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Doh-Shin Jeon, Jay Pil Choi et Michael Whinston
n° 1524, avril 2024, révision mai 2025
We develop a leverage theory of tying in markets with network effects. When a monopolist in one market cannot perfectly extract surplus from consumers, tying can be a mechanism through which unexploited consumer surplus is used as a demand-side leverage to create a “quasi-installed base” advantage...
Maud Mouginot, Michael Wilson, N. Desai et Martin Surbeck
vol. 34, n° 8, avril 2024, p. 1780–1785
Researchers investigating the evolution of human aggression look to our closest living relatives, bonobos (Pan paniscus) and chimpanzees (Pan troglodytes), as valuable sources of comparative data.1,2 Males in the two species exhibit contrasting patterns: male chimpanzees sexually coerce females3,4,...
Claire Borsenberger, Helmuth Cremer, Denis Joram, Jean-Marie Lozachmeur et Estelle Malavolti
n° 24-1528, avril 2024, révision novembre 2025
We study the design of optimal (private and/or social) insurance schemes for formal home care and institutional care. We consider a three period model. Individuals are either in good health, lightly dependent or heavily dependent. Lightly dependent individuals can buy formal home care which reduces...
Andrew Rhodes et Jidong Zhou
n° 24-1525, avril 2024, révision avril 2025
This paper studies consumers’ privacy choices when firms can use their data to make personalized offers. We first introduce a general framework of personalization and privacy choice, and then apply it to personalized recommendations, personalized prices, and personalized product design. We argue...
Horacio Larreguy et Shelley X. Liu
vol. 12, n° 2, avril 2024, p. 354 – 371
We argue that education's effect on political participation in developing democracies depends on the strength of democratic institutions. Education increases awareness of, and interest in, politics, which help citizens to prevent democratic erosion through increased political participation. We...
Farid Gasmi, Isacco Berté, Louise Demoury, Dorgyles Kouakou, Niklas Patzig et Laura Recuero Virto
n° 24-1523, avril 2024
Using data on telecommunications from 1985 to 2022 in 103 countries, this article provides evidence of a robust nonlinear relationship between privatization and corruption showing that the latter has an inverted U-shape effect on the former. Using the Bayesian Corruption Index as a proxy for...
Anne Degrave
n° 24-1530, avril 2024
Informational capacity is widely viewed as a fundamental dimension of state power and a factor of economic development. However, there is little direct evidence on the consequences of historical investments in legibility. I analyze the case of the French Napoleonic cadaster, an ambitious land...
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...
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...
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...
