This report is part of a research project conducted by the University of Sherbrooke and the Center for Interuniversity Research and Analysis on Organizations (CIRANO). Its main purpose is to propose a framework agreement to govern the negotiation and conclusion of Product Listing Agreements...

We observe that a Pigovian climate policy need not exact full payment of the social cost of carbon upon emission to yield optimal incentives. Following this insight, we propose the creation of a carbon liabilities market to address climate change. Each period, countries would be made liable for...

Prior studies disagree regarding the effectiveness of financial literacy programs, especially those offered in the workplace. To explain such measurement differences in evaluation and outcomes, we employ a stochastic life cycle model with endogenous financial knowledge accumulation to...

We consider changes in the distribution of hourly compensation in Canada using confidential census data and the recent National Household Survey over the last three decades. We find that the coefficient of variation of wages among full-time workers has almost doubled between 1980 and 2010. The...

This paper extends the use of Rao (1982b)'s Quadratic Entropy (RQE) to modern portfolio theory. It argues that the RQE of a portfolio is a valid, exible and unifying approach to measuring portfolio diversification. The paper demonstrates that portfolio's RQE can encompass most existing measures,...

We provide an introductory review to the application of the theory of incentives under asymmetry of information to the exploitation and management of natural resources. We concentrate mostly on principalagent problems with adverse selection as posed by the regulation of nonrenewable resources,...

Non-financial disclosures are mainly discretionary and, consequently, environmental and social data about firms are incomplete and difficult to assess. In this report, we raise the issue of the quality of these data. A review of the literature first presents the broad range of conclusions...

Sous la direction de Benoit A. Aubert et Jean-Grégoire Bernard Les organisations, qu'elles soient privées ou publiques, locales ou globales, diversifiées ou non, fonctionnent dans des environnements constamment en évolution, ce qui rend cruciales l'analyse et la gestion des relations...

L'économie québécoise est soumise à des risques de nature économique, sociale et environnementale. On mentionne sans cesse que nos entreprises opèrent maintenant dans un environnement globalisé, plus concurrentiel que jamais. Ce document fait une analyse des risques globaux auxquels le...

(Sous la direction de Michel Poitevin) Impartition et sous-traitance apparaissent souvent comme des synonymes : pourtant, les deux termes recoupent des réalités distinctes. La sous-traitance renvoie aux modalités - économiques ou légales - de toute forme de délégation. L'impartition...