We present the leading hypotheses of a work in progress aiming at testing and comparing neural activities in the case of a cognitive illusion (the bat-and-ball illusion) and in the case of a typical instance of framing effects. We focus on contrasted answers linked to Stanovich's system 1 vs...

Labour market and career advice and guidance have received considerable recent research and policy attention and have been heralded as part of the new institutional resources required in reformed, active, welfare states. We seek to understand the meaning of such policy enthusiasm by proposing an...

This work presents a contribution on operational risk under a general Bayesian context incorporating information on market risk pro le, experts and operational losses, taking into account the general macroeconomic environment as well. It aims at estimating a characteristic parameter of the...

According to the last proposals of the Basel Committee on Banking Supervision, banks under the Advanced Measurement Approach (AMA) must use four different sources of information to assess their Operational Risk capital requirement. The fourth including "business environment and internal control...

We develop a reliable Bayesian inference for the RIF-regression model of Firpo, Fortin and Lemieux (Econometrica, 2009) in which we first estimate the log wage distribution by a mixture of normal densities. This approach is pursued so as to provide better estimates in the upper tail of the wage...

This paper provides a new estimation of an international poverty line based on a Bayesian approach. We found that the official poverty lines of the poorest countries are related to the countries' mean consumption level. This new philosophy is to be compared to the previous assumptions made by...