The purpose of this paper is that of extending the model of Resolute Choice (McClennen 1990) to a situation of interaction and comparing its performance with the Sophisticated-subgame perfect equilibrium model in an experiment. A non-cooperative game in which two players with different...

Business incentive programs have been increasingly popular within the EU as regional economic development tools to promote employment growth in areas with severely distressed and/or declining socio-economic conditions. Reliable evidenced on the effective net employment impact of such initiatives...

This paper considers the problem of voting about the quantity of a public good. An experiment has been run in order to test the extent of the strategic bias that arises in the individual vote when the social choice rule is to select the mean of the quantities voted for; conflicting theoretical...

This paper analyses the performance of an investment in sculptures during the period 1987-1995 by applying the hedonic price technique with time dummy variables to a sample of over 27,000 sales occured at auctions. The main finding is that the trend of the rate of return on an investment in...

This paper analyzes the welfare losses deriving from centralized, uniform levels of public provision of good and services deriving from standards set up by a given level of government. The aim of the paper is to contribute to the growing literature on the e?ective outcomes of decentralization by...

La discrezionalita'  e' un elemento ineludibile dell'azione amministrativa. Essa deriva dall'incompletezza dei contratti e dalle asimmetrie informative che caratterizzano ogni relazione di agenzia. Pur costituendo una risorsa di crescente rilievo dei sistemi amministrativi pubblici, la...

This paper focuses on the question of how income inequality between two jurisdictions impacts upon government decision-making affecting the size of the public sector. We model policy choices as the outcome of regional representatives'negotiations in the legislature. We show that the more unequal...

Many episodes of extension of franchise in the 19th and especially in the 20th century occurred during or in the aftermath of major wars. Motivated by this fact, we offer a theory of political transitions which focuses on the impact of international conflicts on domestic political institutions....

This paper measures the short term economic impact of the University of Piemonte Orientale (Italy) on the geographic area which defines its demographic recruitment basin. The 3 poles University has a significant impact on current flows (income, consumption, investments, employment ) even if the...

Il propensity score (Rosemabum e Rubin,1983) è ormai diventati l'approccio predominante nella letteratura della stima dei casual treatment effect. Tuttavia, recentemente i principali istituti nazionali di statistica hanno utilizzato tale strumento per integrare informazioni...