The literature on strategic alliances has deepened our understanding of the mechanisms behind their formation. This literature has given a central role to complementarities between firms, whereby complementarities are usually measured by technological overlap. An established result tells us...

The aim of this paper is to highlight the effect of irreversibility in partner choice in strategic alliances. In an environment where firms are binded by contractual constraints regarding the duration of partnerships, how does the complexity of products influence the overall knowledge in the...

In this paper I differentiate between two types of benefits of open innova- tion. Network externalities e¤ect happens when open innovation increases the participation of one group of users which increases the value of adoption for another group of users. Learning e¤ect happens when economic...

In this paper, I extend the Olley-Pakes (1996) estimation method to the CES production function with biased technical change. The new semi-parametric approach allows consistent estimation of the degree of returns to scale, the elasticity of substitution, and the bias in technical change....

How people develop beliefs about themselves (self-theories) plays an important role on motivation and achievement as shown by Carol Dweck’s life-long research. In this paper, we conduct a field experiment to investigate whether self-theories impact overconfidence and risk taking. Self-theories...

The euro zone crisis illustrates the deficiencies of adjustment mechanisms in a monetary union characterized by a large heterogeneity. Exchange rate adjustments being impossible, they are very few alternative mechanisms. At the level of the whole euro zone the euro is close to its equilibrium...

L’article utilise un modèle à générations imbriquées pour analyser les effets d’une relance budgétaire mise en oeuvre dans une union monétaire par un gouvernement qui doit tenir compte de la nécessité de réduire ses dépenses publiques dans le futur conformément à une règle de...

We consider a firm, from a high-risk industry, facing two available technologies. One of the two technologies is ambiguous in the sense that its probability of accident lies in a interval of objective probabilities. The firm has the possibility to invest in seeking information in order to reduce...

Les critiques adressées à la théorie du capital humain prennent principalement la spécificité du marché du travail en compte. Doeringer et Piore (1971) ou Cain (1976), mettent notamment en évidence l’influence de la situation sur le marché du travail dans la détermination des salaires...

This paper investigates the effect of unemployment on earnings for ten European countries. Using an harmonised database (ECHP), we estimate the impact of declared unemployment on individuals while taking account of attrition and unobserved individual heterogeneity. We find that the unemployment...