A coalition is usually called stable if nobody has an immediate incentive to leave or to enter the coalition since he does not improve his payoff. This myopic behaviour does not consider further deviations which can take place after the first move. Chwe (1994) incorporated the idea of a...

Exchange options give the holder the right to exchange one risky asset V for another risky asset D. The asset V is referred to as the optioned (underlying) asset, while D is the delivery asset. So, when an exchange option is valued, we generally are exposed to two sources of uncertainity, namely...

In this paper we propose a mathematical model with time delay to describe the process of the diffusion for a new technology. This model is suitable for modelling diffusion processes of all those technologies, such as technologies used for producing renewable energy, that require great initial...

This article describes a methodology for evaluating R&D investment projects using Monte Carlomethods. R&D projects generally involves multiple phases with or without overlapping. R&D investments are made often in a phased manner, with the commencement of subsequent phase being dependent on the...

Nel presente lavoro si analizza la domanda di edilizia residenziale da parte degli studenti iscritti presso il polo didattico foggiano delle Universita' degli Studi di Foggia e di Bari e del Politecnico di Bari, per definire il corretto dimensionamento dei progetti delle residenze universitarie,...

This paper aims to give a comparative analysis on the different enforcement approaches in respect to both civil and common law systems (i.e. Europe vs. USA) by analyzing some crucial aspects of their underlying normative systems. Therefore, the role of the juridical institutions in these two...

In the complex frame of the EU agriculture politics, a particular relevant aspect is given by the new regulation on durum wheat production and diffusion incentives. These subsidies are assigned according to a particular indicator (Quality Global Index - QGI), built up through a weighted mean of...