We investigate whether experimental participants follow their private information and contradict herds in situations where it is empirically optimal to do so. We consider two sequences of players, an observed and an unobserved sequence. Observed players sequentially predict which of two options...

We investigate whether experimental participants follow their private information and contradict herds in situations where it is empirically optimal to do so. We consider two sequences of players, an observed and an unobserved sequence. Observed players sequentially predict which of two options...

The payoff of actions is estimated and the resulting empirical payoff is controlled for in regression analyses to formulate a test of rational expectations in information cascade experiments. We show that the empirical payoff of actions is a function of estimates of choice probabilities and...

Dans un contexte de croissance des disparités sociales et spatiales, la question de l'accessibilité de tous à la ville et à ses services est posée, notamment pour les personnes à faible revenu. L'objectif de notre recherche est donc de tester en quoi le système de transport, et notamment...

The accumulation, organization and application of knowledge form the core of modern management.

In this paper we study the stability (in the L p as well as for the almost sure convergence sense) of the optimal investment-consumption strategy with respect to the choice of the utility function.

This paper examines the consequences of various attitudes towards climate damages through a family of stochastic optimal control models (RESPONSE): cost-efficiency for a given temperature ceiling; cost-benefit analysis with a "pure preference for current climate regime" and full cost-benefit...

Actes du colloque consacré à l'analyse des interrelations entre les transports et la forme urbaine. Le thème central est ici l'étalement urbain et les problèmes qu'il induit.A l'heure où les pouvoirs publics cherchent par tous les moyens à freiner l'augmentation de leurs dépenses, il est...

Background: The impact of compliance to clinical practice guidelines (CPG) on outcomes and/or costs of care has not been completely clarified.Objective: To estimate relationships between medical expenditures and compliance to CPG for initial sarcoma treatment.Research design: Selected cohorts of...

En el presente trabajo se pretende hacer un estudio de qué impacto ha tenido la última crisis argentina en la inversión de Repsol-YPF en ese país. Para ello partimos de la hipótesis de que el impacto de la crisis no ha sido tan fuerte como se esperaba debido a que el gobierno ha tomado...