Hypothetical bias is a long-standing issue in stated preference and contingent valuation studies—people tend to overstate their preferences when they do not experience the real monetary consequences of their decision. This view, however, has been challenged by recent evidence based on the...

Consequences of network externalities, such as product growth and innovation diffusion, are widely studied in marketing literature. However, there is little empirical research that examines the existence of such network externalities in consumer behavior. When and how do consumers take into...

Peter P. Wakker has forcefully shown the importance for decision theory of a condition that he called “Cardinal Coordinate Independence” (CCI). Indeed, when the outcome space is rich, he proved that, for continuous weak orders, this condition fully characterizes the Subjective Expected...

We compare the performance of two incentive mechanisms in public goods experiments. One mechanism, the Falkinger mechanism, rewards and penalizes agents for deviations from the average contributions to the public good (Falkinger mechanism). The other, the compensation mechanism, allows agents to...

This paper assesses the impact of migrants' Home Town Associations (HTAs) located in France on the provision of local public goods in Mali. To this end, we computed a dataset on all the HTAs that have been created by Malian migrants in France since 1981 and geo-localised their interventions on...

To what extent did the colonial public policy influence the current regional inequalities in the French- speaking West Africa? This paper uses the differences in development outcomes across the areas of the former French West Africa to show the existence of colonial long term effects on...

This paper studies political competition in the case of a democratization process. We present an illustrative model describing political competition when the opposition threatens the stability of the country. In some cases, our model predicts the government should invest in opposition districts...