This paper analyzes the demand and cost structure of the French market of academic journals. After merging several databases, we estimate an aggregated nested logit demand system combined simultaneously with a pricing equation, taking into account theevolution of impact factors of journals. We...

This paper argues that the internal organization of the firm and the growth process interact strongly to determine simultaneously the power of incentives within the firm and the growth rate. We show how agents within the firm can invest either by using their own human capital or by relying on...

This paper introduces asymmetric information in a pluralistic model of interest groups competition and analyzes its impact on policy biases. Lobbying groups are uninformed on a decision maker's preferences and use nonlinear contributions not only to compete for the agent's services but also to...