This paper explores the interplay between politics and law enforcement in China and its effects on firm financing decisions. By examining a sample of corporate lawsuits involving listed firms in China, we find that politically connected firms are less likely to be defendants, have higher win rates, and experience shorter litigation durations than n...
International audience
In this paper we estimate the effects of the pandemic on Tunisian small and medium-sized enterprises (SMEs)and examine their adaptation processes during the first lockdown. Three simultaneous shocks are examinedemploying a Difference-in-Differences (DID) framework applied to the national firm census: the labor inputshock, the demand shock and the i...
Submarine cables enable international connectivity and are essential for high-speed internet access. This paper tests their potential to improve the affordability of internet access by supporting a price drop through cost savings or increased competition intensity. The empirical framework relies on a dataset that combines the capacity of submarine ...
We analyze the effects of consumer feedback on a credence goods market. We present a model inspired by Dulleck and Kerschbamer (2006) where consumers sequentially visit a monopolistic expert. Each consumer faces a problem which can be either minor or major. The expert performs a diagnosis that may or may not reveal the severity of the problem faced...
This paper examines differences in political attitudes between natives and immigrants in 23 European countries. Using six rounds of the European Social Survey (2010 -2020), we find that foreign-born immigrants exhibit similar levels of trust in political institutions as observationally similar natives but hold more positive views on redistribution,...
Although they usually manage to combine information to make well-informed decisions, groups also make mistakes. We investigate experimentally one source of sub-optimal decision-making by groups: the selective and asymmetric sharing of ego-relevant information within teams. We show that good news about one's performance is shared more often with tea...
We experimentally investigate how players with opposing views compete for influence through strategic targeting in networks. We varied the network structure, the relative influence of the opponent, and the heterogeneity of the nodes' initial opinions. Although most players adopted a best-response strategy based on their relative influence, we also ...
We reexamine a family of distributions in random utility models introduced by David Strauss, which generates ranking probabilities consistent with the exploded logit model, thus implying the multinomial logit model for the choice probabilities. We explore the necessary and sufficient conditions for its validity within copula theory, a robust analyt...
Cet article examine les effets économiques d'une augmentation de la durée des prêts immobiliers sur les ménages, en se concentrant sur le marché immobilier français. Il met en évidence les tendances du marché immobilier, les systèmes de prêt existants dans d'autres pays (tels que les prêts in fine en Suède et les prêts immobiliers japonais), l'état...
