<title>Abstract</title> The article analyses the reform of water and sanitation services in Italy, which was introduced in 1994 and is still not fully implemented in many important respects. The introduction of a purchaser--provider split as envisaged in the national reform has had to come to terms with local...

Purpose: The purpose of this paper is to examine which individual traits of financial advisors influence portfolio transfer speed when a financial advisor recommends investors to migrate to a new financial intermediary. Design/methodology/approach: With reference to the years 2014–2016, one...

Purpose: This paper sets out to corroborate the existing literature on investors' risk tolerance and to assess how the 2008 financial crisis has affected risk tolerance among Italian investors. Design/methodology/approach: Based on a unique dataset of real-world portfolio choices made by 1,245...