One of the problems of using the financial options methodolgy to analyse investment decisions is that strategic considerations become extremely important. So, the theory of real option games combines two successful theories, namely real options and game theory. The value of flexibility can be...

Focusing on the graduates of the University of Foggia that are employed, we analyze their satisfaction with respect to the instruments given by the University to afford their actual job. By some structural equation model we have fund relations between observed and latent variables, particularly...

Taking into consideration the Italian manufacturing sector, the main purpose of this paper is to test some predictions arising from models with monopolistic competitive market. In particular, we want to investigate the two following issues. First, to what extent intra-industry trade and...

In this paper, we investigate on the determinants of the size of shadow economy (SE) in Latin America. While the analysis of economic causes of SE has been extensively studied in literature, here we offer a wider prospective. In addition to overall economic development, unemployment rate, and...

This paper introduces an estimator for the correlation based on the signs of observations. Its asymptotic distribution is normal, it does not depend on the variance structure and it is invariant with respect to a wide class of models. Moreover, it is particularly suitable to study the...

This paper shows that linear functions of order statistics (L-statistics) based on random samples have a Fundamental Skew distribution (Arellano-Valle Genton, 2003). The paper also examines the exact distribution of L-statistics when the sampled population is Skew Normal. Exact distributions of...

L'utilizzo delle risorse idriche per l'irrigazione delle colture comporta numerosi benefici diretti sia per gli agricoltori (aumento del reddito e riduzione del rischio) che per i consumatori (sicurezza negli approvvigionamenti, diversificazione delle produzioni agricole). Oltre ad avere...

The main dynamics of capitalism is the creation of overproduction in order to search for an internal and foreign market outlet. While increasing the overproduction, both the expansion process and the internationalization of consumption raise. The context just described leads to think about the...

Questo lavoro, attraverso lo studio di modelli per la gestione delle risorse rinnovabili, studia giochi differenziali con orizzonti asincroni e in particolare in presenza di giocatori non perfettamente simmetrici.

This paper has a twofold aim: the former is to focus on the concept of well-being/quality of life and its relationships with local sustainable development and the latter is to apply the capability approach at regional level. More specifically, one wants to analyse if sustainable development at a...