An important issue in personnel economics is the design of efficient job allocation rules. Firms often use promotions both to sort workers across jobs and to provide them with incentives. However, the Peter Principle states that employees' output tends to fall after a promotion. Lazear (2004)...

Regulating financial OTC markets.

Présentation des travaux de Mats Alvesson

In this paper, we examine the process of risk commodification involved in the creation of a market for weather derivatives in Europe. We approach this issue through an in-depth qualitative study in which we focus on the commensuration process by which promoters try to draw weather risk into the...

La quête de l'amélioration de la qualité et de la sécurité des soins est une préoccupation majeure pour les organisations de santé. la qualité et la sécurité des soins dépendent principalement des pratiques concrètes de soin exercées par les personnels soignants. Dans cet article,...

La gestion des déchets d'emballages ménagers connaît des évolutions profondes depuis 1991 en Allemagne et 1992 en France. Dans les deux pays, c'est un organisme mis en place par les industriels qui finance la collecte sélective des déchets grâce à une contribution perçue sur les...

Présentation de l'oeuvre de DiMaggio et Powell

Groundwater management policies will need to be revised in many Mediterranean countries, in light of the impact of climate change and the increasing demand for water. In this paper, we analyze stakeholder perceptions of three groundwater policy scenarios which respectively assume a strengthening...

Socially responsible firms are expected by European regulators to create shared value for their shareholders, their stakeholders and society. Yet how to generate profits while providing public good is still academically debated. This paper argues that corporate social responsibility encompasses...

We propose a model for the dynamics of a limit order book in a liquid market where buy and sell orders are submitted at high frequency. We derive a functional central limit theorem for the joint dynamics of the bid and ask queues and show that, when the frequency of order arrivals is large, the...