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In the wake of the Copenhagen Conference and the outstanding issue of shaping climate change mitigation for the period beyond that covered by the Kyoto protocol, this paper puts into context the various economic instruments available fot tackling climate change, and highlights the emergence, as...
Persistent link: https://www.econbiz.de/10010708938
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Motivated by a mean field games stylized model for the choice of technologies (with externalities and economy of scale), we consider the associated optimization problem and prove an existence result. To complement the theoretical result, we introduce a monotonic algorithm to find the mean field...
Persistent link: https://www.econbiz.de/10010708940
We discuss the existence and the qualitative properties of equilibria when agents have multiple priors and there is only one good in each state of the world. We first prove a general existence result in infinite dimension economies. We then fully describe the equilibria in two special cases. We...
Persistent link: https://www.econbiz.de/10010708941
We develop a "welfarist" model in which the collective demand for health insurance is mainly explained by a solvability motive : health insurance does not have for principal function to treat the risk aversion of solvent agents but to make it possible to individuals who are too poor to assume...
Persistent link: https://www.econbiz.de/10010708942
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Relationship marketing makes an implicit assumption : customers are committed. This commitment is based on the existing trust between the customer and the service provider. However, customers may reject commitment, because of psychological reactance, without any loss of trust. This article...
Persistent link: https://www.econbiz.de/10010708945
The paper presents a comprehensive analysis of the perception of the Enron collapse by certain students at the French business school "INT Management". Cognitive mapping illustrates the assimilation of the issue by students with regard to their own culture and values. The conclusions of this...
Persistent link: https://www.econbiz.de/10010708946
Persistent link: https://www.econbiz.de/10010708947