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All Courts rule ex-post, after most economic decisions are sunk. This might generate a time-inconsistency problem. From an ex-ante perspective, Courts will have the (ex-post) temptation to be excessively lenient. This observation is at the root of the principle of stare decisis. Stare decisis...
Persistent link: https://www.econbiz.de/10010707872
This article is devoted to a survey of results for differential games obtained through Viability Theory. We recall the basic theory for differential games (obtained in the 1990s), but we also give an overview of recent advances in the following areas : games with hard constraints, stochastic...
Persistent link: https://www.econbiz.de/10011166493
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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...
Persistent link: https://www.econbiz.de/10010706914
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...
Persistent link: https://www.econbiz.de/10010707022
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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.
Persistent link: https://www.econbiz.de/10011073257
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In this paper, we apply a multidimensional decomposition of the Gini index to the active and retired populations in France. The multi-decomposition of an inequality measure allows us to put into perspective the role of social spending and taxation in reducing inequalities simultaneously among...
Persistent link: https://www.econbiz.de/10010861583
Among inequalities in health, those which are explained by circumstances during childhood or parents' characteristics are recognized as inequalities of opportunities in health and are considered as the most unfair. Tackling health inequalities in later life and improving the underlying...
Persistent link: https://www.econbiz.de/10010861630