During the 80's, Microelectronical Systems (MEMS) have emerged as a new technological paradigm in the United States. From early one, some of Japanese private companies, who had already been engaged in a fierce technology race to develop semiconductors, decided to engage their R&D efforts in this...

L'objet de cet article est d'amnder le modele d'Ehrlich et Backer pour l'adapter aux problemes specifiques poses par les soins de sante en supposant que l'individu est a la fois averse aux risques de revenu et de sante. Nous derivons les proprietes d'une part de la demande de soins curatifs et...

In this paper, a spatial (circular) model is used to endogenously determine product locations and prices when consumers have an elastic (linear) demand with a finite reservation price. I show that a symmetric two-stage Bertrand-Nash equilibrium requires maximal product differentiation....

This paper adopts a normative approach to catastrophe insurance. It addresses the question of how innovations in the design of insurance contracts could help resolve the capacity gap in the provision of insurance against natural catastrophes. It extends previous research with the same approach...

This paper extends the influence-driven model of trade policy determination to include general equilibrium effets on the supply side resulting from labour-market interaction and intermediate goods. The model's predictions for the structure of protection are related to underlying taste and...

In this paper, we develop alternative models to price derivative securities when the underlying asset may be subject to jumps. These models allow for two kinds of jumps: scheduled jumps which are caused by information for which the disclosure data is known in advance (e.g. earnings...

Alors que la premiere vague d'interet sur les problemes environnementaux avait trait a la pollution dans les pays industrialises, la seconde vague s'est plus largement penchee sur les implications environnementales du commerce Nord-Sud. Dans une premiere partie, ce papier reprend les arguments...

In an endogenous tariff setting, the entry of foreign-owned capital has ambiguous effects on the level of protection. In the presence of trade-promoting and trade-neutral foreign capital, lobbying pressures for a higher tariff are lower whereas if foreign capital is trade-substituting,...

The paper reviews the evolution in insurance economics over the past 25 years, by first recalling the situation in 1973, then presenting the developments and new approaches which flourished since then. The paper argues that these developments were only possible because steady advances were made...