This paper attempts to shed light on some factors determining the duration of disputes. To this aim a unique database is used, accounting for eight hundred judgments rendered by the Italian Regional Administrative Courts from 2000 to 2007. Our findings confirm that normative complexity hampers a...

Using an endogenous growth model where the discount rate is a function of consumption, we show that the condition in which the elasticity of the marginal utility of consumption is greater than 1 ensures, at the same time, the existence of an unique saddle point equilibrium and the maximization...

In this article we apply and extend the model elaborated by Acemoglu and Verdier in their seminal paper (2000), to examine how the economy represented in their theoretical framework responds to an exogenous change in the agent's incentive. In particular, we focus on the consequences of a famous...

In this paper we use Pindyck’s model (2002) to show that the discount rate may play an important role in explaining for the income-pollution pattern observed in the real world. Low levels of income involve high values of discount rate, that are obstacles to the adoption of a pollution...

In the last decade an increese in of alcoholic beverage consumption outside mealtimes has been observed all over Italy, especially amoung young people over a wide age-range. Although the Italian culinary tradition is closely related to the wine consumption, high levels of market penetration by...