We show that when decision makers are of the multiple prior kind, there is an equivalence between no betting and non …

trader fraud on European carbon allowances markets. This fraud occurred mainly between the end of 2008 and the beginning of … 2009. In this paper, we explore the financial mechanisms of the fraud and the impact on the market behaviour as well as the …

We survey recent developments in the economic analysis of insurance fraud. The paper first sets out the two main … approaches to insurance fraud that have been developped in the literature, namely the costly state verification and the costly … be deterministic or random, and it can be conditioned on fraud signals perceived by insurers. Under costly state …

to explain why the Paris Bourse was able to be so successful in spite of the supposedly inefficient monopoly and …

model, monopoly, pricing, size / cover / limits of the market) ? …

Revisiting Rothbardian monopoly price theory and extending it to the realm of factor pricing, this paper explains how … environment. Monopolistic grants to capitalists make for situations where both monopoly of demand for factors and monopoly of …