In this paper we study a differential game, for the extraction activity of a renewable good, in which players are overlapping generations. The framework of overlapping generations allows us to consider intragenerational (players in the same generation) and intergenerational (players in different...

In this paper we study a di®erential game, for resource extraction of a renewable good, in which players are overlapping generations of extractors. The framework of overlapping generations allows us to consider intragenerational (players in the same generation) and inter- generational (players...

In this paper we consider financial time series from U.S. Fixed Income Market, S&P500, DJ Eurostoxx 50, Dow Jones,Mibtel and Nikkei 225. It is well known that financial time series reveal some anomalies regarding the EfficientMarketHypothesis and some scaling behaviour, such as fat tails and...

Nell’ambito della complessa riforma delle politiche di finanziamento del sistema universitario nazionale, si inserisce anche la nuova regolamentazione della ripartizione del Fondo di Finanziamento Ordinario (FFO), che vincola parte della stessa ad una specifica valutazione (ex-post) effettuata...

The new Italian regulation for the distribution of the Ordinary Financing “public” Fund (FFO) is included in the framework of the reformation of the University System financing politics. A part of the FFO is bound by a specific merit rating performed by the C.N.V.S.U. (forthcoming...

This paper aims to shed new light on start-up financing of new technology-based firms (NTBFs) and the existence of credit constraints that may negatively affect their activity. For this purpose, we analyze the different sources of start-up financing used by NTBFs and investigate several...

This article explores the possibility that under an intensely negative industry-specific shock, the commonly detected positive relationship between the human capital of founders and the survival prospects of start-up businesses may actually be reversed. Starting from an analysis of the issue...