bargaining to analyze the impact of retail mergers on market outcomes. We show that the surplus division between manufacturers and retailers depends on three bargaining forces and can be interpreted in terms of an “equilibrium of...
Dale Whittington, Céline Nauges et Richard Damania
n° 20 064052, mai 2025
This paper describes three phases that cities go through for the delivery of municipal water and sanitation services, identifying the main political, technological, socio-institutional, financial, public health forces of disequilibria that push cities along this development path. Data from the...
Marina Kontalexi, Alexandros Gelastopoulos et Pantelis Analytis
mai 2025, p. 1086–1090
Theoretical work on sequential choice and large-scale experiments in online ranking and voting systems has demonstrated that social influence can have a drastic impact on social and technological systems. Yet, the effect of social influence on online rating systems remains understudied and the few...
Pascal Bégout et Jesus Ildefonso Diaz
vol. 53, mai 2025, p. 1–15
