In recent years, it has become evident that pure monetary measures cannot represent the poverty phenomenon faithfully. Poverty involves many different aspects of life that can be hardly condensed in a single monetary indicator. People can be poor in different ways, at different degrees and from...

Different indexes are used in electricity markets worldwide to represent the daily behavior of spot prices. However, the peculiarities of these markets require a careful choice of the index, based on mathematical formulation and its statistical properties. Choosing a bad index may influence the...

The geo-logarithmic family of price indexes constitutes an interesting parametric class of index numbers for price comparison, due to the properties satisfied by its members, together with their cofactors. The family was introduced in the early ’90s, as a generalization of the Sato-Vartia...

In the axiomatic approach to composite index numbers, a list of properties is given that both price and quantity indices should satisfy in order to ensure consistent comparisons. Usually, the price index is selected first and its cofactor is consequently adopted as the (implicit) quantity index....

Poverty is a multidimensional, fuzzy and complex phenomenon that cannot be faithfully represented by mono-dimensional monetary indicators. In the last years, much research has been devoted to tackle poverty fuzziness, while less attention has been paid to poverty complexity. In this paper, we...

In this paper, we propose a new least-squares based procedure to extract exogenous and endogenous latent variables in formative-reflective structural equation models. The procedure is a valuable alternative to PLS-PM and Lisrel; it is fully consistent with the causal structure of...

It is generally agreed that poverty cannot be faithfully represented by a single monetary measure. Poverty involves many different aspects of life, and people can be poor in different ways, to different degrees and from several points of view. For this reason, fuzzy multidimensional indicators...

The analysis of financial markets usually assumes that trades are centralized and open to all investors. Investors are typically price takers. A relatively recent interest has been devoted to local markets open to a limited number of traders. Such markets may be fruitfully analyzed by means of...

In this work we study the time evolution of interlocking directorates in Italy from 1998 to 2011 by means of dynamical networks. Our purpose is to assess if in Italy there is a connected and stable structure, due to the presence of directors with multiple mandates, like it happens in the German...