Recherche avancée

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...

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...

Lan Anh Nguyen, Manh-Hung Nguyen, Arnaud Reynaud et Michel Simioni

vol. 161, n° 106038, mars 2024

We provide an in-depth analysis of tourists’ and residents’ preferences for different coastal erosion management programs in Hoi An, a UNESCO World Heritage Site in Vietnam. Using a split-sample choice experiment, we assess how preferences of respondents vary across beach segments affected by...

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...

Camila Scaff, Marisa Casillas, Jonathan Stieglitz et Alejandrina Cristia

vol. 29, n° 2, mars 2024, p. 196–215

There is little systematically collected quantitative empirical data on how much linguistic input children in small-scale societies encounter, with some estimates suggesting low levels of directed speech. We report on an ecologically-valid analysis of speech experienced over the course of a day by...

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...

Sylvain Chabé-Ferret, Philippe Le Coent, Caroline Lefebvre, Raphaele Préget, François Salanié, Julie Subervie et Sophie Thoyer

n° 24-1512, février 2024

Nudges are increasingly used to alter the behavior of economic agents as an alternative to monetary incentives. However, little is known as to whether nudges can backfire, that is, how and when they may generate effects opposite to those they intend to achieve. We provide the first field evidence...

Catarina Goulão, Juan Antonio Lacomba, Francisco Lagos et Dan-Olof Rooth

vol. 218, février 2024, révision 10 juin 2026, p. 132–145

Being overweight or obese is associated with lower employment and earnings, possibly arising from employer discrimination. A few studies have used field experiments to show that obese job applicants are, in fact, discriminated against in the hiring process. However, whether overweight job...

Nadia Burani et Andrea Mantovani

n° 24-1513, février 2024, révision juillet 2024

We consider a duopolistic market in which a green rm competes with a brown rival, and both rms o¤er vertically di¤erentiated products. Consumers are heterogeneous both in their willingness to pay for intrinsic quality and in their environmental concern. The latter is positively related to the green...

Stéphane Villeneuve, Bruno Biais, Hans Gersbach, Jean-Charles Rochet et Ernst-Ludwig von Thadden

n° 24-1511, février 2024

We analyze dynamic capital allocation and risk sharing between a principal and many agents, who privately observe their output. The state variables of the mechanism design problem are aggregate capital and the distribution of continuation utilities across agents. This gives rise to a Bellman...