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Afin de préparer la renégociation de la convention d'exploitation avec la Région Centre, l'Activité TER Centre (SNCF) a …
Persistent link: https://www.econbiz.de/10008792199
In this article, we characterize efficient portfolios, i.e. portfolios which are optimal for at least one rational agent, in a very general financial market model of foreign currencies with proportional transaction costs. In our setting, transaction costs may be random, time dependent, have...
Persistent link: https://www.econbiz.de/10010733710
With production activity tending rapidly towards international fragmentation, this study examines the consequences for … labour countries of the forms of specialisation brought about by fragmentation processes. It further addresses the risk that …
Persistent link: https://www.econbiz.de/10008791198
Cette seconde partie de l'ouvrage "Formations et Emplois qualifiés. Les transformations dans le bâtiment en France et au Royaume-Uni" est consacrée à l'analyse des dynamiques d'entreprises avec l'objectif de comprendre pourquoi en France, il semble normal que la formation alternée des...
Persistent link: https://www.econbiz.de/10010898926
The contemporary tensions between patents and competition no longer reside in the traditional trade-off between the exclusionary right given to an inventor to encourage innovation, and the welfare loss induced by the market power associated to this right. They rather result from three important...
Persistent link: https://www.econbiz.de/10011025982
Persistent link: https://www.econbiz.de/10000910052
We propose an ethical viewpoint based on the possibility of the realization of the worst-case scenario in order to reduce future generations risks in terms of discounting. Applied to the question of conservation of a renewable resource, we show that an economy, where the social planner takes...
Persistent link: https://www.econbiz.de/10010750368
addressing here is: should uncertainty about future preferences lead to a more conservative attitude towards environment … environment than ours, but this result relies heavily on the assumption of a separability between consumption and environmental … (impatience, intertemporal flexibility, natural capacities of regeneration of the environment, relative preference for the …
Persistent link: https://www.econbiz.de/10010750447
We consider an overlapping generations model with environment and an elastic labor supply. In this framework, consumers …
Persistent link: https://www.econbiz.de/10010750468
the use of environmental services and so is a direct cause of environmental degradation. The environment is valued both as … marginal discount rate allows us to avoid the depletion of the environment. …
Persistent link: https://www.econbiz.de/10010750484