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Bajari, Patrick; Houghton, Stephanie; Tadelis, Steven - Fondazione ENI Enrico Mattei (FEEM) - 2004

When procurement contracts are incomplete, they are frequently changed after the contract is awarded to the lowest bidder. This results in a final cost that differs from the initial price, and may involve significant transaction costs due to renegotiation. We propose a stylized model of bidding...

Persistent link: https://www.econbiz.de/10005570367

Destination Image Built by the Cinema: The Case of “Basilicata Coast to Coast”

Bencivenga, Angelo; Chiarulo, Livio; Colangelo, Delio; … - Fondazione ENI Enrico Mattei (FEEM) - 2012

Film tourism, meaning the phenomenon that is born of the desire to visit film locations, has been the object of … the effects of the film "Basilicata Coast to Coast", by Rocco Papaleo, on tourism in Basilicata, (a small region in the … South of Italy) after its success at the box office and several Italian awards. The film, planned with the involvement of …

Persistent link: https://www.econbiz.de/10010603770

Economics of Literary Translation. A Simple Theory and Evidence

Weber, Shlomo; Ginsburgh, Victor; Weyers, Sheila - Fondazione ENI Enrico Mattei (FEEM) - 2008

Books are an important factor of cultural transmission, but need, in most cases, to be translated. According to some authors, this may lead to a form of cultural domination of English. The population speaking English as a first language is, with the exception of Mandarin, the largest in the...

Persistent link: https://www.econbiz.de/10005230896

Intermediation in Networks

Siedlarek, Jan-Peter - Fondazione ENI Enrico Mattei (FEEM) - 2012

This paper studies bargaining and exchange in a networked market with intermediation. Possibilities to trade are restricted through a network of existing relationships and traders bargain over the division of available gains from trade along different feasible routes. Using a stochastic model of...

Persistent link: https://www.econbiz.de/10010555589

Is the Value of Bioprospecting Contracts Too Low?

Markandya, Anil; Nunes, Paulo A.L.D. - Fondazione ENI Enrico Mattei (FEEM) - 2010

In order to regulate the proliferated bioprospecting and protect the biological diversity in the source countries, the Convention on Biological Diversity (CBD) established a legal framework for the reciprocal transfer of biological materials between the interested parties in bioprospecting...

Persistent link: https://www.econbiz.de/10008828411

Urban Network Economics and the Environment: Insights and Perspectives

Currarini, Sergio; Marchiori, Carmen; Tavoni, Alessandro - Fondazione ENI Enrico Mattei (FEEM) - 2014

Recent research in the field of network economics has shown how explicitly modelling the network structure of social and economic relations can provide significant theoretical insights, as well as account for previously unexplained empirical evidence. Despite their critical importance to many...

Persistent link: https://www.econbiz.de/10010833924

Formation of Bargaining Networks Via Link Sharing

Priazhkina, Sofia; Page, Frank - Fondazione ENI Enrico Mattei (FEEM) - 2014

This paper presents a model of collusive bargaining networks. Given a status quo network, game is played in two stages: in the first stage, pairs of sellers form the network by signing two-sided contracts that allow sellers to use connections of other sellers; in the second stage, sellers and...

Persistent link: https://www.econbiz.de/10010781881

The Sixth Framework Program as an Affiliation Network: Representation and Analysis

Frachisse, David; Billand, Pascal - Fondazione ENI Enrico Mattei (FEEM) - 2008

In this paper, we compare two different representations of Framework Programs as affiliation network: “One-mode networks”' and “Two-mode networks”'. The aim of this article is to show that the choice of the representation has an impact on the analysis of the networks and on the results...

Persistent link: https://www.econbiz.de/10004965205

Power in the Heterogeneous Connections Model: The Emergence of Core-Periphery Networks

Persitz, Dotan - Fondazione ENI Enrico Mattei (FEEM) - 2009

The heterogeneous connections model is a generalization of the homogeneous connections model of Jackson and Wolinsky (1996) in which the intrinsic value of each connection is set by a discrete, positive and symmetric function that depends solely on the types of the two end agents. Core periphery...

Persistent link: https://www.econbiz.de/10005008023

Under-connected and Over-connected Networks

Hellmann, Tim; Buechel, Berno - Fondazione ENI Enrico Mattei (FEEM) - 2009

Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71, 44-74] it has been widely acknowledged that the formation of social networks exhibits a general conflict between individual strategic behavior and collective outcome. What has...

Persistent link: https://www.econbiz.de/10005008043