Contract Theories and Franchising Franchising is an excellent field of application for contract theories. This paper aims at surveying the recent literature on franchise chains and contracts. It focuses on the choice of contractual terms (the « contractual design ») with an emphasis on...

This paper draws on the dynamic capabilities approach to explain the performance of franchised chains. This approach is a useful lens to understand why some chains are more likely to drive superior performance than others. Hence, using this theoretical lens, we explore why and how several...

We build a model of trade and location with two countries which differ with respect to their level of productivity. Public expenditures are shared between a subsidy to firms reducing the labor cost and another one to households. We show that the high-productivity country pays a lower net subsidy...

Il existe une littérature assez abondante sur l'ordre dans lequel une société devrait utiliser ses ressources au cours du temps. Ce que nous voudrions explorer c'est l'incidence d'un progrès technique spécifique, permettant d'économiser les quantités de ressources requises par unité de...

In the area of environmental analysis using hedonic price models, we investigate the performance of various nonparametric and semiparametric specifications. The proposed model specifications are made up of two parts: a linear component for house characteristics and a non-(semi)parametric...

This paper provides a general framework that accounts for the decay of the average contribution observed in most experiments on voluntary contributions to a public good. Each player balances her material utility loss from contributing with her psychological utility loss of deviating from her...

Andreoni (1995) showed that pure framing effects may influence contribution in Voluntary Contribution Mechanisms (VCM) by comparing a standard public goods game, called the positive frame condition (giving to the public good), with a negative frame condition (taking from the public good) where...

Nous analysons l’impact de deux politiques américaines sur la production et les échanges d’éthanol (biocarburants de première génération) et d’éthanol ligno-cellulosique (biocarburant de seconde génération) aux Etats-Unis et au Brésil ainsi que sur les émissions directes et...

This paper addresses the role of market remoteness in explaining maize price volatility in Burkina Faso. A model of price formation is introduced to demonstrate formally that transport costs between urban and rural markets exacerbate maize price volatility. Empirical support is provided to the...

Competitiveness has come to the forefront of the policy debate within the European Union, focusing on price competitiveness and intra-EU imbalances. But how to measure competitiveness properly, beyond price or cost competitiveness, remains an open methodological issue; and how can we explain the...