Jump to navigation
Pierre Fleckinger, David Martimort et Nicolas Roux
n° 23-1421, mars 2023, révision janvier 2024
What is the most efficient way of designing incentives for a group of agents? Over the past five decades, agency theory has provided various answers to this crucial question. This line of research has argued that, depending on the specific organizational context, the best channel for providing...
Perrin Lefebvre et David Martimort
n° 23-1418, mars 2023
A substantial literature has been devoted to analyzing how legislators delegate regulatory power to a more knowledgeable agency. Yet, much less attention has been paid to understand how this delegation process is shaped by the environment in which this agency operates, and more specifically by the...
Christian Bontemps, Cristina Gualdani et Kevin Remmy
n° 23-1415, mars 2023, révision 2 juillet 2025
We develop a two-stage game in which competing airlines first choose the networks of markets to serve in the first stage before competing in price in the second stage. Spillovers in entry decisions across markets are allowed, which accrue on the demand, marginal cost, and fixed cost sides. We show...
Pascal Bégout et Jesus Ildefonso Diaz
vol. 3/4, n° 28, mars 2023, p. 311–340
Farid Gasmi, Dorgyles Kouakou, Paul Noumba Um et Pedro Rojas Milla
n° 23-1423, mars 2023
This paper presents an empirical application and analysis of the social contract in MENA countries based on the conceptual framework proposed by Loewe et al. (2021). We suggest a simple operational model synthesizing a social contract's three main characteristics: Participation, Protection, and...
février 2023
Doh-Shin Jeon, Domenico Menicucci et Nikrooz Nasr
vol. 15, n° 1, février 2023, p. 30–73
We study mix-and-match compatibility choices of firms selling complementary products in a dynamic setting. Contrary to what happens in a static setting where symmetric firms choose compatibility (Matutes and Regibeau 1988), when switching costs are high and firms make price discrimination based on...
Stéphane Villeneuve et Jessica Martin
vol. 46, février 2023, p. 1–23
What type of delegation contract should be offered when facing a risk of the magnitude of the pandemic we are currently experiencing and how does the likelihood of an exogenous early termination of the relationship modify the terms of a full-commitment contract? We study these questions by...
Emmanuelle Auriol, Sara Biancini et Rodrigo Paillacar
vol. 162, n° 106072, février 2023
The paper proposes an empirical analysis of the determinants of the adoption of Intellectual Property Rights (IPR) and their impact on innovation in manufacturing. The analysis is conducted with panel data covering 112 countries. First we show that IPR protection is U-shaped with respect to a...
Sabine Noebel, Antoine Jacquet, Guillaume Isabel, Arnaud Pocheville, Paul Seabright et Etienne Danchin
vol. 98, n° 1, février 2023, p. 132–149
Although conformity as a major driver for human cultural evolution is a well-accepted and intensely studied phenomenon, its importance for non-human animal culture has been largely overlooked until recently. This limited for decades the possibility of studying the roots of human culture. Here, we...
