The purpose of this paper is to study the prevention impact upon the economic dynamics. We use an overlapping-generations model with production in which we have introduced a financial loss for households. This risk is endogenous and depends on the individual prevention levels. The dynamic paths...

L'article discute de la sante de l'economie normative en distinguant les differentes conceptions repandues a cet egard parme les economistes, conceptions qu'il s'efforce de rattacher a leurs sources philosophiques -essentiellement, le positivisme dnas ses multiples versions et la philosophie...

This paper analyzes the impact of competition among downstream firms on an upstream firm's payoff and on its incentives to vertically integrate when firms on both segments negotiate optimal contracts. The author argues that tougher competiton decreases the downstream industry profit, but...

Cet article propose un examen des effets de la mondialisation sur la volatilite macroeconomique des pays occidentaux, dans le care d'un modele stochastique d'equilibre general dynamique a deux pays et deux biens. Ces pays se distinguent essentiellement par les proportions de travailleurs...

Central to an understanding of how foreign exchange markets work is the nature of the expectations formation process. Of particular interest are the potentially stabilising of destabilising nature of these expectations. In this paper we use a unique disaggregate expectations data base to model...

This paper extends research in dynamic traffic modeling using METROPOLIS, a dynamic simulation tool. We briefly present an overview of the original departure time choice model introduces by W. Vickrey (1969) for a single O-D pair. Using this framework for our analysis, we explore how the...

We show that optimal delegated portfolio management contracts-which serve to screen out uninformed agents and reward potentially informed agents sufficiently to compensate their opportunity and/or effort costs-need not imply churning, or randomised trading if uninformed, by the able screened...

Focusing on the issue of food safety, the authors consider a framework of repeated purchases where adverse selection from imperfect information on product quality exists. Countries are characterized by their unequal ability to control quality.

L'auteur etudie un probleme de revelation des priferences pour la qualite d'un service public avec exclusion et de controle de cette qualite dans le cadre d'une relation principal-agent. Le principal ne connait pas les preferences des usagers en matiere de qualite. Par ailleurs, il ne peut...

L'objectif de cette etude est d'analyser les accidents routiers des vehicules commerciaux motorises (entreprises de transport par camions et par autobus). Nous voulons particulierement verifier comment les activites de prevention routiere des proprietaires et des conducteurs affectent les taux...