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Jouini, Elyès; Porte, Vincent - HAL - 2007

In this paper, we point out the role of anticomonotonicity in the characterization of efficient contingent claims, and in the measure of inefficiency size of financial strategies. Two random variables are said to be anticomonotonic if they move in opposite directions. We first provide necessary...

Persistent link: https://www.econbiz.de/10008793718

Efficient Trading Strategies with Transaction Costs

Jouini, Elyès; Porte, Vincent - HAL - 2007

In this article, we characterize efficient contingent claims in a context of transaction costs and multidimensional utility functions. The dual formulation of utility maximization helps us outline the key notion of cyclic anticomonotonicity. Moreover, after defining a utility price in this...

Persistent link: https://www.econbiz.de/10008793933

Fragmentation and immiserising specialisation : the case of the textile and clothing sector

Gimet, Céline; Guilhon, Bernard; Roux, Nathalie - HAL - 2010

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

Agricultural primary commodity export and environmental degradation: what consequences for population's health?

Drabo, Alassane - HAL - 2011

In the economic literature it is generally found that trade openness affects environment through various channels … examining the consequences of agricultural primary commodity export on population's health via physical environment degradation …

Persistent link: https://www.econbiz.de/10009643223

Who benefits from the US withdrawal of the Kyoto Protocol? An application of the MMEA method to measure power

Lahrach, Rahhal; Tensorer, Jérôme Le; Merlin, Vincent - HAL - 2005

Since 1992, the international community is trying to arrive at a multilateral agreement on the reduction of emissions for greenhouse gases. A collective decision mechanism was adopted in 1997: An agreement is ratified if and only if it is approved by a coalition gathering more than 55 countries....

Persistent link: https://www.econbiz.de/10008788999

The Use of Transferable Permits in Transport Policy

Raux, Charles - HAL - 2004

This paper considers potential use of domestic transferable, or tradable, permit systems for the purposes of travel management, especially reducing environmental nuisances. The main arguments for and against the use of permits are analyzed. Secondly two case studies of existing permit systems...

Persistent link: https://www.econbiz.de/10008790756

A spatial analysis of residential land prices in Belgium : accessibility, linguistic border and environmental amenities

Goffette-Nagot, Florence; Reginster, Isabelle; Thomas, … - HAL - 2011

This paper explores the spatial variation of land prices in Belgium. The originality of the methodology is threefold : (1) to work at the spatial extent of an entire country, (2) to compute several accessibility measures to all jobs and several representations of the environmental amenities and,...

Persistent link: https://www.econbiz.de/10008792921

Abatement technology and the environment-growth nexus with education

Pautrel, Xavier - HAL - 2011

This article challenges the conventional result that a tighter environmental tax has no long-run effect on human capital accumulation in the presence of pollution arising from final output production. It demonstrates that the technology used in the abatement sector determines the existence and...

Persistent link: https://www.econbiz.de/10008855841

Measuring corruption: perception surveys or victimization surveys?

Roca, Thomas - HAL - 2011

While methodologies and survey techniques recorded progress over the years, corruption measurement remains a many-headed monster. Since 2003 and the first publication of Transparency International's Global Corruption Barometer, researchers have access to population's feeling about the corruption...

Persistent link: https://www.econbiz.de/10009323507

Different tiers of government in port governance: some general remarks on the institutional geography of ports in Europe and Canada

Debrie, Jean - HAL - 2010

For the last thirty years, port governance has been marked by a new level of complexity which has resulted in the … modes of governance and is now attempting to explain how they are linked to port performance Models of port governance … on public decision-making and the institutional models applied in port governance in 7 European countries and Canada. It …

Persistent link: https://www.econbiz.de/10009278323