"Exit, Voice, and Loyalty" (A.O. Hirschman 1970) is a theoretical concept derived from the work of Albert O. Hirschman (1970) which is focused on two essential options in organizatios and products decline, being "exit" and "voice".The basis concept is as follows: members of an organization,...

This is a short survey on consumption theory. Consumption is important to both fluctuation and growth. In addition, consumption introduces some important issues involving financial markets and portfolio decisions. We will describe consumption decisions in a dynamic context. Uncertainty about...

This paper concerns a non-rigorous introduction to the theory of the "conditioning cognitive-behavioural" (or C-C-C). Rather it will be introduced a consumer approach which well explains the non-rational buy-actions with respect to several goods. In few words it will be considered a new...

Tibor Scitovsky has struggled over the years to give us a precise definition of "quality", but it has generally been related to "joy" in consumption. His book THE JOYLESS ECONOMY (1976), remains a major critique of modern and especially economic values. Based on "Happiness Paradox", in this...

La letteratura economica si è occupata dell'analisi dell'esternalità principalmente da un punto di vista normativo. In questo lavoro, invece, si presenta una rassegna dell'analisi positiva dell'esternalità nel consumo, evidenziandone poossibili estensioni e approfondimenti. Si pongonono...

Both relational and positional goods are based upon an idea of joint consumption - thought with opposite signs. In both cases, agents are not self-regarded, but their consumption choices are other-regarded. Moreover, relational good lies on identity of its consumers. It implies a certain degree...

Italian abstract: Derivazione del surplus del consumatore e del produttore in contesto di variabili continue e discrete.English abstract: Derivation of consumer and producer surplus in the continuous and discrete case

Italian Abstract: In queste note si cerca di evidenziare come l'asset pricing, nel contesto di stati di natura discreti emercati completi, sia un metodo per spostare ricchezza attraverso gli stati di natura, per ottenere un consumo il più possibile omogeneo nei diversi stati di natura....

Despite the fact that in 2011 Italy will celebrate the 150th anniversary of its political unification, geographical disparities stand out as a prominent characteristic of the country. The paper estimates the trend of the cost-of-living differentials across regions in the half-century after the...

The paper show how changes in the state of credit may cause instability in the output and in the employment levels. The model revised Delli Gatti and Gallegati's version of the contribution by Greenwald and Stiglitz (1993) in a contest characterized by imperfect competition in the goods market...