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Publication du Mois
Michel Grabisch, Benjamin Monet, Vassili Vergopoulos (2022), “Subjective Expected Utility Through Stochastic Independence”, Economic Theory, In press
Abstract : This paper studies decision-making in the face of two stochastically independent sources of uncertainty. It characterizes axiomatically a Subjective Expected Utility representation of preferences where subjective beliefs consist of a product probability measure. The two key axioms in this characterization both involve some behavioral notions of stochastic independence. Our result can be understood as a purely subjective version of the Anscombe and Aumann (1963) theorem that avoids the controversial use of exogenous probabilities by appealing to stochastic independence. We also obtain an extension to Choquet Expected Utility representations.
DOI : 10.1007/s00199-022-01476-8
Dépôt HAL : halshs-03901731
Précédentes publications du mois
Florian Bonnet, Hippolyte D’albis, Josselin Thuilliez (2023), “Mortality inequalities in France since the 1920s: Evidence of a reversal of the income gradient in mortality”, PLoS ONE, 2023, 18 (1): e0280272.
DOI: 10.1371/journal.pone.0280272
Dépôt HAL: halshs-03947436
François Facchini, Mickael Melki (2023), “Economic shocks and democratic consolidation: Historical evidence from party-level electoral volatility in France”, Electoral Studies, 2023, 83: 102616.
DOI: 10.1016/j.electstud.2023.102616
Dépôt HAL: hal-04067003
Philippe Bich, Mariya Teteryatnikova (2023), “On perfect pairwise stable networks”, Journal of Economic Theory, 2023, 207: 105577.
DOI: 10.1016/j.jet.2022.105577
Dépôt HAL: hal-03969621
Gedeão Locks, Josselin Thuilliez (2023), “The impact of minimum income on homelessness: Evidence from France”, Journal of Urban Economics, 2023, 135: 103547.
DOI: 10.1016/j.jue.2023.103547
Dépôt HAL: halshs-04033734
Philippe Bergault, Fayçal Drissi, Olivier Guéant (2022), “Multi-asset Optimal Execution and Statistical Arbitrage Strategies under Ornstein–Uhlenbeck Dynamics”, SIAM Journal on Financial Mathematics, 2022, 13 (1): 353-390.
DOI: 10.1137/21M1407756
Dépôt HAL: hal-03680071
Morgane Laouénan, Roland Rathelot (2022), “Can Information Reduce Ethnic Discrimination? Evidence from Airbnb”, American Economic Journal: Applied Economics, 2022, 14 (1): 107-132.
DOI: 10.1257/app.20190188
Dépôt HAL: hal-03930675
Charroin Liza, Fortin Bernard, Villeval Marie Claire (2022), “Peer effects, self-selection and dishonesty”, Journal of Economic Behavior and Organization, 2022, 200, p.618-637
DOI : 10.1016/j.jebo.2022.06.024
Dépôt HAL : hal-03712450
Laurine Martinoty (2022), “Partner’s income shock and female labor supply. Evidence from the repeal of Argentina’s convertibility law”, World Development, 2022, 159: 106039.
DOI: 10.1016/j.worlddev.2022.106039
Dépôt HAL: hal-03767916
Cléo Chassonnery-Zaïgouche, Annie L. Cot (2021), “Sentiment and Prejudice: Francis Ysidro Edgeworth on Women’s Wages”, History of Political Economy, 2021, 53 (5): 799–832
Dépôt HAL: hal-03659322
Martin Rouy, Vincent de Gardelle, Gabriel Reyes, Jérôme Sackur, Jean Christophe Vergnaud, et al.. (2022), “Metacognitive improvement: Disentangling adaptive training from experimental confounds”, Journal of Experimental Psychology: General, American Psychological Association, 2022, 151(9): 2083–2091.
DOI: 10.1037/xge0001185
Dépôt HAL: hal-03581013
Dietrich Franz (2021), “Fully Bayesian Aggregation”, Journal of Economic Theory, 194, 105255 (online June 2021, in press).
Funding: The research was supported by the French National Research Agency through three grants (CHOp ANR-17-CE26-0003, FRAL ANR-16-FRAL-0010, PGSE ANR-17-EURE-0001).
DOI: 10.1016/j.jet.2021.105255
Dépôt HAL: hal-03194928
Claudine Desrieux, Sophie Bienenstock (2022), “Abusive contract terms: is the unconscionability doctrine deterrent?”, European Journal of Law and Economics, Springer Verlag, 2022, 54: 187-216.
DOI: 10.1007/s10657-022-09731-y
Dépôt HAL: hal-03222218
Antoine Mandel, Vipin Veetil (2021), “Monetary dynamics in a network economy”, Journal of Economic Dynamics and Control, Elsevier, 2021, 125: 104084.
Funding: Antoine Mandel acknowledges the support of the EU H2020 programme through grant agreements ITN EXSIDE 721846, ITN EPOC 956107, and TIPPING+ 884565.
DOI: 10.1016/j.jedc.2021.104084
Dépôt HAL: halshs-03165773
Harrigan James, Reshef Ariell, Toubal Farid (2021), “The March of the Techies: Job Polarization Within and Between Firms”, Research Policy, 2021, 50(7): 104008.
Funding: ANR: ANR-10-EQPX-0017, ANR-16-CE26-0001, ANR-17-EURE-0001
DOI: 10.1016/j.respol.2020.104008
Dépôt HAL: halshs-02973332
Abi Jaber Eduardo, Miller Enzo, Pham Huyen (2021), “Integral Operator Riccati Equations Arising in Stochastic Volterra Control Problems”, SIAM Journal on Control and Optimization, 2021, 59(2): 1581-1603.
DOI: 10.1137/19M1298287
Dépôt HAL: hal-03264893
Chauvet Lisa, Ferry Marin (2021), “Taxation, infrastructure, and firm performance in developing countries”, Public Choice, 2021, 187: 455-480.
DOI: 10.1007/s11127-020-00788-4
Dépôt HAL: halshs-03231532
Jacquemet Nicolas, Luchini Stéphane, Malézieux Antoine (2021), “Does voting on tax fund destination imply a direct democracy effect?”, International Review of Law and Economics, 2021, 67: 106003.
Funding: ANR: ANR-10-LABX-0093, ANR-17-EURE-0001
DOI: 10.1016/j.irle.2021.106003
Dépôt HAL: halshs-03277339
Allain Olivier (2021), “A supermultiplier model of the natural rate of growth”, Metroeconomica, 2021, 72 (3): 612-634.
DOI: 10.1111/meca.12336
Dépôt HAL: hal-03218410
Fleurbaey Marc, Zuber Stéphane (2021), “Fair Utilitarianism”, American Economic Journal: Microeconomics, 2021, 13(2): 370-401.
Funding: ANR: ANR-16-CE03-0001, ANR-17-EURE-0001
DOI: 10.1257/mic.20170234
Dépôt HAL: halshs-01441070
Porcher Simon, Renault Thomas (2021), “Social distancing beliefs and human mobility: Evidence from Twitter”, PLoS ONE, 2021, 16(3): e0246949.
DOI: 10.1371/journal.pone.0246949
Dépôt HAL: hal-03205158
Bergault Philippe, Guéant Olivier (2021), “Size matters for OTC market makers: General results and dimensionality reduction techniques”, Mathematical Finance, 31(1): 279-322.
DOI: 10.1111/mafi.12286
Dépôt HAL: hal-03252557
Bas Maria, Paunov Caroline (2021), “Disentangling trade reform impacts on firm market and production decisions”, European Economic Review, 2021, 135: 103726.
DOI: 10.1016/j.euroecorev.2021.103726
Dépôt HAL: hal-03211401
Bazillier Rémi, Héricourt Jérôme, Ligonnière Samuel (2021), “Structure of income inequality and household leverage: Cross-country causal evidence”, European Economic Review, 2021, 132: 103629.
DOI: 10.1016/j.euroecorev.2020.103629
Dépôt HAL: halshs-03099741
Couix Quentin (2021), “Models as ‘analytical similes’: on Nicholas Georgescu-Roegen’s contribution to economic methodology”, Journal of Economic Methodology, 2021, 28(2): 165-185.
DOI: 10.1080/1350178X.2021.1880614
Dépôt HAL: hal-03226589
Faivre Nathan, Roger Matthieu, Pereira Michael, De Gardelle Vincent, Vergnaud Jean-Christophe, Passerieux Christine, Roux Paul (2021), “Confidence in visual motion discrimination is preserved in individuals with schizophrenia”, Journal of Psychiatry and Neuroscience, 2021, 46(1): E65-E73.
Funding: EU: MetAction – ERC-2018-STG
DOI: 10.1503/jpn.200022
Dépôt HAL: hal-02948760
Bas Sinem, Bich Philippe, Chateauneuf Alain (2020), “Multidimensional inequalities and generalized quantile functions”, Economic Theory, 2021, 71: 375–409.
Funding: ORDINEQ – ANR-16-CE41-0005
DOI: 10.1007/s00199-020-01253-5
Dépôt HAL: halshs-03029860
Maurel Mathilde, Pernet Thomas, (2020) “New evidence on the soft budget constraint: Chinese environmental policy effectiveness in SOE-dominated cities”, Public Choice, 2021, 187 (1-2): 111-142
Funding: This paper forms part of the research project ”The Multiple dimensions of Inequality” (Contract No. ANR 2010 BLANC 1808) of the French National Agency for Research, whose financial support is gratefully acknowledged.
DOI: 10.1007/s11127-020-00834-1
Dépôt HAL: hal-02919936
