[eng] Six models are estimated, incorporating three possible explanatory factors for non-employment which may be substitutable or complementary. They are the weakness of financial incentives, lower productivity than the cost of the minimum wage and labour market shortcomings. The study of...

Uncertainty pervades most aspects of life. From selecting a new technology to choosing a career, decision makers rarely know in advance the exact outcomes of their decisions. Whereas the consequences of decisions in standard decision theory are explicitly described (the decision from description...

In this paper we examine empirically the market for local amenities in the Paris metropolitan region. We find first that there is considerable inequality in the spatial distribution of these local amenities, including accessibility, environmental and social indicators. We use a spatial...

Nous estimons 6 modèles où interviennent d’une manière tantôt substituable tantôt complémentaire trois facteurs de non-emploi : la faiblesse des incitations financières, une productivité inférieure au coût du Smic et des dysfonctionnements du marché du travail. L’étude du...

In this paper we examine empirically the market for local amenities in the Paris metropolitan region. We find first that there is considerable inequality in the spatial distribution of these local amenities, including accessibility, environmental and social indicators. We use a spatial...

This paper reports results of an experiment designed to analyze the link between risky decisions made by couples, and risky decisions made separately by each spouse. We estimate both the individuals and the couples’ degrees of risk aversion, and we analyze how the risk preferences of the two...

In this paper, we investigate whether educational inequalities stem rather from differences between families or within families. In a poor economy, schooling is costly for parents and education is likely to be unequally distributed among siblings. Drawing on discrete ordered choice models, we...

We discuss how the standard Cost-Benefit Analysis should be modified in order to take risk (and uncertainty) into account. We propose different approaches used in finance (Value at Risk, Conditional Value at Risk, Downside Risk Measures, and Efficiency Ratio) as useful tools to model the impact...