Showing 1 - 10 of 64
Judgment (or logical) aggregation theory is logically more powerful than social choice theory and has been put to use to recover some classic results of this field. Whether it could also enrich it with genuinely new results is still controversial. To support a positive answer, we prove a social...
Persistent link: https://www.econbiz.de/10010501384
We study how managers respond to hurricane events when their firms are located in the neighborhood of the disaster area. We find that the sudden shock to the perceived liquidity risk leads managers to increase corporate cash holdings and to express more concerns about hurricane risk in...
Persistent link: https://www.econbiz.de/10010391950
In incentive-alignment choice experiments, each decision is realized with some prob- ability prob 1. Incentive alignment induces truth telling, i.e., respondents do not consciously lie, given the information they have processed. However, based on the psychological distance literature and the...
Persistent link: https://www.econbiz.de/10011551349
We propose a task for eliciting attitudes towards risk that is close to real world risky decisions which typically involve gains and losses. The task consists of accepting or rejecting gambles that provide a gain with probability p and a loss with probability 1 − p. We employ finite mixture...
Persistent link: https://www.econbiz.de/10010499766
French Abstract: Cet article analyse le lien entre les élections et la corruption. A la différence des approches antérieures sur les pays en développement, de manière générale, et les pays africains, en particulier, nous avons intégré une nouvelle variable de contrôle, à savoir : «...
Persistent link: https://www.econbiz.de/10012826719
French Abstract: Nous discutons de quelques développements récents en économie expérimentale sur la relation entre la loi et les normes sociales dans la détermination des comportements. Dans l'approche traditionnelle de l'analyse économique du droit, l'effectivité des lois repose...
Persistent link: https://www.econbiz.de/10013022131
Several online market sites, such as eBay, have implemented reputation management mechanisms in order to improve cooperation. In this article, we aim at investigating the emergence of trust and cooperation in presence of reputation mechanism. In a series of experiments based on the trust game...
Persistent link: https://www.econbiz.de/10005771918
Partant du constat que des préférences sociales très différentes peuvent conduire, assez paradoxalement, à des comportements assez similaires en jeu d’ultimatum, ce papier a pour ambition de proposer une méthode d’identification de ces préférences. Nous proposons une modélisation...
Persistent link: https://www.econbiz.de/10008518354
Ce travail documente l'augmentation des prix des terrains à  bâtir en France sur une période de vingt-cinq ans. Nous estimons sur un échantillon national une fonction de prix foncier tenant compte de la croissance urbaine. Nous considérons une relation concave entre le prix des terrains et...
Persistent link: https://www.econbiz.de/10008494246
The explanation of social inequalities in education is still a debated issue in economics. Recent empirical studies tend to downplay the potential role of credit constraint. This article tests a different potential explanation of social inequalities in education, specifically that social...
Persistent link: https://www.econbiz.de/10005100555