This paper analyses the effect of public expenditure on economic growth from both a theoretical and an empirical point of view. Given that the economic literature supplies numerous and conflicting views on the topic, the article offers a framework combining both theories of market failures and...

The present research relaxes three of the usual assumptions made in the insurance literature. It is assumed that (1) there is a finite number of risks, (2) the risks are not statistically independent and (3) the structure of the market is monopolistic. In this context, the article analyses two...

We propose an extension of Harsanyi's Impartial Observer Theorem based on the representation of ignorance as the set of all possible probability distributions over individuals. We obtain a characterization of the observer's preferences that, under our most restrictive conditions, is a convex...

La magistrature offre un exemple particulier de gestion des carrières au sein de la fonction publique puisque les magistrats ont le choix permanent entre une carrière au siège et une au parquet. Cet article aborde du côté de la demande ( les magistrats) et du côté de l'offre ( la...