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Siting public facilities: a theoretical and empirical analysis of the Nimby syndrome in Italy

Occhilupo, Roberta; Palumbo, Giuliana; Sestito, Paolo - Banca d'Italia - 2011

operating costs across sites. The elicitation of preferences is better pursued through auction-like mechanisms rather than …

Persistent link: https://www.econbiz.de/10009020154

Sorting, reputation and entry in a market for experts

Sette, Enrico - Banca d'Italia - 2009

different reputation, changes in the information on good performance as a signal of an expert's talent, and changes in the …

Persistent link: https://www.econbiz.de/10008527062

Competing influence

Sette, Enrico - Banca d'Italia - 2008

This paper investigates the incentives of experts competing to influence decision making. Competition for influence is shown to have an ambiguous effect on truthtelling incentives and a decision maker might be better off relying on one source of information only. This result has important...

Persistent link: https://www.econbiz.de/10005609367

Securitization is not that evil after all

Albertazzi, Ugo; Eramo, Ginette; Gambacorta, Leonardo; … - Banca d'Italia - 2011

) and building up a reputation for not undermining their own lending standards. …

Persistent link: https://www.econbiz.de/10008867443

Banksï¿½ participation in the Eurosystem auctions and money market integration

Bruno, Giuseppe; Ordine, Ernesto Maurizio; Scalia, Antonio - Banca d'Italia - 2005

Persistent link: https://www.econbiz.de/10005196851

When the highest bidder loses the auction: theory and evidence from public procurement

Decarolis, Francesco - Banca d'Italia - 2009

procurement auctions, run alternately using a form of the average bid auction or the augmented first price, to structurally … default on his bid: augmenting the standard first price auction with an ex-post verification of the responsiveness of the bids … and using an average bid auction. I show that when penalties for defaulting are asymmetric across bidders and when their …

Persistent link: https://www.econbiz.de/10005029278

The awarding of public works in Italy: an analysis of the mechanisms for the selection of contractors

Decarolis, Francesco; Giorgiantonio, Cristina; … - Banca d'Italia - 2010

; iii) stronger anti-corruption measures; iv) more standardized planning and, for the more complex auctions, competitive …

Persistent link: https://www.econbiz.de/10008764021

Export prices, product quality and firms' characteristic: An analisys on a sample of Italian firms

Bugamelli, Matteo - Banca d'Italia - 2007

The unsatisfactory performance of Italian export volumes in the last decade has been attributed to three factors; the product specialization still centered around traditional sectors, the small firm size and the exceptional rise in export unit values. This paper analyzes the latter with the aim...

Persistent link: https://www.econbiz.de/10005609351

Quality upgrading of Italian manufactures: evidence from firmsï¿½ prices and strategies

Giacinto, Valter Di; Micucci, Giacinto - Banca d'Italia - 2011

Even before the global crisis, the Italian economy was in difficulties internationally, but slow growth and a declining share of world trade were accompanied by a perceptible process of manufacturing transformation. This paper, using data from the Bank of Italyï¿½s survey of manufacturers,...

Persistent link: https://www.econbiz.de/10009020151

PRICES, PRODUCT DIFFERENTIATION AND QUALITY MEASUREMENT: A COMPARISON BETWEEN HEDONIC AND MATCHED MODEL METHODS

Tomat, Gian Maria - Banca d'Italia - 2005

The paper provides an analysis of the problems of construction of quality-adjusted price indexes within the framework of the theory of product differentiation. In the general case of price-making behaviour on the part of firms, hedonic regressions are defined on the basis of reduced forms of the...

Persistent link: https://www.econbiz.de/10005113635