This article provides an overview of the literature on the psychological value of time. It discusses various determinants of the discount rate and the possibility of hyperbolic discounting. The historical approach helps us to trace the origins of the concept of psychological value of time. This...

The consideration of the competition in the spatial construction of the new entrant’s retailing network The aim of this paper is to show in which measure the consideration of the location of networks’ competitors can be very important for a retailer to build spatially its own retailing...

Many empirical and behavioral studies underline the idea of a non-flat term structure of subjective interest rates with a decreasing slope. Using an empirical test, this paper aims at identifying in individual behaviors whether agents see their psychological value of time decreasing or not. We...

The starting point of this paper is given by country situations where trade liberalization is expected to be poverty and inequality alleviating in the long run while inducing a short run increase in poverty or in inequality. The question we ask is what are the distributive aspects of trade which...

Public service motivation is often considered as an argument for low- powered incentive schemes in the public sector. In this paper, we characterize the optimal contract between a public regulator and an altruistic agent according to the degree of public service motivation, when the type of the...

The reasons for the rise of the theories of monopolistic competition are fairly well identified. This is much less the case for their decline. This article will identify the forces that are responsible for the fact that the theories of monopolistic competition remain an interlude in the history...

For more than 20 years the Nordic scholars have been major contributors to the advancement of knowledge in orgganization studies. Four aspects are considered: they are both global oriented and locally embedded, they combine disciplinary roots with interdisciplinary openess, they are functioning...

In a partial equilibrium framework, SHARKEY and SIBLEY [1993] show paradoxally that all redistributive optimal two-part pricings are sustainable. They also suggest the extension of their main result to non-linear pricing. In this paper, it is shown that in fact their result doesn't extend...