In this paper we compare the properties in terms of rent extraction of Hotelling spatial competition and monopoly franchises using Dutch first price auctions, two of the most widely used tools to regulate public service provision. In a framework where the regulator can imperfectly observe costs,...

Italian wine is one of the most famous products worldwide and yet very little is known about the main determinants of its price, especially on the domestic market.In this article we show the main determinants of price for Italian red wine sold on the domestic market through the estimation of an...

The paper studies the incentive for providers to invest in new health care technologies under alternative payment systems, when the patients' benefits are uncertain. If the reimbursement by the purchaser includes both a variable (per patient) and a lump-sum component, efficiency can be ensured...

Patient mobility is a key issue in the EU who recently passed a new law on patients' right to EU-wide provider choice. In this paper we use a Hotelling model with two regions that differ in technology to study the impact of patient mobility on health care quality, health care financing and...

Most tax evasion models are set in a timeless environment and assume that only income flow can be evaded. This framework is not suitable for financial market where an evasion decision is taken in an intertemporal framework and an asset itself can be evaded. We assume that a representative agent...

Health care provision in the public sector is increasingly oriented towards a reduction of vertical integration through fairly heterogeneous methods as concerns the contractual rules and the actors that are allowed to compete. In this paper we model the choice of a benevolent regulator that...

In this article we show that when the provision of paternalistic goods is entwined with income distribution, the political decision process may prevent welfare maximization. We model the decision process from a political economy perspective by assuming that the quantity of a paternalistic good...

We use a unique dataset to estimate the hedonic price function for Italian red wine sold on the Italian market in the period 2006-2008. For each bottle considered, the dataset allows us to know several characteristic such as the price by retail channel (price in supermarkets and in wine shops),...

We model tax evasion in the context of an endogenous growth model with two actors: a private agent and the government. The private agent invests his/her endowment of physical capital in the production of a private good. The income derived is used for consumption activities and to finance a...