The purpose of this article is to establish a typology of the major business models developed in the motion pictures industry between 1895 and 1914. After a relatively short period dominated by business models built on the exclusive possession of a technical system, the industry was organized...

While many studies have been devoted to capital accumulation and rate of profit, the article empirically characterises the financialization at the level of firms' liability, i.e. at the level of debt and equity. In particular, the determinants of non financial firms' indebtedness and equity...

This paper examines the institutional and economic factors determining success and failure of global retailers abroad through the trajectories of Wal-Mart and Carrefour. Three kinds of explanations are considered : the time and modalities of entry and development, the factors that allow the...

Depuis l'avènement de la crise financière de 1997-98, le développement des marchés obligataires d'Asie est au centre d'intérêt des pouvoirs publics. Cet effort reflète la vision dominante mettant récemment l'accent sur l'importance des marchés obligataires domestiques dans la...

La récurrence récente des épisodes de crises bancaires dans les pays émergents a suscité une abondante littérature. Les analyses les plus répandues tendent à négliger le rôle des institutions dans l'explication des épisodes d'instabilité financière dans des régions comme...

This paper analyses the consequences of young researchers' scientifc choice on the dynamics of sciences. We develop a simple two state mean field game model to analyze the competition between two paradigms based on Kuhn's theory of scientifc revolutions. At the beginning of their career, young...

The paper investigates the impact of ownership concentration on GDP growth, for a sample of 18 OECD countries over the period 1980 to 2004. The econometric analysis shows that more concentrated ownership can speed up growth, for countries approaching the technological frontier, provided that...

This paper provides a dynamic analysis of the market for academic publications. Given imperfect information about journals' editorial line, authors can sometimes target a wrong journal; in turn, the editor will desk-reject their paper. An equilibrium is de…ned as a situation where both editors...

This paper brings experimental evidence on investors' behavior subject to an "illiquidity" constraint, where the success of a risky project depends on the participation of a minimum number of investors. The experiment is set up as a frameless coordination game that replicates the investment...

Le processus d'accession de l'Algérie à l'OMC, qui a débuté en 1987 dans le cadre du GATT, est de loin le plus long parmi les négociations en cours. Malgré ce délai, un certain nombre de problèmes importants doivent encore être réglés pour aboutir à un accord. Le passage du GATT à...