Showing 1 - 10 of 93
Des appareillages électriques, en passant par les bilans comptables jusqu'aux technologies de l'information et de la communication, rares sont les secteurs économiques qui ne soient pas soumis à des normes dites techniques. Les normes techniques, dont les normes ISO sont certainement les plus...
Persistent link: https://www.econbiz.de/10009319612
We study the deterministic optimization problem of a profit-maximizing firm which plans its sales/production schedule. The firm controls both its production and sales rates and knows the revenue associated to a given level of sales, as well as its production and storage costs. The revenue and...
Persistent link: https://www.econbiz.de/10008532670
Persistent link: https://www.econbiz.de/10008532508
This paper proposes an equilibrium approach to belief manipulation and deception in which agents only have coarse knowledge of their opponent's strategy. Equilibrium requires the coarse knowledge available to agents to be correct, and the inferences and optimizations to be made on the basis of...
Persistent link: https://www.econbiz.de/10008790079
The paper focuses on the signaling value of a tax when agents are less informed than the government on the effect of …
Persistent link: https://www.econbiz.de/10008852130
We analyze the link between pessimism and risk-aversion. We consider a model of partially revealing, competitive rational expectations equilibrium with diverse information, in which the distribution of risk-aversion across individuals is unknown. We show that when a high individual level of...
Persistent link: https://www.econbiz.de/10008532568
Persistent link: https://www.econbiz.de/10008529701
We study imperfect competition between insurers in a multiple-risk environment. In the absence of asymmetric information, equilibria are efficient, and we determine the degrees of specialization under which the specialized insurers are able or unable to capture the surplus. We show in contrast...
Persistent link: https://www.econbiz.de/10008773599
In a differential information economy with quasi–linear utilities, monetary transfers facilitate the fulfillment of incentive compatibility constraints : the associated ex ante core is generically nonempty. However, we exhibit a well–behaved exchange economy in which this core is empty, even...
Persistent link: https://www.econbiz.de/10008790083
monopoly is demonstrated. Last, this property is used to build a mutualist mechanism implementing the constrained Pareto optima. …
Persistent link: https://www.econbiz.de/10009024334