Showing 551 - 560 of 616
Persistent link: https://www.econbiz.de/10008465337
We present GeoXp, an R package implementing interactive graphics for exploratory spatial data analysis. We use a data basis concerning public schools of the French Midi-Pyréenées region to illustrate the use of these exploratory techniques based on the coupling between a statistical graph and...
Persistent link: https://www.econbiz.de/10008465338
I show that cutting the flow of information between a principal and an agent can increase the power of the incentives of the agent to reveal private information.
Persistent link: https://www.econbiz.de/10008465339
Following the IPCC's report (2005), which recommended the development and the use of carbon capture and sequestration (CCS) technologies in order to achieve the environmental goals, defined by the Kyoto Protocol, the issue addressed in this paper concerns the optimal strategy regarding the...
Persistent link: https://www.econbiz.de/10008465340
I develop a model of reciprocal altruism which accounts for some evidence in contracting situations, which are paradoxical from the point of view of neoclassical contract theory with selfish actors. My model predicts the crowding-out effect, observed in the Trust Game with the possibility of a...
Persistent link: https://www.econbiz.de/10008465341
Persistent link: https://www.econbiz.de/10008465342
This paper analyzes the rationale for the submission of hidden limit orders, and compares opaque and transparent limit order books. In my sequential model, the limit order trader may be informed with some probability. Both informed and large uninformed liquidity suppliers submit hidden orders in...
Persistent link: https://www.econbiz.de/10008465343
We assess the political support for parametric reforms of the Pay-As-You-Go pension system following a downward fertility shock. Using a continuous time overlapping generations model, we argue that reforms that consist in cutting pension benefits or increasing the retirement age are likely to...
Persistent link: https://www.econbiz.de/10008465344
We consider competition among sellers when each of them sells a portfolio of distinct products to a buyer having limited slots. We study how bundling affects competition for slots. Under independent pricing, equilibrium often does not exist and hence the outcome is often inefficient. When...
Persistent link: https://www.econbiz.de/10008465345
This paper reexamines the question of how to explain business cycle co-movements within and between countries. First, we present two simple theoretically flexible price models to illustrate how and why news shocks can generate robust positive co-movements in economic activity across countries....
Persistent link: https://www.econbiz.de/10008465346