To give sucient conditions for Nash Equilibrium existence in a continuous game is a central problem in Game Theory. In this paper, we present two games in which we show how the continuity and quasi-concavity hypotheses are unconnected one to each other. Then, we relax the quasiconcavity...

In this paper we propose a static model describing the commercial exploitation of a common property renewable resource by a population of agents. Players can cooperate or compete; cooperators maximize the utility of their group while defectors maximize their own profit. The model provide for one...

Long Term Fixed Income Market securities present a strong positive correlation in daily returns. By using a metrical approach and considering "modified" time series, I show how it is possible to show a more complex structure which depends strictly on the maturity date.

L'Economia del Benessere, che deve la sua denominazione all'opera omonima di Arthur C. Pigou del 1920, si costituisce come discorso scientifico sulla base della filosofia etica utilitaristica basata sulla valutazione della bonta' di un'azione in termini di bilancio tra sensazioni di piacere e di...

The traditional NPV (Net Present Value) method doesn't value opportunely the e-commerce investment projects which are characte\-rized by initial limited cash flows and a high uncertainty. The real options theory instead individuates the strategical opportunities as basic part of the project...

In the last 20 years, the concept of ‘Sustainable Development’ (SD) has become very popular and wide spread in the world. In particular, the environmental dimension of SD asks for new ways to accomplish enhanced quality of life with reduced environmental impact. As a consequence, innovations...

By using Italian provincial level data, this paper aims to examine the effects of environmental regulation on international trade flows. The empirical analysis has been organized into two steps. Firstly, we have classified the manufacturing sectors in "clean" and "dirty" according to their air...

We present a methodology to model electricity price dynamics by applying the interest rate theory toolkit. We construct the electricity market following [16] and applying the Heath, Jarrow and Morton ([7]) model. The electricity returns forward curve evolution using the Regime Switching...