Jean-Paul L’Huillier
Biographic Data
| ID | 5729117 |
|---|---|
| NAME | Jean-Paul L’Huillier |
| GIVEN NAMES | Jean-Paul |
| FAMILY NAME | L’Huillier |
| SIGNATURE | L’HUILLIER J |
| AFFILIATIONS | Einaudi Institute for Economics and Finance |
| ORCID | 0000-0002-5235-1158 |
| VERIFIED | Yes |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 6 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2008 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 2 |
Technology Shocks and Predictable Minsky Cycles
Big technological improvements in a new, secondary sector lead to a period of excitement about the future prospects of the overall economy, generating boom-bust dynamics propagating through credit markets. Increased future capital prices relax collateral constraints today, leading to a boom before the realisation of the shock. But reallocation of capital toward the secondary sector when the shock hits leads to a bust going forward. These cycles a…
I Will Put My Law in Their Minds
Catholics and Protestants differ in terms of social autonomy versus heteronomy. We propose that the regulation of behavior in accordance with social norms depends on the social control exercised by an authority for Catholics more than it does for Protestants. Two experiments measured cheating behavior (the transgression of a social norm) as a function of the religious group (Protestant vs. Catholic) and social control (with vs. without). Catholic…
Public and Private Values
In this paper, we experimentally examine whether looking at other people's pricing decisions is a type of a decision rule that people over‐apply even when it is not applicable, as in the case of private‐value goods. In Study 1, we find evidence that this is indeed the case—individual valuation of a subjective experience under full information, elicited using incentive compatible mechanism, is highly influenced by values of others. In Study 2, we …
Herding by attribution of privileged information
We study a situation where agents take extreme actions and how these actions are imitated by others. First, Experiment 1 showed that an expert first mover had an advantage in obtaining herding by others on his investment decision, when compared to a non‐expert first mover. Experiment 2 showed that this advantage only appeared when the first mover's investment was out‐of‐the‐ordinary (in fact, highly aberrant). We obtained the same level of herdin…
Herding by attribution of privileged information
We study a situation where agents take extreme actions and how these actions are imitated by others. First, Experiment 1 showed that an expert first mover had an advantage in obtaining herding by others on his investment decision, when compared to a non‐expert first mover. Experiment 2 showed that this advantage only appeared when the first mover's investment was out‐of‐the‐ordinary (in fact, highly aberrant). We obtained the same level of herdin…
I Will Put My Law in Their Minds
Catholics and Protestants differ in terms of social autonomy versus heteronomy. We propose that the regulation of behavior in accordance with social norms depends on the social control exercised by an authority for Catholics more than it does for Protestants. Two experiments measured cheating behavior (the transgression of a social norm) as a function of the religious group (Protestant vs. Catholic) and social control (with vs. without). Catholic…
Herding by attribution of privileged information
We study a situation where agents take extreme actions and how these actions are imitated by others. First, Experiment 1 showed that an expert first mover had an advantage in obtaining herding by others on his investment decision, when compared to a non‐expert first mover. Experiment 2 showed that this advantage only appeared when the first mover's investment was out‐of‐the‐ordinary (in fact, highly aberrant). We obtained the same level of herdin…
Public and Private Values
In this paper, we experimentally examine whether looking at other people's pricing decisions is a type of a decision rule that people over‐apply even when it is not applicable, as in the case of private‐value goods. In Study 1, we find evidence that this is indeed the case—individual valuation of a subjective experience under full information, elicited using incentive compatible mechanism, is highly influenced by values of others. In Study 2, we …
I Will Put My Law in Their Minds
Catholics and Protestants differ in terms of social autonomy versus heteronomy. We propose that the regulation of behavior in accordance with social norms depends on the social control exercised by an authority for Catholics more than it does for Protestants. Two experiments measured cheating behavior (the transgression of a social norm) as a function of the religious group (Protestant vs. Catholic) and social control (with vs. without). Catholic…
Technology Shocks and Predictable Minsky Cycles
Big technological improvements in a new, secondary sector lead to a period of excitement about the future prospects of the overall economy, generating boom-bust dynamics propagating through credit markets. Increased future capital prices relax collateral constraints today, leading to a boom before the realisation of the shock. But reallocation of capital toward the secondary sector when the shock hits leads to a bust going forward. These cycles a…
Economics (4 works) · Experimental Behavioral Economics Studies (3 works) · Microeconomics (2 works) · Political science (2 works) · Psychology (2 works) · Social Psychology (2 works) · Sociology (2 works) · Attribution (1 works) · Autonomy (1 works) · Boom (1 works)