We consider an auction setting, in a symmetric information framework, in which bidders, even if they fail to obtain the good, care about the price paid by the winner. We prove that the outcome of the first-price auction is not affected by identity-independent price externalities, while the...

Suppression du caractère spécial de la responsabilité pénale des personnes-morales ; impact de la réforme dans le cadre des relations du travail

This analysis aims to get a step further in the understanding of the determining factors of social health inequalities, and to explore particularly the role played by parents’ social status and their vital status or age at death on the social health inequalities in adulthood among European...

Objective: Prospective assessment of informal caregiver (IC) burden 4 years after the traumatic brain injury of a relative. Setting: Longitudinal cohort study (metropolitan Paris, France). Participants: Home dwelling adults (N = 98) with initially severe traumatic brain injury and their primary...

The purpose of this paper is to explain why low-wage workers with identical qualifications to higher-wage workers are more exposed to unemployment. Each worker is considered to belong to a social group (defined according to his/her gender, age, and nationality). We assume that workers experience...

Given the importance of governance systems in companies and to all its partners, collective responsibility of the different governance devices has been highlighted. The role of the Board which can be viewed as a body of supreme control remains highly controversial in the in different...