In this paper, we propose a measure of riskiness of PE assets alternative to the CAPM derived beta coefficient usually suggested in the literature on performance of PE Funds. We assume that at any given point in time there exist alternative investment opportunities that may be classified into a...

This paper presents a two-period model of branching behaviour and competition in retail banking. It extends a static model, from which it borrows most of its theoretical underpinnings, by adding information on banks branching strategies under the (realistic) assumption that it takes time and...

The paper presents the second step of an ambitious research project, which has the aim to provide territorial scenarios of the New Europe in 15 years, developed under different hypotheses on the most important driving forces of change in the fields of economy, demographic, society, technology...