In many European countries, a majority of employees are hired under very protective labor contracts thatrestrict the ability of the employer to dismiss them. In particular, employees can take to courts the firm'slayoff motive. Given the high costs specific to so-called economic motives and...

Many observers argue that the abnormal accumulation of risk by banks has been one of the major causes of the 2007-2009 …nancial turmoil. But what could have pushed banks to engage in such a risk race? The answer brought by this paper builds on the classical signaling model by Spence. If banks'...

Cet article présente une formalisation élémentaire du "marché" des publications académiques dans uncontexte dinformation incomplète sur la qualité des contributions de chaque auteur. Lo¤re darticlesest présentée comme le résultat dun jeu entre le responsable dun centre de recherche et...

Criticism is mounting on business schools for their excessive focus on research and for neglecting teaching. We show that if students have imperfect information about a school's overall capabilities and if business schools differ in their research productivity, the least productive schools may...

This paper analyzes the decision of a migrant to return or stay within the framework of a signaling model withexogenous migratory costs. If employers have only imperfect information about the type of a worker and goodworkers migrate, bad workers might copy their strategy in order to get the same...

This paper provides a dynamic analysis of the market for academic publications. Given imperfect information about journals' editorial line, authors can sometimes target a wrong journal; in turn, the editor will desk-reject their paper. An equilibrium is de…ned as a situation where both editors...

This paper brings experimental evidence on investors' behavior subject to an "illiquidity" constraint, where the success of a risky project depends on the participation of a minimum number of investors. The experiment is set up as a frameless coordination game that replicates the investment...

We present evidence indicating that immigrants and especially those from the Maghreb/Middle-East give first names to their children that are different from those given by the French majority population. When it comes to natives with an immigrant background, these differences are very little...

This paper studies the publishing game played by researchers and editors when the editors adopt an impartial selection process. It analyzes the possibility of congestion in the editorial process and shows that, depending on the nature of the equilibrium, the rise of the rejection costs could be...

This paper deals with two elements of Thomas Kuhn (1962) ideas regarding paradigm: Depletion and resiliency. The possibility of paradigm depletion taking resilience into account, given the hierarchy among scientists, is modeled as a Stackelberg differential game between editors [leaders] and...