Articles - Economics and Management
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Numeraire dependence in risk-neutral probabilities of event outcomes
(2019)For most non-financial events, risk-neutral outcome probabilities are identical across numeraire currencies. Some events, however, such as elections or referendums, may have an impact on exchange rates. This implies numeraire ... -
Do Librarians Discriminate?
(2018) -
Knighthoods, damehoods, and CEO behaviour
(Elsevier B.V., 2019)We study whether and how politicians can influence the behaviour of CEOs and firm performance with prestigious government awards. We present a simple model to develop the hypothesis that government awards have a negative ... -
Startups and Company Law: The Competitive Pressure of Delaware on Italy (and Europe?)
(2019)US corporate law and, in particular, Delaware law, which leaves ample room to freedom of contract, has been one of the reasons for the successful creation and financing of startups in Silicon Valley. We analyze the Italian ... -
Social housing in Italy: Old problems, older vices, and some new virtues?
(Academy of Sciences of the Czech Republic, Institute of Sociology, 2017)Social housing in Italy, its historical and recent developments, and its critical issues are discussed considering both the pre- and the post-crisis period. The main effects of the crisis of the Italian households and the ... -
A Novel Decision Support Framework for Computing Expected Utilities from Linguistic Evaluations
(2017)The increase in the amount and variety of evaluations provided by the users of different websites regarding the products displayed is becoming an increasingly familiar scenario. That is, decision makers (DMs) constantly ... -
Investigación sobre comportamiento y toma de decisiones en contabilidad: evolución y perspectivas
(2017)En el documento se presenta un bosquejo de los más notables hitos de la investigación en contabilidad, del comportamiento en general, así como de los estudios sobre juicios y toma de decisiones económicas en particular, ... -
Social housing in Italy: Critical issues and prospects = L'affitto sociale in italia: Criticità e prospettive
(Societa Editrice il Mulino, 2018)Social housing in Italy is at its moment of truth, with new models of intervention such as the integrated system of fluids (SIF) - involving public and private investors - and the non-profit initiatives being tested. ... -
A Stochastic Latent Moment Model for Electricity Price Formation
(INFORMS, 2018)The wide range of models needed to support the various short-term operations for electricity generation demonstrates the importance of accurate specifications for the uncertainty in market prices. This is becoming increasingly ... -
The Bank-Sovereign Nexus: Evidence from a non-Bailout Episode
(2019)We explore the interplay between sovereign and bank credit risk in a setting where Danish authorities first let two Danish banks default and then left the country's largest bank, Danske Bank, to recapitalize privately. We ... -
The mitigating effect of bank financing on shareholder value and firm policies following rating downgrades
(ELSEVIER SCIENCE BV, 2018)We document that shareholders of high-yield firms are less sensitive to credit rating downgrades the higher the proportion of bank financing in the firm. This positive effect is linked to firm behavior. In the year after ... -
Government involvement in the corporate governance of banks
(MIT Press Journals, 2018)On March 18, 1976, the Swedish parliament voted on a bill that, if approved, would have substantially increased both the scale and scope of government representation on bank boards. Since parliament was hung, the outcome ... -
A novel perception-based DEA method to evaluate alternatives in uncertain online environments
(2019)Consider a decision maker (DM) who must rank a set of alternatives and select one of them when searching online using a recommender engine such as Amazon or TripAdvisor. These websites provide numerical and linguistic ... -
Innovation in family firms: A systematic literature review and guidance for future research
(2019)Through a systematic review of 118 peer-reviewed journal articles published between 1961 and 2017, this article provides an integrative picture of the state of the art of the family firm innovation literature. Our aim is ... -
Realizzare l’innovazione aperta nelle imprese familiari: La formula Zambon
(2019)Alcuni luoghi comuni caratterizzano i family business. Non di rado, tra le altre cose, la diffusa presenza di imprese familiari è indicata come una delle cause del difficile sviluppo del sistema industriale del nostro ... -
The role of anticipated emotions and the value of information in determining sequential search incentives
(2019)We define a novel information acquisition model that accounts explicitly for the influence of positive and negative anticipated emotions in the evaluation and selection incentives of decision makers (DMs). The model focuses ... -
Family-Centered goals, family board representation, and debt financing
(2019)This study investigates the effect of both family-centered goals and family board representation (family member representation on the board of directors) on family firm capital structure. Based on a sample of 327 Belgian ... -
New blockchain intermediaries: do ICO rating websites do their job well?
(2019)The Fintech revolution, crowdfunding and blockchain-based funding have dramatically reduced borrowing and lending transaction costs. Many have argued that ultimately this should lead to the complete disintermediation of ... -
Hierarchical dyadic congruence in family firms: The interplay of supervisor and supervisee socioemotional wealth importance and familial status
(2019)We extend McLarty, Vardaman, and Barnett’s analysis of how family firm supervisor attributes, in terms of familial status and socioemotional wealth importance, affect supervisee performance by considering the supervisee ... -
Incentivizing organ donation through a nonmonetary posthumous award
(WILEY, 2019)Since 2013, The Order of St John Award for Organ Donation has been offered to the families of deceased solid organ donors in the United Kingdom to honor the donors and inspire others to donate. We evaluate the effects of ...
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