We first show in the context of sequential multi-unit auctions under complete information that a seller’s revenue may increase or decrease as the number of buyers increases, even when the additional bidders win an object. We use data from the Quebec daily hog auction to empirically analyze the...

The State may tax the extraction of a public natural resource in different ways. I consider the relative performances of a fixed fee, an ad valorem tax and a rent tax when the State must receive a minimal revenue for exploitation to take place. Taxing the resource may lower the probability that...

This paper considers a trade situation where the production activities of potentially heterogeneous countries generate pollution which can cross borders and harm the well-being of all the countries involved. In each of those countries the policy market levies pollution taxes on the polluting...

Ce texte présente une esquisse des éléments que devrait inclure une analyse coûts-bénéfices de la pertinence de développer la filière de l'extraction du gaz de shale au Québec.

There is a wide consensus among international institutions and national governments in favor of compact (i.e. densely populated) cities as a way to improve the ecological performance of the transport system. Indeed, when both the intercity and intra-urban distributions of activities are given, a...

In this paper, we are interested in how a pharmaceutical industry manages existing antibiotic drugs in the context of bacterial resistance. We consider a model based on an epidemiological framework where antibiotic recovery rates, and thus intrinsic qualities, may differ. Antibiotic efficacy is...

This paper empirically investigates the implications of the imposition of convexity in output prices and concavity in factor endowments on flexible functional forms for the GNP function. Using macroeconomic data for Switzerland, we estimate the Translog and the Symmetric Normalized Quadratic...

Après les débats enflammés des années trente, la tarification de l’électricité a occupé peu de place dans ceux portant sur la nationalisation de l’électricité en 1962. La raison principale de cette absence est que le cadre réglementaire élaboré lors de la création de la...

This article analyses management of hydropower dams within monopolistic and oligopolistic competition and when hydroelectricity producers are risk averse and face demand uncertainty. In each type of market structure we analytically determine the water release path in closed-loop equilibrium. We...

Les changements climatiques provoqueront des modifications des conditions de la production agricole qui devraient se traduire par des impacts sur les rendements et les coûts de production des agriculteurs québécois. Ainsi, la position concurrentielle du Québec pourrait se trouver modifiée...