Cooperative investments in R&D are a significant driving force of the modern economy. As it well-known, the R&D investments are uncertain and the strategic alliances create synergies and additional information that increase the success probabilities about R&D projects. The theory of real option...

In this paper we discuss the modelling of electricity contracts traded in the Italian market. We directly model the forward price of the electricity. We apply the Heath Jarrow Morton model in order to simulate the forward rate dynamics and evaluate first the forward price with instantaneous...

The Minority Game comes from the so-called "El Farol bar" problem by W.B. Arthur. The underlying idea is competition for limited resources and it can be applied to different fields such as: stock markets, alternative roads between two locations and in general problems in which the players in the...

The potential linkage between international trade and economic growth is always at the core of large and intense debates amongst academic researchers and policy makers. Recently, the attention is increasingly moving towards the exporting-productivity relationship, acknowledging the important...

Il sistema bancario italiano e' stato interessato da un profondo processo di ristrutturazione a partire dagli anni novanta. Gli esiti della liberalizzazione del settore e del conseguente fenomeno di concentrazione sono tuttora non completamente indagati. Questo lavoro utilizza tecniche...

The ongoing process of international economic integration has induced several academic researchers and policy makers to deepen increasingly issues about the relationship between international trade and economic growth. More in particular, the attention is increasingly focusing on the link...

: In questo studio un modello geo-additivo e' stato utilizzato per analizzare la distribuzione spaziale del tasso di assorbimento del sodio nella zona costiera di Muravera-Villaputzu (CA) per individuare le cause che ne hanno determinato leccessivo grado di salinita', dannoso per le colture...