The two-type model of non-linear income taxation with asymmetric information on individual ability levels is extended to discuss welfare effects of two policy instruments: a pure public good and a publicly provided private good. This latter is interpreted as health care. Three different cases...

A number of papers have empirically investigated the rational addiction model proposed by Becker and Murphy (1988) by using data on different harmful drugs; but also activities independent of a biological or pharmaceutical dependency have been analysed, such as cinema. The purpose of this paper...

There are many types of wines. Wine may be classified as traditional such as Barbaresco or Barolo (among the others), or international, such as the case of Merlot, Sauvignon, etc. Do objective and sensory characteristics impact di?erently on prices according to the wine variety? Using a sample...

Colombia is neither waging war against external enemies, nor has a dictatorial government engaged in a large scale repression of insurrection. However, it is possibly the most violent country of the world. Despite a number of papers focusing on the effects of violence on democracy in Colombia,...

A number of papers have empirically investigated the rational addiction model proposed by Becker and Murphy (1988) by using data on different harmful drugs, like cigarettes, alcohol, caffeine, opium, cocaine; but also activities independent of a biological or pharmaceutical dependency have been...

Using a sample based on 268 questionnaires submitted to people attending the Acquatico Bellucci circus, Italy, this paper analyzes the circusgoers's preferences for circus animals. Results show that higher preferences for circus animals are related to frequency of consumption. However,...

The repeat-sales model controls quality by utilizing the transacted prices of the same items in di.erent time periods. However, this methodology suffers from non-randomness of the data, implying that a sample based only on repeat-sales items may not represent the population of properties. To...

Public expenditure reduction in Italy is achieved through a revision of social security and health care programmes. In particular, public health expenditure control has been implemented through a reform that imposes more stringent budget rules at local level and a considerable reduction in the...

Despite its importance, circus has been completely neglected by cultural economics. There are two main reasons for this: first, circus has been considered as a minor performing arts; secondly, quantitative information on circus are di?cult to collect. This paper represents an attempt to fill...

Although circus represents one of the most accessible art forms, the economics of the arts and culture has completely neglected to address this topic. This paper represents an attempt to fill in this lack by identifying the determinants of the demand for circus in Italy, both in terms of...