Search Results - "Drèze, Jacques H."

Arrow’s theorem of the deductible and long-term care insurance by Drèze, Jacques H., Pestieau, Pierre, Schokkaert, Erik

“…Long-term care (LTC) needs are expected to increase in the next decades. This calls for more involvement of the market that today covers less than 10% of these…”
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Monetary Equilibria over an Infinite Horizon by Bloise, Gaetano, Drèze, Jacques H., Polemarchakis, Herakles M.

“…Money provides liquidity services through a cash-in-advance constraint. The exchange of commodities and assets extends over an infinite horizon under…”
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Rational Expectations in Games by Aumann, Robert J., Dreze, Jacques H.

“…A player i's actions in a game are determined by her beliefs about other players; these depend on the game's real-life context, not only its formal…”
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Arrow's theorem of the deductible: Moral hazard and stop-loss in health insurance by Drèze, Jacques H., Schokkaert, Erik

“…The logic of Arrow's theorem of the deductible, i.e. that it is optimal to focus insurance coverage on the states with largest expenditures, remains at work in…”
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Subjective expected utility with state-dependent but action/observation-independent preferences by Drèze, Jacques H

“…Under state-dependent preferences, probabilities and units of scale of state-dependent utilities are not separately identified. In standard models, only their…”
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Economic and social security: The role of the EU by Dreze, Jacques H

“…The issue of growing inequality of labor incomes in the EU is addressed. It is observed that through higher unemployment at downward rigid wages, the market…”
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Imperfect competition à la Negishi, also with fixed costs by Dehez, Pierre, Drèze, Jacques H., Suzuki, Takashi

“…The paper studies equilibria for economies with imperfect competition and non-convex technologies. Following Negishi, firms maximise profits under…”
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Walras—Keynes equilibria coordination and macroeconomics by Dreze, Jacques H

“…In decentralised market economies, supply-constrained equilibria may persist as coordination failures, sustained but not caused by price rigidities. This…”
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Research and higher education in economics: Can we deliver the Lisbon objectives? by Drèze, Jacques H., Estevan, Fernanda

“…Can European economics become "the most dynamic and competitive in the world"? Using readily accessible data, this paper documents the following aspects, (i)…”
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Forty Years of Public Economics: A Personal Perspective by Dreze, Jacques H

“…This paper presents a personal perspective on the field of public economics with emphasis on the interplay of theory and applications. In the early 1950s,…”
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Nested identification of subjective probabilities by Dreze, Jacques H

“…The theory of games against nature relies on complete preferences among all conceivable acts (case 1). Aumann and Drèze (Am Econ J Microecon 1(1):116,(2009)…”
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“Almost” subsidy-free spatial pricing in a multi-dimensional setting by Drèze, Jacques, Le Breton, Michel, Savvateev, Alexei, Weber, Shlomo

“…Consider a population of citizens uniformly spread over the entire plane. The population faces a problem of locating public facilities financed by its users,…”
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Fiscal Integration and Growth Stimulation in Europe by Drèze, Jacques H., Durré, Alain, Carpantier, Jean-François

“…With the current sovereign debt crisis, the incompleteness of economic integration in the Economic and Monetary Union (EMU) has become patent, leading to an…”
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Production and Financial Policies under Asymmetric Information by Drèze, Jacques H., Minelli, Enrico, Tirelli, Mario

“…We propose an extension of the standard general equilibrium model with production and incomplete markets to situations in which (i) private investors have…”
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Moral hazard and conditional preferences by Drèze, Jacques H., Rustichini, Aldo

“…Conditional Expected Utility Theory (CEUT) provides an axiomatic foundation for a theory of decision under uncertainty which allows agents to choose which…”
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Sequentially complete markets remain incomplete by Drèze, Jacques H., Herings, P. Jean-Jacques

“…We show by means of an example that the result of Arrow [Arrow, K.J. (1953), Le rôle des valeurs boursières pour la répartition la meilleure des risques,…”
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Public Economics, Public Projects, and their Funding by Jacques H. Drèze

“…This paper illustrates the contribution of public economics to the analysis of public projects. The illustrations pertain to peak-load pricing (electricity)…”
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Rawlsian pricing of access to public facilities: A unidimensional illustration by Drèze, Jacques, Le Breton, Michel, Weber, Shlomo

“…We consider a setting where citizens using a public facility face an idiosyncratic private access cost and must also contribute to the costs of facility. We…”
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Prospective Aid and Indebtedness Relief: A Proposal by berlage, Lodewijk, cassimon, Danny, dreze, Jacques, Reding, Paul

“…Primary needs of human development are not met in poor developing countries. Although ambitious goals have been set by the international community to meet…”
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Can Federal Grants Mitigate Social Competition? by Drèze, Jacques H., Figuieres, Charles, Hindriks, Jean

“…The European economic integration leads to increasing mobility of factors, thereby threatening the stability of social transfer programs. This article…”
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