Working Papers

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150: We present a model where a society elects a parliament by voting for candidates belonging to two parties. The electoral rule determines the seats distribution between the two parties. We analyze two electoral rules, multidistrict majority and single-district proportional. In this framework, the policy outcome is simply a function of the number of seats parties take in the election. We prove that in both systems there is a unique pure strategy perfect equilibrium outcome. Finally, we compare the outcomes in the two systems

Francesco De Sinopoli, Leo Ferraris and Giovanna Iannantuoni

149: Endogenous Market Structures and Strategic Trade Policy

Federico Etro

148: Experiments with the Traveler's Dilemma: Welfare, Strategic Choice and Implicit Collusion

Mariapia Mendola and Gero Carletto

147: Experiments with the Traveler's Dilemma: Welfare, Strategic Choice and Implicit Collusion

Kaushik Basuy, Leonardo Becchetti and Luca Stanca

146: Energy Supply And Economic Development In Italy: The Role Of The State-Owned Companies

PierAngelo Maria Toninelli

145: How to be kind? Outcomes versus Intentions as Determinants of Fairness

Luca Stanca

144: With or Without You? Measuring the Quality of Relational Life Throughout the World

Luca Stanca

143: Le determinanti dei prezzi delle abitazioni: aspetti microeconomici

Luca Stanca

142: Trend inflation as a workers disciplining device in a general equilibrium model

Giovanni Di Bartolomeo, Patrizio Tirelli and Nicola Acocella

141: Flexicurity and Workers Well-Being in Europe: Is Temporary Employment Always Bad?

Federica Origo and Laura Pagani

140: The Geography of Economics and Happiness

Luca Stanca

139: Agency and communication problems in IMF conditional lending

Silvia Marchesi and Laura Sabani

138: Federalism, Education-Related Public Good and Growth when Agents are Heterogeneou

Floriana Cerniglia and Riccarda Longaretti

137: Why Pro-Defendant Criminal Procedure Might Hurt the Innocent

Matteo Rizzolli and Nuno Garoupa

136: Building encroachments

Matteo Rizzolli

135: Real Business Cycles with Cournot Competition and Endogenous Entry

Andrea Colciago and Federico Etro

134: The Impact of Training on Productivity: Evidence from a Large Panel of Firms

Emilio Colombo and Luca Stanca

133: Some Policy Issues on Open Source and Proprietary Software

Graziella Marzi

132: Between Agnelli and Mussolini: Ford’s unsuccessful attempt to penetrate the Italian automobile market in the interwar period

PierAngelo Maria Toninelli

131: Measuring Indirect Reciprocity: Whose Back Do We Scratch?

Luca Stanca

130: Uncertainty, Information, and Trust in Banking Intermediation

Enzo Dia

129: Investment and External Finance: An Empirical Analysis

Fabrizio Casalin and Enzo Dia

128: The Expectations Hypothesis of Term Structure of Interest Rates Revisited

Fabrizio Casalin

127: Single versus Multiple Prize Contests to Finance Public Goods: Theory and Experimental Evidence

Marco Faravelli and Luca Stanca

126: Endogenous Market Structure and the Business Cycle

Andrea Colciago and Federico Etro

125: Social Determinants of Labor Market Status of Ethnic Minorities in Britain

Martin Kahanec and Mariapia Mendola

124: The Politics of IMF Forecasts

Axel Dreher, Silvia Marchesi and James Raymond Vreeland

123: Cooperation without Punishment

Stefania Ottone and Ferruccio Ponzano

122: Endogenous Entry and Antitrust Policy

Federico Etro

121: Stackelberg competition with endogenous entry

Federico Etro

120: Public-Private Partnerships

Federico Etro

119: Infrastrutture e Crescita

Federico Etro

118: The allocation of competences between the European Union and the Member States: an analysis of the determinants of Europeans’ preferences

Floriana Cerniglia and Laura Pagani

117: Un Modello Dinamico del Consumatore con Razionalità Limitata e Analisi Globale

Ahmad K. Naimzada and Fabio Tramontana

116: Public expenditure and growth volatility: do "globalisation" and institutions matter?

Fabrizio Carmignani, Emilio Colombo and Patrizio Tirelli

115: How defensive were lending and aid to HIPC?

Silvia Marchesi and Alessandro Missale

114: IMF concern for reputation and conditional lending failure: theory and empirics

Silvia Marchesi and Laura Sabani

113: Distortionary Taxation, Rule of Thumb Consumers and the Effect of Fiscal Reforms

Andrea Colciago

112: The Atlantic divide: methodological and epistemological differences in economic history

PierAngelo Maria Toninelli

111: Dynamic Effects of Increasing Heterogeneity in Financial Markets

Ahmad K. Naimzada and Giorgio Ricchiuti

110: Single Equation Models, Co-Integration and the Expectations Hypothesis of the Term Structure of Interest Rates

Fabrizio Casalin

109: Testing Theories of Reciprocity: Do Motivations Matter?

Luca Stanca, Luigino Bruni and Luca Corazzini

108: A Prize to Give for: An Experiment on Public Good Funding Mechanisms

Luca Corazzini, Marco Faravelli and Luca Stanca

107: Socio-political and economic determinants of de facto monetary institutions and inflationary outcomes

Fabrizio Carmignani, Emilio Colombo and Patrizio Tirelli

106: Mann Iterations with Power Means

Ahmad K. Naimzada and Gian Italo Bischi (Gian-Italo Bischi and Gian-Italo Bischi)

105: The Non-monotonic Relationship between Taxation and Long Term Equilibrium in a Model of Endogenous Lifetime and Economic Growth

Ahmad K. Naimzada and Giorgio Ricchiuti

104: Heterogeneous Fundamentalists and Imitative Processes

Ahmad K. Naimzada and Giorgio Ricchiuti

103: Market Leaders and Industrial Policy

Federico Etro

102: The Important Thing Is not (Always) Winning but Taking Part: Funding Public Goods with Contests

Marco Faravelli

101: Strategic Export Promotion

Federico Etro