Directeur d'Etudes à l'Ecole des Hautes Etudes en Sciences Sociales






Interest T
heory of incentives, political economy, competition policy and regulation, procurement and PPP, environmental & resource economics

Address
PSE, 48 boulevard Jourdan, 75014 Paris, France

Email david'dot'martimort'at'psemail'dot'eu


 



Complete CV


Working Papers


Recent Publications

  • “Contracts for the Management of a Non -Renewable Resource under Asymmetric Information and Structural Price Breaks,” with Jerome Pouyet and Francesco Ricci in F. Henriet and K. Schlubert eds. The Economics of Shale Gas, forthcoming Oxford University Press.
  • “Introduction for The Economic Theory of Incentives. Vols. 1 and 2. D. Martimort, ed. (forthcoming) Edward Elgar Publishers.
  • “A Theory of Contracts with Limited Enforcement” with Aggey Semenov and Lars Stole. The Review of Economic Studies, (2017), 84: 816-852.
  • “Dynamic Procurement under Uncertainty : Optimal Design and Implications for Incomplete Contracts,” with Malin Arve. The American Economic Review, 106: 3238-3274. (Lead paper.)
  • “A Mechanism Design Approach to Climate-Change Agreements,” with Wilfried Sand-Zantman. Journal of European Economic Association, (2016), 14: 669-718.
  • “How to Design Public-Private Partnerships in a Warming World ? A Critical Appraisal of Public-Private Partnerships” with Stephane Straub. International Economic Review, (2016), 57: 61-88.
  • “Corruption in PPPs, Incentives and Contract Incompleteness,” with Elisabetta Iossa. International Journal of Industrial Organization, (2016), 44 : 85-100.
  • “Vertical Contracting with Informational Opportunism,” with Vianney Dequiedt. The American Economic Review (2015), 105: 2141-82.
  • “Pessimistic Information Gathering”, with Elisabetta Iossa. Games and Economic Behavior (2015), 91: 75-96.
  • “The Simple Micro-Economics of Public-Private Partnerships,” with Elisabetta Iossa. Journal of Public Economic Theory, Special Issue on Public-Private Partnerships, (2015), 17(1): 4-48. (Lead paper.)
  • “Introduction to the Special Issue on Public Private Partnerships” with Flavio Menezes. Journal of Public Economic Theory, Special Issue on Public-Private Partnerships, (2015), 17(1): 1-3.
  • “The Cost of Contract Renegotiation : Evidence from the Local Public Sector” with Philippe Gagnepain and Marc Ivaldi, The American Economic Review (2013), 103(6): 2352-2383.
  • “Competing Mechanisms in a Common Value Environment : A Corrigendum” with Bruno Biais and Jean-Charles Rochet, Econometrica, (2013), 81: 393-406.
  • “Delegation and R and D: Theory and Evidence from Italy,” with Jakub Kastl and Salvatore Piccolo, The Journal of Industrial Economics, (2013), 61: 84-107.
  • “Solving the Global Warming Problem : Beyond Markets, Simple Mechanisms May Help!,” with Wilfried Sand-Zantman, Canadian Journal of Economics, (2013), 46: 361-378. (Lead paper.)
  • “Corruption in Public-Private Partnerships,” with Elisabetta Iossa, (2013), The Handbook of Public Private Partnerships, eds. P. De Vriers.
  • “How Much Discretion for Risk Regulators ?,” with Yolande Hiriart, The RAND Journal of Economics, (2012), 43: 283-314.
  • “Risk Allocation and the Costs and Benefits of Public-Private Partnerships,” with Elisabetta Iossa, The RAND Journal of Economics, (2012) 43: 442-474.
  • “Optimal Domestic Regulation under Asymmetric Information and International Trade : A Simple General Equilibrium Approach,” with Thierry Verdier, The RAND Journal of Economics, (2012) 43: 650-676.
  • “Optimal Delegation with Multi-Dimensional Decisions” with Frederic Koessler, Journal of Economic Theory, (2012), 147: 1850-1881.
  • “Aggregate Representations of Aggregate Games with Applications to Common Agency Games,” with Lars Stole, Games and Economic Behavior, (2012), 76: 753-772.
  • “La Societé des Experts : Une perspective critique,” (2012), in Faire des Sciences Sociales eds. EHESS.

Short Bio

David Martimort holds a position as a Directeur d’Etudes at Ecole des Hautes Etudes en Sciences Sociales and is Professor at Paris School of Economics. He holds a PHD from Toulouse University under the supervision of Jean-Jacques Laffont. He is a specialist in Incentives Theory and its applications. He coauthored with Jean-Jacques Laffont the reference textbook on the topic (“The Theory of Incentives,” 2002, Princeton University Press). His research spans a broad area from Industrial Organization, Regulation to Development Economics, Political Economy, Public Economics and Environmental and Resource Economics, with a special emphasis on issues related to regulatory and public governance. He has published widely in the best economic journals, Econometrica, American Economic Review, The Review of Economic Studies, Journal of Economic Theory, Journal of European Economic Association, The Rand Journal of Economics, Theoretical Economics and the Journal of Public Economics. He has been Fellow of the Econometric Society and a Fellow of the European Economic Association since 2005. David Martimort has also served or still serves as an Editor or is on the boards of several important journals among which The Review of Economic Studies, The RAND Journal of Economics, Journal of Economic Theory, Econometrica, and Theoretical Economics. David Martimort has received the 2016 Prize of the Revue Economique, the 2004 Prize for the Best French Young Economist and the 1998 NYSE Award for the best paper in Market Finance. He has delivered several invited lectures in important international conferences and workshops and has been invited to give conferences and seminars at numerous places around the world.

Honors

  • 2017 Prize of the Revue Economique (third recipient).
  • Member of the Specialist Centre on Public Private Partnership in Smart and Sustainable Cities (PPP for Cities) (IESE Barcelona) 2015-.
  • Fellow of the European Economic Association 2005-.
  • Fellow of the Econometric Society 2005-.
  • Nominated “Who’s Who in France”, 2005.
  • “Best French Young Economist” organized by the French newspaper “Le Monde” and
  • “Le Cercle des Economistes” 2004.
  • Junior Member of Institut Universitaire de France, 2002-2007.
  • Research affiliate CES IFO, 2000-.
  • New York Stock Exchange Award, 1998 for the paper “Competing Mechanisms in a Common Value Environment,” with Bruno Biais and Jean-Charles Rochet.
  • Research affiliate CEPR, 1994-.
  • Member of the Society for Economic Analysis, 1997-2003.
  • Economic Prize of French Banking Association 1995. 

Editorial Duties

Current
Editor
The RAND Journal of Economics, 2008-.
Editorial Board
Theoretical Economics, 2005-.
Editorial Board
Revue d’Economie Politique, 2010-.

Past

Associate Editor
The RAND Journal of Economics, 1997-2007.
Associate Editor
Journal of Economic Theory, 2004-2013.
Associate Editor International Journal of Industrial Organization, 2005-2009.
Editorial Board
Econometrica, 2003-2015.
Editorial Board
The Review of Economic Studies, 1996-2002.
Editorial Board
The Journal of the European Economic Association, 2002-2004.
Editorial Board
The B.E. Journals in Theoretical Economics, 2001-2004.
Scientific Council
Revue d’Economie Politique, 2005-2010.
Guest Editor of a special issue on Public-Private Partnerships in
Journal of Public Economic Theory, 2015.

Books

The Economic Theory of Incentives, Vol. 1. (forthcoming 2017) Edward Elgar Publishers.
The Economic Theory of Incentives, Vol. 2. (forthcoming 2017) Edward Elgar Publishers.
The Theory of Incentives : The Principal-Agent Model, with Jean-Jacques Laffont. (2002)Princeton University Press.
The Theory of Incentives : Complex Organizations, with Jean-Jacques Laffont (in progress).
Frontiers in the Economics of Environmental Regulation and Liability, coeditor with Marcel Boyer and Yolande Hiriart, 2006, Ashgate.
Agricultural Markets : Mechanisms, Failures and Regulation, North Holland, 1996, Editor.

Students

  • Vianney Dequiedt (2002, PhD Toulouse, Professeur Agregé Université de Clermont-Ferrand), Vianney.DEQUIEDT@u-clermont1.fr.
  • Aggey Semenov (2005, PhD Toulouse, Professor Ottawa University), Aggey.Semenov@uottawa.ca.
  • Florence Touya (2006, PhD Pau, Assistant Professor Pau University), florencetouya@infonie.fr.
  • Shan Zhao (2008, Assistant Professor Grenoble Management School), zhsh333@yahoo.com.
  • Pierre Boyer (2010, Assistant Professor Ecole Polythechnique), boyerpier@yahoo.fr.
  • Olga Gorelkina (2010, Liverpool University), ogorelkina@gmail.com.
  • Sanxi Li (2011, Assistant Professor Riemin University, Beijin), lisanxi@gmail.com.
  • Arve Malin (2011, Assistant Professor NHH Bergen), malin-arve@hotmail.com.
  • Xundong Yin (2011, Assistant Professor Beijin), yinxundong@yahoo.com.cn.
  • Eren Gunay (PhD Toulouse 2012).
  • Pedro Hemsley (PhD Toulouse 2013, PUC Rio).
  • Perrin Lefebvre (PhD Paris School of Economics, 2014).
  • Andreea Enache (PhD Paris School of Economics, 2015, Postdoctorate Bocconi Milan).
  • Manuel Marfan Sanchez (PSE) (PhD Paris School of Economics, 2016, Consulting).
  • Alexis Berges (Paris School of Economics/Ponts).
  • Guillaume Pommey (Paris School of Economics/ENS Cachan).
  • Aurore Staes (Paris School of Economics/ENS Cachan)