This paper provides a theoretical foundation which supports the degressive proportionality principle in apportionment problems. The core of the argument is that each individual derives utility from the fact that the collective decision matches her own will with some frequency, with marginal...

If a game has a unique Nash equilibrium, then this equilibrium is arguably the solution of the game from the refinement's literature point of view. However, it might be that for almost all initial conditions, all strategies in the support of this equilibrium are eliminated by the replicator...

In this paper, we examine how categorization is resisted. We analyze the way actors draw on cultural repertoires to resist or adapt to changes that will potentially alter the definition and nature of the markets in which they compete. We approach this question through a qualitative study of the...

La messagerie électronique constitue un outil de travail collectif de plus en plus utilisé dans les échanges au sein des équipes de travail, en particulier au sein d'équipes projet. Quelles sont les modalités d'usage de cet outil ? En quoi vient-il modifier les pratiques professionnelles...

In this paper we make use of several multivariate GARCH models (CCC-, DCC-, BEKK-, diagonal BEKK-, and VAR-GARCH) to investigate both return and volatility spillovers between world gold prices and stock market in China over the period from March 22, 2004 through March 31, 2011. We also analyze...

This paper aims to advance in the knowledge of the economic impacts of ISO 50001 certification on firms' performance. The study hypothesizes that ISO 50001 is associated with improvements in market value of firms. We employ, on one hand, event study methodology for a sample of 40 companies...

The objective of this paper is to develop a version of the MIRAGE model with household heterogeneity and a public agent, to better analyze the impact of trade liberalization and other trade reforms on real income and welfare at the household level In a first step, the model disaggregates the...

In this note, we cast a Hawkes process-based order book model into a markovian setting and; using techniques from the theory of Markov chains and stochastic stability, show that the order book is stable and leads to a diffusive price limit at large time scales.

This paper studies multilateral cooperation networks among organizations and work on a two-mode representation to study the decision to participate in a consortium. Our objective is to explain the underlying processes that give rise to multilateral collaboration networks. Particularly, we are...

This article investigates the impact that prevailing investor demand for dividend payers and financial firm's characteristics have on the probability of starting or continuing to pay dividends. To test this prediction, we use probit regressions on panel data. The major finding that emerges from...