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political connections on access to a specific external resource – government subsidies – in China. Design …/methodology/approach – This study proposes that managerial political connections help firms gain access to government subsidies; in addition … managerial political connections play a significant positive impact on obtaining government subsidies only when managerial …
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This contribution revisits the problem of allocating R&D subsidies by government agencies. Typically, the applicants …-post rationality, while observing the budget constraint. We test the auction in Monte-Carlo simulation and discuss its applicability …
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A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by observable …
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This paper provides factual evidence on the extent of public intervention in the Italian economy. It further illustrates the internal contradictions and weaknesses of public action in Italy. New policy proposals to solve old structural problems of the Bel Paese are then discussed. Among them, a...
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number of policy steps would help to improve the situation. These include better thought out and better written legislation …
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