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On Political Regime Changes in Arab Countries

Boucekkine, Raouf; Prieur, Fabien; Puzon, Klarizze - HAL - 2014

We develop a dynamic game to provide with a theory of Arab spring-type events. We consider two interacting groups, the elite vs the citizens, two political regimes, dictatorship vs a freer regime, the possibility to switch from the first to the second regime as a consequence of a revolution, and...

Persistent link: https://www.econbiz.de/10010933882

Access to water as a determinant of rental values: A hedonic analysis in Rwanda

Choumert, Johanna; STAGE, Jesper; UWERA, Claudine - HAL - 2014

In this paper, we study the determinants of rental values in urban housing markets in Kigali, Rwanda. In particular, we study the value of access to piped water; due to the high costs associated with installing new piped connections, renting a property with an existing connection is often the...

Persistent link: https://www.econbiz.de/10010821123

The Impact of Lease Structures on the Optimal Holding Period for a Commercial Real Estate Portfolio

Amédée-Manesme, Charles-Olivier; Baroni, Michel; … - HAL - 2014

Purpose The purpose of this paper is to exhibit the impacts of lease duration and lease break options on the optimal holding period for a real estate asset or portfolio Methodology / approach We use a Monte Carlo simulation framework to simulate a real estate assets cash-flows in which lease...

Persistent link: https://www.econbiz.de/10010933143

An Agent-Based Simulation of Rental Housing Markets

Breen, John Mc; Goffette-Nagot, Florence; Jensen, Pablo - HAL - 2009

We simulate a closed rental housing market with search and matching frictions, in which both landlord and tenant agents are imperfectly informed. Homogeneous landlords set rents to maximise revenue, using information on the market to estimate the relationship between posted rent and...

Persistent link: https://www.econbiz.de/10008792369

Introducing performance indicators in the French Public Transport. An approach by the Agency Theory

Moudjed, Mounia - HAL - 2007

The public utilities are an interesting testing ground to understand the relation and asymmetry of information between an agent and his principle. The normative theory of agency and the positive theory of agency represent theory sphere of the contractual relation and the incentive and...

Persistent link: https://www.econbiz.de/10008789113

North / South Contractual Design through the REDD+ Scheme

Chiroleu-Assouline, Mireille; Poudou, Jean-Christophe; … - HAL - 2012

compare two types of contracts : a deforestation performance-based contract and a conditional avoided deforestation …-based contract. Because of the implementation and transaction costs, each kind of REDD+ contract implies a dramatically different … information rent / efficiency trade-off. If the contract is performance-based (resp. conditionality-based), information rents are …

Persistent link: https://www.econbiz.de/10010635034

Gazprom's export strategies under the institutional constraint of the Russian gas market

Locatelli, Catherine - HAL - 2008

Russia and its main gas company Gazprom, essential suppliers for the European gas market, are today at the centre of the debate surrounding the security of the European Union's gas supply. A variety of factors have focussed interest on the question of Gazprom's industrial strategies and more...

Persistent link: https://www.econbiz.de/10008792407

Contract  Dynamics :  Lessons  from  Empirical  Analyses

Chaudey, Magali - HAL - 2010

1980s. In such a dynamic context, the contract may take place over several periods and develop repeated interactions. Then …, the principal topics of the analysis are commitment, reputation, memory and the renegotiation of the contract. Few papers … have tried to apply the predictions of dynamic contract theory to data. The examples of applications introduced in this …

Persistent link: https://www.econbiz.de/10008792681

A Rational Irrational Man?

Harin, Alexander - HAL - 2006

is the generalization of a breach of a term of contract. …

Persistent link: https://www.econbiz.de/10008794157