Scientific Director of IDEI
Member of the Toulouse School of Economics (TSE)
Member of the Excecutive Committee, Institute for Advanced Study in Toulouse (IAST)

Contacts

Secretary

Links

Long CV (PDF file, 116 Kb)
Long CV (in french) (PDF file, 128 Kb)
CNRS Information about Gold Medal (PDF file)
CME Group - MSRI Prize
CNRS Press Release about Gold Medal
Announcement of BBVA Foundation Frontiers of Knowledge Award
Notice sur la vie et les travaux de Maurice Allais
Photos
Press Photos

Research Interests

Industrial Organization
Regulation
Organization Theory
Game Theory
Finance
Macroeconomics
Psychology

Professional experiences

Current position

Former positions

Education

Grants and awards

Work in progress

Articles in working paper series

• "Bonus Culture: Competitive Pay, Screening and Multitasking", IDEI Working Paper, n. 756, December 2012.

  (with Roland Bénabou)

  [ Full text (PDF file) ]

• "Information,Tranching and Liquidity", IDEI Working Paper, n. 736, July 2012.

  (with Emmanuel Farhi)

  [ Full text (PDF file, 403 Kb) ]

• "Country Solidarity, Private Sector Involvement and the Contagion of Sovereign Crises", IDEI Working Paper, n. 761, June 2012, revised September 2012.

  [ Full text (PDF file) ]

• Laws and Norms, October 2010, revised October 2011.

  (with Roland Bénabou)

  [ Full text (PDF file, 460 Kb) ]

• "Fear of Rejection? Tiered Certification and Transparency", IDEI Working Paper, n. 534, October 2008, revised September 2012.

  (with Emmanuel Farhi and Josh Lerner)

  [ Full text (PDF file, 669 Kb) ]

• "Speculative Attacks and Risk Management", IDEI Working Paper, n. 438, August 2006.

  (with Parag A. Pathak)

  [ Full text (PDF file, 347 Kb) | Addendum (PDF file, 171 Kb) ]

Publications

Articles in refereed journals

• "Macroeconomic Shocks and Banking Regulation", Journal of Money, Credit and Banking, vol. 44, Supplement: "S2", December 2012, p. 237–254. ISSN:0022-2879. doi:10.1111/j.1538-4616.2012.00559.x.

  (with Mathias Dewatripont)

  [ Full text (PDF file) | Clarification (PDF file) ]

• "Market Power Screens Willingness-to-Pay", The Quarterly Journal of Economics, vol. 127, n. 4, October 2012, p. 1971-2003. doi:10.1093/qje/qjs032.

  (with Glen Weyl)

  [ Full text (PDF file, 339 Kb) | Appendix (PDF file, 443 Kb) ]

• "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts", American Economic Review, vol. 102, February 2012, p. 60-93. doi:10.1257/aer.102.1.60.

  (with Emmanuel Farhi)

  [ Full text (PDF file, 785 Kb) ]
• "Overcoming Adverse Selection: How Public Intervention Can Restore Market Functioning", American Economic Review, vol. 102, February 2012, p. 29-59. doi:10.1257/aer.102.1.29.

  [ Full text (PDF file) ]
• "Some Political Economy of Global Warming", Economics of Energy and Environmental Policy, vol. 1, February 2012, p. 121-132. doi:10.5547/2160-5890.1.1.10.

• "Bubbly Liquidity", The Review of Economic Studies, vol. 79, n. 2, 2012, p. 678-706. doi:10.1093/restud/rdr039.

  (with Emmanuel Farhi)

  [ Full text (PDF file) ]
• "The Euro Crisis: Some Reflexions on Institutional Reform", Financial Stability Review, vol. 16, février 2012, p. 225-242.

  [ Full text (PDF file) ]

• "Regional Initiatives and the Cost of Delaying Binding Climate Change Agreements", Journal of Public Economics, vol. 95, December 2011, p. 1339-1348. doi:10.1016/j.jpubeco.2011.04.007.

  (with Julien Beccherle)

  [ Full text (PDF file) ]

• "Illiquidity and All Its Friends", Journal of Economic Literature, vol. 49, n. 2, June 2011, p. 287-325. doi:10.1257/jel.49.2.287.

  [ Full text (PDF file) ]
• "Payment Card Regulation and the Use of Economic Analysis in Antitrust", Competition Policy International, vol. 7, n. 1, Spring 2011, p. 137-158.
• "Must Take Cards: Merchant Discounts and Avoided Costs", Journal of the European Economic Association, vol. 9, n. 3, June 2011, p. 462-495. doi:10.1111/j.1542-4774.2011.01020.x.

  (with Jean-Charles Rochet)

  [ Full text (PDF file) ]

• "Identity, Morals and Taboos: Beliefs as Assets", The Quarterly Journal of Economics, vol. 126, n. 2, May 2011, p. 805-855. doi:10.1093/qje/qjr002.

  (with Roland Bénabou)

  [ Abstract ]

• "From Pigou to Extended Liability: On the Optimal Taxation of Externalities under Imperfect Financial Markets", The Review of Economic Studies, vol. 77, n. 2, April 2010, p. 697-729. doi:10.1111/j.1467-937X.2009.00585.x.

  [ Full text (PDF file, 8 Mb) ]

• "Individual and Corporate Social Responsibility", Economica, vol. 77, n. 305, 2010, p. 1-19.

  (with Roland Bénabou)

  [ Full text (PDF file) ]

• "Over My Dead Body: Bargaining and the Price of Dignity", American Economic Review, vol. 99, n. 2, Papers and Proceedings, May 2009, p. 459-465.

  (with Roland Bénabou)
• "Leverage and the Central Banker's Put", American Economic Review, vol. 99, n. 2, Papers and Proceedings, May 2009, p. 589-593. doi:10.1257/aer.99.2.589.

  (with Emmanuel Farhi)

• "Cognition and Incomplete Contracts", American Economic Review, vol. 99, n. 1, March 2009, p. 265-294.

  [ Full text (PDF file, 265 Kb) ]

• "Tying in Two-Sided Markets and the Honor All Cards Rule", International Journal of Industrial Organization, vol. 26, n. 6, November 2008, p. 1333-1347. doi:10.1016/j.ijindorg.2008.01.002.

  (with Jean-Charles Rochet)

• "Public-Private Partnerships and Government Spending Limits", International Journal of Industrial Organization, vol. 26, n. 2, March 2008, p. 412-420.

  (with Eric Maskin)

  [ Full text (PDF file, 152 Kb) ]

• "Consensus Building: How to Persuade a Group", American Economic Review, vol. 97, n. 5, December 2007, p. 1877-1900.

  (with Bernard Caillaud)

  [ Full text (PDF file, 355 Kb) ]

• "Financing and Access in Cooperatives", International Journal of Industrial Organization, vol. 25, n. 5, October 2007, p. 1061-1088.

  (with Patrick Rey)

  [ Full text (PDF file, 364 Kb) ]

• "The Optimal Design of Unemployment Insurance and Employment Protection: A First Pass", Journal of the European Economic Association, vol. 6, n. 1, 2007, p. 45-77.

  (with Olivier Jean Blanchard)

  [ Full text (PDF file, 286 Kb) ]
• "The Rules of Standard Setting Organizations: an Empirical Analysis", The RAND Journal of Economics, vol. 38, n. 4, 2007, p. 905-930.

  (with Benjamin Chiao and Josh Lerner)

  [ Full text (PDF file, 291 Kb) ]
• "Reliability and Competitive Electricity Markets", The RAND Journal of Economics, vol. 38, n. 1, 2007, p. 60-84.

  (with Paul L. Joskow)

  [ Full text (PDF file, 926 Kb) ]
• "Public Policy Toward Patent Pools", Innovation Policy and the Economy, n. 8, 2007, p. 157-186.

  (with Josh Lerner)
• "The Design of Patent Pools: The Determinants of Licensing Rules", The RAND Journal of Economics, vol. 38, n. 3, 2007, p. 610-625.

  (with Josh Lerner and Marcin Strojwas)

  [ Full text (PDF file, 219 Kb) ]

• "Belief in a Just World and Redistributive Politics", The Quarterly Journal of Economics, vol. 121, n. 2, May 2006, p. 699-746.

  (with Roland Bénabou)

  [ Full text (PDF file, 467 Kb) ]

• "Incentives and Prosocial Behavior", American Economic Review, vol. 96, n. 5, 2006, p. 1652-1678.

  (with Roland Bénabou)
• "Retail Electricity Competition", The RAND Journal of Economics, vol. 37, n. 4, 2006, p. 799-815.

  (with Paul L. Joskow)
• "A Model of Forum Shopping", American Economic Review, vol. 96, 2006, p. 1091-1113.

  (with Josh Lerner)
• "Two-Sided Markets: A Progress Report", The RAND Journal of Economics, vol. 35, n. 3, 2006, p. 645-667.

  (with Jean-Charles Rochet)

  [ Full text (PDF file) ]
• "The Dynamics of Open Source Contributors", American Economic Review, vol. 96, n. 2, 2006, p. 114-118.

• "Modes of Communication", Journal of Political Economy, vol. 113, n. 6, December 2005, p. 1217-1238.

  (with Mathias Dewatripont)

  [ Full text (PDF file) | Appendix (PDF file, 129 Kb) ]

• "Self-Control in Peer Groups", Journal of Economic Theory, vol. 123, n. 2, August 2005, p. 105-134.

  (with Marco Battaglini and Roland Bénabou)

  [ ScienceDirect© (PDF file) ]

• "Merchant Transmission Investment", The Journal of Industrial Economics, vol. 53, n. 2, June 2005, p. 233-264.

  (with Paul L. Joskow)

  [ Article ©Journal (PDF file, 224 Kb) ]

• "Certifying New Technologies", Journal of the European Economic Association, vol. 3, n. 2-3, April-May 2005, p. 734-744.

  (with Emmanuel Farhi and Josh Lerner)
• "The Scope of Open Source Licensing", The Journal of Law, Economics, and Organization, vol. 21, April 2005, p. 20-56.

  (with Josh Lerner)

• "The Economics of Technology Sharing: Open Source and Beyond", Journal of Economic Perspectives, vol. 19, n. 2, Spring, 2005, p. 99-120.

  (with Josh Lerner)
• "The Analysis of Tying Cases: A Primer", Competition Policy International, vol. 1, n. 1, Spring 2005.

  [ Article ©Journal (PDF file, 2 Mb) ]

• "The Politician and The Judge: Accountability in Government", American Economic Review, vol. 94, n. 4, September 2004, p. 1034-1054.

  (with Eric Maskin)

• "Willpower and Personal Rules", Journal of Political Economy, vol. 112, n. 4, August 2004, p. 848-886.

  (with Roland Bénabou)

• "Efficient Patent Pools", American Economic Review, vol. 94, n. 3, June 2004, p. 691-711.

  (with Josh Lerner)

• "Redesigning the Employment Protection System", De Economist, vol. 152, n. 1, Springer Netherlands, March 2004, p. 1-20.

  (with Olivier Jean Blanchard)

  [ Full text (PDF file, 199 Kb) ]
• "Essential Facility Financing and Market Structure", Journal of Public Economics, vol. 88, n. 3-4, March 2004, p. 667-694.

  (with Bernard Caillaud)

  [ ScienceDirect© ]

• "Exit Options in Corporate Finance: Liquidity versus Incentives", Review of Finance, vol. 8, n. 3, 2004, p. 327-353.

  (with Philippe Aghion and Patrick Bolton)

  [ Article ©Journal (PDF file) ]
• "On the Receiver Pays Principle", The RAND Journal of Economics, vol. 35, n. 1, Spring 2004, p. 85-110.

  (with Doh-Shin Jeon and Jean-Jacques Laffont)

• "Inefficient Foreign Borrowing: A Dual-and Common-Agency Perspective", American Economic Review, vol. 93, n. 5, December 2003, p. 1678-1702.

  [ Jstor© ]

• "Intrinsic and Extrinsic Motivation", The Review of Economic Studies, vol. 70, n. 3, July 2003, p. 489-520.

  (with Roland Bénabou)

• "Platform Competition in Two-Sided Markets", Journal of the European Economic Association, vol. 1, n. 4, June 2003, p. 990-1029.

  (with Jean-Charles Rochet)

  [ Full text (PDF file, 405 Kb) | Abstract (PDF file, 86 Kb) ]

• "On Non-Exclusive Membership in Competing Joint Ventures", The RAND Journal of Economics, vol. 34, n. 1, Spring 2003, p. 43-62.

  (with Jerry A. Hausman and Gregory K. Leonard)

  [ Jstor© ]
• "Internet Interconnection and the Off-Net-Cost Pricing Principle", The RAND Journal of Economics, vol. 34, n. 2, 2003, p. 370-390.

  (with Jean-Jacques Laffont, Scott Marcus and Patrick Rey)

  [ Full text (PDF file, 370 Kb) | Abstract (PDF file, 37 Kb) ]
• "An Economic Analysis of the Determination of Interchange Fees in Payment Card Systems", The Review of Network Economics, vol. 2, n. 2, 2003, p. 69-79.

  (with Jean-Charles Rochet)

• "Parties as Political Intermediaries", The Quarterly Journal of Economics, vol. 117, n. 4, November 2002, p. 1453-1489.

  (with Bernard Caillaud)

• "Self Confidence and Personal Motivation", The Quarterly Journal of Economics, vol. 117, n. 3, August 2002, p. 871-915.

  (with Roland Bénabou)

  [ Article ©Journal (PDF file, 374 Kb) ]

• "Some Simple Economics of Open Source", The Journal of Industrial Economics, vol. 50, n. 2, June 2002, p. 197-234.

  (with Josh Lerner)

• "Domestic and International Supply of Liquidity", American Economic Review, vol. 92, n. 2, May 2002, p. 42-45.

  (with Bengt Holmström)

  [ Jstor© ]

• "Rational Irrationality: Some Economics of Self-Management", European Economic Review, vol. 46, n. 4-5, Elsevier, April 2002, p. 633-655.

  [ ScienceDirect© (PDF file) ]

• "Cooperation among Competitors: Some Economics of Payment Card Associations", The RAND Journal of Economics, vol. 33, n. 4, 2002, p. 1-22.

  (with Jean-Charles Rochet)

  [ Jstor© ]

• "LAPM: A Liquidity-Based Asset Pricing Model", The Journal of Finance, vol. 56, n. 5, (Smith Breeden Award 2002), October 2001, p. 1837-1867.

  (with Bengt Holmström)

  [ Jstor© ]
• "Markov Perfect Equilibrium I: Observable Actions", Journal of Economic Theory, vol. 100, n. 2, October 2001, p. 191-219.

  (with Eric Maskin)

  [ ScienceDirect© (PDF file) ]

• "Internet Peering", American Economic Review, vol. 91, n. 2, May 2001, p. 287-291.

  (with Jean-Jacques Laffont, Scott Marcus and Patrick Rey)

  [ Jstor© ]
• "The Open Source Movement: Key Research Questions", European Economic Review, vol. 45, n. 4-6, Elsevier, May 2001, p. 819-826.

  (with Josh Lerner)

  [ ScienceDirect© (PDF file) ]

• "Corporate Governance", Econometrica, vol. 69, n. 1, January 2001, p. 1-35.

  [ Jstor© ]

• "Le Risque Régulatoire", Risques - Les Cahiers de l'Assurance, vol. 46, 2001, p. 86-89.

  (with Jean-Jacques Laffont)

• "Connectivity in the Commercial Internet", The Journal of Industrial Economics, vol. 48, n. 4, December 2000, p. 433-472.

  (with Jacques Crémer and Patrick Rey)

  [ Jstor© ]
• "Pricing a Network Good to Deter Entry", The Journal of Industrial Economics, vol. 48, n. 4, December 2000, p. 373-390.

  (with Drew Fudenberg)

  [ Jstor© ]

• "Liquidity and Risk Management", Journal of Money, Credit and Banking, vol. 32, n. 3, August 2000, p. 295-319.

  (with Bengt Holmström)

  [ Jstor© ]

• "L'infrastructure Institutionnelle de la Politique de Concurrence", Revue d'Économie du Développement, n. 1-2, June 2000, p. 123-132.

• "Multitask Agency Problems: Focus and Task Clustering", European Economic Review, vol. 44, n. 4-6, Elsevier, May 2000, p. 869-877.

  (with Mathias Dewatripont and Ian Jewitt)

  [ ScienceDirect© (PDF file) ]
• "Global Price Caps and the Regulation of Access", Brazilian Review of Econometrics, vol. 20, n. 1, May 2000, p. 115-146.

  (with Jean-Jacques Laffont)

• "Some Reflections on Open Source Software", Communications & Strategies, n. 40, IDATE, Montpellier, Special Issue 4th Quarter 2000, p. 139-159.

  (with Jacques Crémer and Eloic Peyrache)
• "Customer Poaching and Brand Switching", The RAND Journal of Economics, vol. 31, n. 4, Winter 2000, p. 634-657.

  (with Drew Fudenberg)

  [ Jstor© ]
• "Transmission Rights and Market Power on Electric Power Networks", The RAND Journal of Economics, vol. 31, n. 3, Autumn 2000, p. 450-487.

  (with Paul L. Joskow)

  [ Jstor© ]

• "El Gobierno Corporativo", Economia (Pontifical Catholic University of Peru), vol. 22, n. 44, December 1999, p. 9-60.

• "Incomplete Contracts: Where Do We Stand?", Econometrica, vol. 67, n. 4, July 1999, p. 741-781.

  [ Jstor© ]

• "Report of the President", Econometrica, vol. 67, n. 3, The Econometric Society Annual Reports: 1998, May 1999, p. 699-704.

  [ Jstor© ]

• "Party Governance and Ideological Biais", European Economic Review, vol. 43, n. 4-6, Elsevier, April 1999, p. 779-789. doi:10.1016/S0014-2921(98)00093-2.

  (with Bernard Caillaud)

• "Advocates", Journal of Political Economy, vol. 107, n. 1, February 1999, p. 1-39.

  (with Mathias Dewatripont)

  [ Jstor© ]

• "Concessions, Concurrence et Incitations", Revue d'économie financière, n. 51, January 1999, p. 79-92.
• "The Economics of Career Concerns, I: Comparing Information Structure", The Review of Economic Studies, vol. 66, n. 1, Special Issue: Contracts, January 1999, p. 183-198.

  (with Mathias Dewatripont and Ian Jewitt)

  [ Jstor© ]
• "The Economics of Career Concerns, II: Applications to Missions and Accountability of Government Agencies", The Review of Economic Studies, vol. 66, n. 1, Special Issue: Contracts, January 1999, p. 199-217.

  (with Mathias Dewatripont and Ian Jewitt)

  [ Jstor© ]
• "Unforeseen Contingencies and Incomplete Contracts", The Review of Economic Studies, vol. 66, n. 1, Special Issue: Contracts, January 1999, p. 83-114.

  (with Eric Maskin)

  [ Jstor© ]
• "Two Remarks on the Property-Rights Literature", The Review of Economic Studies, vol. 66, n. 1, Special Issue: Contracts, January 1999, p. 139-149.

  (with Eric Maskin)

  [ Jstor© ]

• "Private and Public Supply of Liquidity", Journal of Political Economy, vol. 106, n. 1, February 1998, p. 1-40.

  (with Bengt Holmström)

  [ Jstor© ]

• "Upgrades, Tradeins, and Buybacks", The RAND Journal of Economics, vol. 29, n. 2, Summer 1998, p. 235-258.

  (with Drew Fudenberg)

  [ Jstor© ]
• "Network Competition: I. Overview and Nondiscriminatory Pricing", The RAND Journal of Economics, vol. 29, n. 1, Spring 1998, p. 1-37.

  (with Jean-Jacques Laffont and Patrick Rey)

  [ Jstor© ]
• "Network Competition: II. Price Discrimination", The RAND Journal of Economics, vol. 29, n. 1, Spring 1998, p. 38-56.

  (with Jean-Jacques Laffont and Patrick Rey)

  [ Jstor© ]

• "Financial Intermediation, Loanable Funds and the Real Sector", The Quarterly Journal of Economics, vol. 112, n. 3, August 1997, p. 663-691.

  (with Bengt Holmström)

  [ Jstor© ]

• "Formal and Real Authority in Organizations", Journal of Political Economy, vol. 105, n. 1, February 1997, p. 1-29.

  (with Philippe Aghion)

  [ Jstor© ]

• "Competition Between Telecommunications Operators", European Economic Review, vol. 41, n. 3-5, Elsevier, 1997, p. 701-711.

  (with Jean-Jacques Laffont and Patrick Rey)

  [ ScienceDirect© (PDF file) ]
• "Analyse Économique de la Notion de Prix de Prédation", Revue Française d'Économie, vol. 12, 1997, p. 3-32.

  (with Patrick Rey)

• "Creating Competition through Interconnection: Theory and Practice", Journal of Regulatory Economics, vol. 10, n. 3, November 1996, p. 227-256.

  (with Jean-Jacques Laffont)

  [ Abstract ]
• "Interbank Lending and Systemic Risk", Journal of Money, Credit and Banking, vol. 28, n. 4, November 1996, p. 733-762.

  (with Jean-Charles Rochet)

  [ Jstor© ]
• "Controlling Risk in Payment Systems", Journal of Money, Credit and Banking, vol. 28, n. 4, November 1996, p. 832-862.

  (with Jean-Charles Rochet)

  [ Jstor© ]

• "Pollution Permits and Compliance Strategies", Journal of Public Economics, vol. 62, n. 1, October 1996, p. 85-125.

  (with Jean-Jacques Laffont)

  [ ScienceDirect© (PDF file) ]
• "Pollution Permits and Environmental Innovation", Journal of Public Economics, vol. 62, n. 1-2, October 1996, p. 127-140.

  (with Jean-Jacques Laffont)

  [ ScienceDirect© (PDF file) ]

• "Biaised Principals as a Discipline Device", Japan and the World Economy, vol. 8, n. 2, June 1996, p. 195-206.

  (with Mathias Dewatripont)

  [ ScienceDirect© (PDF file) ]

• "Modeling Aggregate Liquidity", American Economic Review, vol. 86, n. 2, Papers and Proceedings of the Hundredth and Eighth Annual Meeting of the American Economic Association, San Francisco, January 5-7, 1996, May 1996, p. 187-191.

  (with Bengt Holmström)

  [ Jstor© ]

• "A Theory of Collective Reputations (with Applications to the Persistence of Corruption and to Firm Quality)", The Review of Economic Studies, vol. 63, n. 1, January 1996, p. 1-22.

  [ Jstor© ]

• "Some Implications of Growth for Organizational Form and Ownership Structure", European Economic Review, vol. 39, n. 3, Elsevier, April 1995, p. 440-456.

  (with Philippe Aghion)

  [ ScienceDirect© (PDF file) ]

• "A Theory of Income and Dividend Smoothing Based on Incumbency Rents", Journal of Political Economy, vol. 103, n. 1, February 1995, p. 75-93.

  (with Drew Fudenberg)

  [ Jstor© ]

• "Collusion et Théorie des Organisations", Revue d'Économie Industrielle, 1995, p. 247-286.
• "Libéralisation et Charges d'Accès", Annales des Télécommunications, vol. 50, n. 2, Springer, Paris, 1995, p. 306-314.

  (with Jean-Jacques Laffont)
• "Les Idées Nouvelles sur l'Intégration Verticale : Un Guide Informel de l'Utilisateur", Annales des Télécommunications, vol. 50, Springer, Paris, 1995, p. 256-264.
• "Structures d'Entreprise, R&D et Incitations", Annales des Télécommunications, vol. 50, Springer, Paris, 1995, p. 165-184.

• "Access Pricing and Competition", European Economic Review, vol. 38, n. 9, Elsevier, December 1994, p. 1673-1710.

  (with Jean-Jacques Laffont)

  [ ScienceDirect© ]

• "The Management of Innovation", The Quarterly Journal of Economics, vol. 109, n. 4, November 1994, p. 1185-1209.

  (with Philippe Aghion)

  [ Jstor© ]
• "A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence", The Quarterly Journal of Economics, vol. 109, n. 4, November 1994, p. 1027-1054.

  (with Mathias Dewatripont)

  [ Jstor© ]

• "Western Prudential Regulation: Assessment, and Reflections on its Application to Central and Eastern Europe", The Economics of Transition, vol. 2, n. 2, June 1994, p. 129-150.

• "Opening the Black Box of Innovation", European Economic Review, vol. 38, n. 3-4, Elsevier, April 1994, p. 701-710.

  (with Philippe Aghion)

  [ ScienceDirect© ]
• "Environmental Policy, Compliance and Innovation", European Economic Review, vol. 38, n. 3-4, Elsevier, April 1994, p. 555-562.

  (with Jean-Jacques Laffont)

  [ ScienceDirect© ]
• "On Banking and Intermediation", European Economic Review, vol. 38, n. 3, Elsevier, April 1994, p. 469-487.

  [ Abstract ]

• "The International Organization of Government", Oxford Economic Papers, vol. 46, n. 1, January 1994, p. 1-29.

  [ Jstor© ]

• "Market Liquidity and Performance Monitoring", Journal of Political Economy, vol. 101, n. 4, August 1993, p. 678-709.

  (with Bengt Holmström)

  [ Jstor© ]

• "Cartelization by Regulation", Journal of Regulatory Economics, vol. 5, n. 2, June 1993, p. 111-130.

  (with Jean-Jacques Laffont)

  [ ScienceDirect© ]

• "Should Governments Commit?", European Economic Review, vol. 36, n. 2-3, Elsevier, April 1992, p. 345-353.

  (with Jean-Jacques Laffont)

  [ Abstract ]

• "Cost Padding, Auditing and Collusion", Annales d'Économie et de Statistique, n. 25-26, Institut national de la statistique et des études économiques, Paris, January-June 1992, p. 205-226.

  (with Jean-Jacques Laffont)

  [ Article ©Journal (PDF file) ]
• "The Principal-Agent Relationship with an Informed Principal, II: Common Values", Econometrica, vol. 60, n. 1, January 1992, p. 1-42.

  (with Eric Maskin)

  [ Jstor© ]

• "The Politics of Government Decision Making: A Theory of Regulatory Capture", The Quarterly Journal of Economics, vol. 106, November 1991, p. 1089-1127.

  (with Jean-Jacques Laffont)

  [ Jstor© ]

• "Perfect Bayesian Equilibrium and Sequential Equilibrium", Journal of Economic Theory, vol. 53, n. 2, April 1991, p. 236-260.

  (with Drew Fudenberg)

  [ ScienceDirect© ]

• "Transfer Pricing and Organizational Form", The Journal of Law, Economics, and Organization, vol. 7, n. 2, Fall 1991, p. 201-228.

  (with Bengt Holmström)
• "Auction Design anf Favoritism", International Journal of Industrial Organization, vol. 9, 1991, p. 9-42.

  (with Jean-Jacques Laffont)

  [ ScienceDirect© ]
• "Privatization and Incentives", The Journal of Law, Economics, and Organization, vol. 7, special, 1991, p. 84-105.

  (with Jean-Jacques Laffont)

• "Optimal Bypass and Cream Skimming", American Economic Review, vol. 80, n. 5, December 1990, p. 1042-1061.

  (with Jean-Jacques Laffont)

  [ Jstor© ]

• "Moral Hazard and Renegotiation in Agency Contracts", Econometrica, vol. 58, n. 6, November 1990, p. 1279-1319.

  (with Drew Fudenberg)

  [ Jstor© ]

• "The Regulation of Multiproduct Firms: Part I: Theory", Journal of Public Economics, vol. 43, n. 1, October 1990, p. 1-36.

  (with Jean-Jacques Laffont)

  [ ScienceDirect© ]
• "The Regulation of Multiproduct Firms: Part II: Applications to Competitive Environments and Policy Analysis", Journal of Public Economics, vol. 43, n. 1, October 1990, p. 37-67.

  (with Jean-Jacques Laffont)

  [ ScienceDirect© ]
• "Adverse Selection and Renegotiation in Procurement", The Review of Economic Studies, vol. 57, n. 4, October 1990, p. 597-625.

  (with Jean-Jacques Laffont)

  [ Jstor© ]

• "L'Economie Politique de la Réglementation", L'Actualité Économique, vol. 66, n. 3, September 1990, p. 305-318.

• "The Principal-Agent Relationship with an Informed Principal. I: The Case of Private Values", Econometrica, vol. 58, n. 2, March 1990, p. 379-409.

  (with Eric Maskin)

  [ Jstor© ]

• "Vertical Integration and Market Foreclosure", Brookings Papers on Economic Activity, vol. 1990: "Microeconomics", Brookings Institution, Washington, 1990, p. 205-286.

  (with Olivier Hart)

  [ Jstor© ]
• "In Honor of David Kreps, Winner of the John Bates Clark Medal", Journal of Economic Perspectives, vol. 4, n. 3, Summer 1990, p. 149-170.

  [ Jstor© ]
• "The Politics of Government Decision Making: Regulatory Institutions", The Journal of Law, Economics, and Organization, vol. 6, n. 1, Spring 1990, p. 1-32.

  (with Jean-Jacques Laffont)

• "Contract Renegotiation and Coasian Dynamics", The Review of Economic Studies, vol. 55, n. 4, October 1988, p. 509-540.

  (with Olivier Hart)

  [ Jstor© ]

• "The Dynamics of Incentive Contracts", Econometrica, vol. 56, n. 5, September 1988, p. 1153-1175.

  (with Jean-Jacques Laffont)

  [ Jstor© ]

• "The Multicontract Organization", Canadian Journal of Economics, vol. 21, n. 3, University of Toronto Press, Toronto, August 1988, p. 459-466.

  [ Jstor© ]

• "A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs", Econometrica, vol. 56, n. 3, May 1988, p. 549-569.

  (with Eric Maskin)

  [ Jstor© ]
• "A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles", Econometrica, vol. 56, n. 3, May 1988, p. 571-599.

  (with Eric Maskin)

  [ Jstor© | Jstor© ]

• "Government Intervention in Production and Incentives Theory: A Review of Recent Contributions", The RAND Journal of Economics, vol. 29, n. 1, Spring 1988, p. 1-26.

  (with Bernard Caillaud, Roger Guesnerie and Patrick Rey)

  [ Jstor© ]

• "Correlated Equilibria and Sunspots", Journal of Economic Theory, vol. 43, n. 2, December 1987, p. 364-373.

  (with Eric Maskin)

• "Comparative Statics of the Optimal Dynamic Incentive Contract", European Economic Review, vol. 31, n. 4, Elsevier, June 1987, p. 901-926.

  (with Jean-Jacques Laffont)

  [ ScienceDirect© ]
• "A Theory of Dynamic Oligopoly, III: Cournot Competition", European Economic Review, vol. 31, n. 4, Elsevier, June 1987, p. 947-968.

  (with Eric Maskin)

  [ ScienceDirect© | ScienceDirect© ]

• "Understanding Rent Dissipation: On the Use of Game Theory in Industrial Organization", American Economic Review, vol. 77, n. 2, Papers and Proceedings of the Ninety-Ninth Meeting of the American Economic Association, May 1987, p. 176-183.

  (with Drew Fudenberg)

  [ Jstor© ]

• "Incomplete Information Bargaining with Outside Opportunities", The Quarterly Journal of Economics, vol. 102, n. 1, February 1987, p. 37-50.

  (with Drew Fudenberg and David Levine)

  [ Jstor© ]

• "The Logic of Vertical Restraints", American Economic Review, vol. 76, n. 5, December 1986, p. 921-939.

  (with Patrick Rey)

  [ Jstor© ]

• "A Theory of Exit in Duopoly", Econometrica, vol. 54, n. 4, July 1986, p. 943-960.

  (with Drew Fudenberg)

  [ Jstor© ]

• "Using Cost Observation to Regulate Firms", Journal of Political Economy, vol. 94, n. 3, June 1986, p. 614-641.

  (with Jean-Jacques Laffont)

  [ Jstor© ]

• "Procurement and Renegotiation", Journal of Political Economy, vol. 94, n. 2, April 1986, p. 235-259.

  [ Jstor© ]

• "Une Théorie Normative des Contrats État-Entreprises", Annales d'Économie et de Statistique, n. 1, Institut national de la statistique et des études économiques, Paris, January-March 1986, p. 107-132.

  (with Jean-Jacques Laffont)

  [ Article ©Journal (PDF file) ]
• "Contraintes Verticales : l'Approche Principal-Agent", Annales d'Économie et de Statistique, n. 1, Institut national de la statistique et des études économiques, Paris, January-March 1986, p. 175-201.

  (with Patrick Rey)

  [ Article ©Journal (PDF file) ]

• "A "Signal-Jamming" Theory of Predation", The RAND Journal of Economics, vol. 17, n. 3, Autumn 1986, p. 366-376.

  (with Drew Fudenberg)

  [ Jstor© ]
• "Hierarchies and Bureaucracies", The Journal of Law, Economics, and Organization, 1986.

• "Asset Bubbles and Overlapping Generations", Econometrica, vol. 53, n. 6, November 1985, p. 1499-1528.

  [ Jstor© | Jstor© ]

• "L'Economie de la Recherche Developement : Introduction à Certains Travaux Théoriques", Revue Économique, vol. 36, n. 5, September 1985, p. 843-871.

  (with Roger Guesnerie)

• "Preemption and Rent Equalization in the Adoption of New Technology", The Review of Economic Studies, vol. 52, n. 3, July 1985, p. 383-401.

  (with Drew Fudenberg)

  [ Jstor© | Jstor© ]

• "Planning under Incomplete Information and the Ratchet Effect", The Review of Economic Studies, vol. 52, n. 2, April 1985, p. 173-191.

  (with Xavier Freixas and Roger Guesnerie)

  [ Jstor© ]

• "The Fat-Cat Effect, the Puppy-Dog Ploy, and the Lean and Hungry Look", American Economic Review, vol. 74, n. 2, May 1984, p. 361-366.

  (with Drew Fudenberg)

  [ Jstor© ]

• "On the Efficiency of Fixed Price Equilibrium", Journal of Economic Theory, vol. 32, n. 2, April 1984, p. 317-327.

  [ Abstract ]

• "Capital as a Commitment: Strategic Investment to Deter Mobility", Journal of Economic Theory, vol. 31, n. 2, December 1983, p. 227-250.

  (with Drew Fudenberg)

  [ ScienceDirect© ]

• "Jeux Dynamiques : Un Guide de l'Utilisateur", Revue d'Économie Politique, vol. 93, n. 4, July-August 1983, p. 551-575.

• "Preemption, Leapfrogging and Competition in Patent Races", European Economic Review, vol. 22, n. 1, Elsevier, June 1983, p. 3-31.

  (with Drew Fudenberg, Richard J. Gilbert and Joseph Stiglitz)

  [ ScienceDirect© ]

• "Sequential Bargaining under Incomplete Information", The Review of Economic Studies, vol. 50, n. 2, April 1983, p. 221-247.

  (with Drew Fudenberg)

  [ Jstor© ]

• "Learning-by-Doing and Market Performance", The Bell Journal of Economics, vol. 14, n. 2, Autumn 1983, p. 522-530.

  (with Drew Fudenberg)

  [ Jstor© ]

• "On the Possibility of Speculation under Rational Expectations", Econometrica, vol. 50, n. 5, September 1982, p. 1163-1182.

  [ Jstor© ]

• "Taux d'Actualisation et Optimum Second", Revue Économique, vol. 32, n. 5, September 1981, p. 829-869.

• "Tax Reform from the Gradient Projection Viewpoint", Journal of Public Economics, n. 15, June 1981, p. 275-293.

  (with Roger Guesnerie)

Articles in working paper series

• "Payment Card Regulation and the Use of Economic Analysis in Antitrust", TSE Notes/Notes TSE, n. 4, March 2011.

  [ Full text (PDF file, 1 Mb) ]

• "Leçons d'une crise", TSE Notes/Notes TSE, n. 1, December 2008.

  [ Full text (PDF file, 801 Kb) ]

Books

• Inside and Outside Liquidity, MIT Press, Paris, France, January 2011. ISBN:0-262-01578-1.

  (with Bengt Holmström)

  [ Web Page ]

• Balancing the Banks: Global Lessons from the Financial Crisis, Princeton University Press, 2010.

  (with Mathias Dewatripont and Jean-Charles Rochet)

  [ Web Page ]

• The Theory of Corporate Finance, Princeton University Press, January 2006.

  [ Website ]

• Financial Crises, Liquidity and the International Monetary System, Princeton University Press, 2002.

  [ Website ]

• Competition in Telecommunications, series Munich Lectures in Economics, MIT Press, 1999.

  (with Jean-Jacques Laffont)

• The Prudential Regulation of Banks, MIT Press, 1994.

  (with Mathias Dewatripont)

• A Theory of Incentives in Procurement and Regulation, MIT Press, 1993.

  (with Jean-Jacques Laffont)

• Game Theory, MIT Press, 1991.

  (with Drew Fudenberg)

• The Theory of Industrial Organization, MIT Press, 1988.

Contributions to books

• "Competition Policy in Two-Sided Markets", in Handbook of Antitrust Economics, chapter 15, The MIT Press, April 2008, p. 543-582.

  (with Jean-Charles Rochet)

• "Laffont, Jean-Jacques (1947-2004)", in The New Palgrave Dictionary of Economics (2nd edition), Palgrave Macmillan, 2008. doi:10.1057/9780230226203.0923.

• "The Economics of Tacit Collusion: Implications for Merger Control", in The Political Economy of Antitrust, vol. 282, Elsevier Science, 2007, p. 217-240.

  (with Marc Ivaldi, Patrick Rey and Paul Seabright)
• "A Primer on Foreclosure", in Handbook of Industrial Organization, vol. III, North Holland, 2007, p. 2145-2220.

  (with Patrick Rey)

  [ Full text (PDF file, 752 Kb) ]

• "Intellectual Property and Health in Developing Countries", in Understanding Poverty, chapter 20, May 2006, p. 303-319.

  [ Full text (PDF file, 96 Kb) ]

• "Telecommunications and Competition", in The Economics of Antitrust and Regulation in Telecommunications, chapter 14, Edgard Elgar Publishing, 2004, p. 206-265.

• "Self Knowledge and Self Regulation: An Economic Approach", in The Psychology of Economic Decisions. Vol.1: Rationality and Well-being, Oxford University Press, 2003.

  (with Richard Zeckhauser)

• "Collusion and the Theory of Organizations", in Advances in Economic Theory: Proceedings of the Sixth World Congress of the Econometric Society, series Econometric Society Monographs, vol. 1 & 2, Cambridge University Press, 1992.
• "Efficient Governance Structure : Implications for Banking Regulation", in Financial Intermediation in the Construction of Europe, Cambridge University Press, 1992.

  (with Mathias Dewatripont)

Articles in the Press

• "Perspectives 2013 : des évolutions positives", DICCIT: Chambre de Commerce et d'industrie de Toulouse, January 2013.

• "Les Pères de l'Economie : Jean Tirole sur John Maynard Keynes", Challenges, February 2, 2012.

• "Réglementation des paiements par cartes : une application de l'analyse économique à la politique de concurrence", Revue Banque, November 2011.

• "Jean Tirole: Il faut parvenir à mieux mesurer les déficits, et à mieux les contrôler", Le Monde, April 19, 2011.

  [ Full text (PDF file, 1 Mb) ]

• "Un plan pour sauver l'euro", L'Expansion, n. 755, September 2010.

  [ Full text (PDF file, 24 Kb) ]

• "Après l'échec de Copenhague, que préconisez-vous ?", La Tribune, March 15, 2010.

  [ Video ]

• "Sans coordination internationale, est-ce la peine de taxer le carbone?", La Tribune, March 3, 2010.

• "Taxe carbone: de Charybde en Scylla?", Les Echos, January 6, 2010.

  (with Christian Gollier)

  [ Full text (PDF file, 261 Kb) ]

• "Négociations climatiques: Copenhague ou l'heure de vérité", Le Monde, November 3, 2009.

• "Comment répondre à l'impératif écologique de façon rationnelle?", Le Monde, September 8, 2009.

  (with Christian Gollier)

• "Cinq réformes clés pour la finance mondiale", La Tribune, November 3, 2008.

• "En finir avec les tabous", Le Monde, December 11, 2007.

• "La finance d'entreprise revisitée", Les Echos, June 11, 2007.

  [ Full text (PDF file) ]

• "Quatre recettes pour un Etat efficace", L'Expansion, n. 720, June 2007.

  [ Full text (PDF file, 132 Kb) ]

• "Nos autorités de régulation doivent rester indépendantes", Le Monde, January 23, 2007.

• "Vendeur ou acheteur: qui doit payer ?", Les Echos, November 13, 2006.

• "L'Etat a mieux à faire que de combattre les OPA", L'Expansion, n. 707, April 2006.

  [ Full text ]

Reports

• Politique climatique: une nouvelle architecture internationale, Rapport pour le Conseil d'Analyse Economique, n° 87, La Documentation Française, October 2009.

  [ Full text (PDF file) ]

• La protection de l'emploi, Rapport pour le Conseil d'Analyse Economique n° 44, 2003.

  (with Olivier Jean Blanchard)

  [ Full text (PDF file) ]
• Protection de la propriété intellectuelle: une introduction et quelques pistes de réflexion, Rapport pour le Conseil d'Analyse Economique n° 41, 2003.

  [ Full text (PDF file) ]

• Quelles régulations pour le commerce ?, Rapport pour le Conseil d'Analyse Economique n° 29, La Documentation Française, 2000.

Participations

Articles in the Press

• "Grand entretien : Jean Tirole", Touléco, January 2013.

  Participants: Jean Tirole.

• "Entretien avec Jean Tirole "Les chercheurs n'avaient pas conscience de l'étendue des risques pris avant la crise."", Enjeux les Echos, December 2012.

  Participants: Jean Tirole.

  [ Full text (PDF file) ]

• "La dette privée bancaire est en réalité de la dette publique", La Tribune, June 6, 2012.

  Participants: Jean Tirole.

  [ Full text (PDF file) | Web Page ]

• "Compétitivité : l'économiste Jean Tirole espère des réformes fortes en Europe", Le Figaro, January 30, 2012.

  Participants: Jean Tirole.

  [ Full text ]

• "Trois questions à… Jean Tirole", La lettre des Etudes et de la Recherche: Banque de France, 2012.

  Participants: Jean Tirole.

Radio programmes

• "L'éco du jour par Philippe LEFÉBURE : Portrait de Jean TIROLE", Le 7/9 de France Inter, February 23, 2013.

  Participants: Jean Tirole.

  [ Recording (from 00:46) ]