The economy of the historical Catalan town of Alghero, situated in the North-West coast of Sardinia (Italy), is highly influenced by the trend and dynamics of tourism activity. However, the higher the number of tourists in a certain location the greater the costs associated with negative...

Fishing resources are classified as a “commons good,” that is they are highly non-excludable and rival. This characteristic leads to the so-called tragedy of the commons, the tendency for a good that has no price to be used until its marginal benefit falls to zero. In this paper, a win-win...

This paper assesses the factors that influence the risk exposure. The cross sectional data are from a recent portfolio for bankcards issued throughout Italy. A multinomial logit framework estimates the probability to incur in one of eleven flagged risk categories depending on a set of...