The paper extensively studies the static model of non-cooperative linear quadratic games in which a set of agents chooses their instruments strategically to minimize their linear quadratic criterion. We first derive the necessary and sufficient conditions for the existence of a Nash equilibrium...

This paper investigates the behaviour of the “couch potato” audience in regards to the Italian Football League - Serie A - during the 2008/09 season. Using data from 380 matches, we considered a collection of variables suitable to influence the share of TV audience of satellite television....

Recent developments in macroeconomics resurrect the view that welfare costs of inflation arise because the latter acts as a tax on money balances. Empirical contributions show that wage re-negotiations take place while expiring contracts are still in place. Bringing these seemingly unrelated...

By introducing the concepts of implicit coalitions and conflict of interests in a multiple-player context, this paper generalizes some theorems on policy invariance and equilibrium existence and uniqueness for LQ policy games.

L’idea di questo lavoro è quella di tracciare un profilo del cosiddetto lavoratore povero, ovvero delle persone che pur essendo occupate, percepiscono un basso reddito, normalmente inadeguato rispetto ai bisogni di mantenimento di sé e dei familiari a carico. Si tratta di una prima analisi...

This paper aims to investigate the dynamics of seasonal competitive balance in Italian Serie A in the last 45 years. Starting from the critics against the stylized conditions of worst competitive balance and using a taxonomic approach it provides a prominent role to the round played and to the...

This paper analyzes the relation between inflation, output and government size by reexamining the time inconsistency of optimal monetary and fiscal policies in a general equilibrium model with staggered timing structure for the acquisition of nominal money a la Neiss (1999), and public...

The title of this paper was inspired by an etymology formulated in 1929 by a famous Gold Coast maìtre-a-penser, J. de Graft Johnson. He explained the most common akan1 term for a chief ohene as a derivation from hye, boundary, with the meaning of “he who would decide the ohi (boundary)...

This paper shows the relationship between static controllability (the well-known Tinbergen golden rule), and the existence and other properties of the Nash equilibrium in a dynamic setting with rational expectations for future behavior. We show how to determine the existence of equilibrium...