In this paper, we study a framework where allocations of goods result from distributed negotiation conducted by autonomous agents implementing very simple deals. Assuming that these agents are strictly self-interested, we study the impact of different negotiation protocols over the outcomes of...

Institutional researchers have recently paid more attention to power. Yet, most of these works consider actors and the way they can manipulate institutions. This paper offers another approach by focusing on institutions. We argue that the institutionalization process is a process whereby...

The delegation of management of the service of water in rural areas is characterized by a contractual relation between an authority principal and an administrator delegated for the delivery of the service. As the State sets up an action plan to generalize this model, this paper shows that all...

Un essai dans lequel l'auteur affirme que la France est plus dynamique qu'elle n'y paraît, malgré un manque de compréhension de l'économie mondiale et des difficultés à faire évoluer ses institutions.

In this paper we study the dynamic general equilibrium path of an economy and the associated optimal growth path in a two-sector overlapping generation model with a stock pollutant. A sector (power generation) is polluting, and the other (final good) is not. Pollution is regulated by tradable...

According to economic theory, health insurance raises medical care consumptions by inducing ex-post moral hazard behavior, it is to say the purchase of health care that individual value below their production cost. Nevertheless, among the economists community, some suggest that these additional...