This paper analyzes optimal nonlinear pricing of a congestible network good. In contrast to the traditional efficiency-on-the-top result in the standard screening model, we show that the presence of a delay cost borne by users leads to upward distortions in consumption for the high-demand users.

Dans ce texte, nous étudions le rôle des organisations d'économie sociale dans le secteur de l'aide à domicile en Belgique. L'organisation des services d'aide à domicile pose en effet question dans un contexte marqué par l'évolution des besoins et des politiques publiques, ainsi que par...

This study undertakes a systematic experimental investigation of the relationship between market power and labor market structure (concentration and capacity conditions) when workers and employers preferentially match based on past worksite experiences. For each tested market structure, workers...

I analyze a market where there is a homogeneous good, which quality is chosen, and therefore known, by a single producer. Consumers do not know the quality of the good but they use their acquaintances in order to obtain information about it. Information transmission exhibits decay and consumers...

Increasing evidence shows that ICT investment improves firm performance. Among the many explanations on why ICT contributed to labor productivity surge since 1990, this is the most promising one. It is thus necessary to take the firm as an information processing organization, putting it in...

Agents are often better informed than the clients who hire them and may exploit this informational advantage. Real-estate agents, who know much more about the housing market than the typical homeowner, are one example. Because real estate agents receive only a small share of the incremental...

By allowing the initial prior over market size to be a mixture of distributions, this paper extends the model of irreversible investment under uncertainty proposed by Rob (1991). We find that capacity expansion fuels investors' optimism. It is shown in the paper that the crash is always preceded...

This paper analyzes optimal nonlinear pricing of a congestible network good. In contrast to the traditional efficiency-on-the-top result in the standard screening model, we show that the presence of a delay cost borne by users leads to upward distortions in consumption for the high-demand users.

This paper surveys recent studies of Internet auctions. Four main areas of research are summarized. First, economists have documented strategic bidding in these markets and attempted to understand why sniping, or bidding at the last second, occurs. Second, some researchers have measured...

Various approaches used in Agent-based Computational Economics (ACE) to model endogenously determined interactions between agents are discussed. This concerns models in which agents not only (learn how to) play some (market or other) game, but also (learn to) decide with whom to do that (or not).