Publications
Publication list.
Forthcoming
Cognitive Reserve and Individual Differences in Brain Tumor Patients, Brain Communications, forthcoming; with Barbara Tomasino, Ilaria Guarracino, Tamara Ius, Serena D’Agostini, Miran Skrap, and Raffaella I. Rumiati.
2022
A Note on University Admission Tests: Simple Theory and Empirical Analysis, The B.E. Journal of Economic Analysis and Policy, 22, 2022, pp. 623-632; with Konstantinos Eleftheriou and Marilou Ioakimidis.
2021
Incentives and Careers in Academia: Theory and Empirical Analysis, Review of Economics and Statistics, 103, 2021, pp. 786-802; with Daniele Checchi and Stefano Verzillo.
The Wounds That Do Not Heal. Long Term Effects of Youth Unemployment, Economica, 88, 2021, pp. 1107-1129; with Sara Lemos and James Rockey.
Have You Read This? An Empirical Comparison of the British REF Peer Review and the Italian VQR Bibliometric Algorithm, Economica, 88, 2021, pp. 1107-1129; with Daniele Checchi, Alberto Ciolfi, Irene Mazzotta and Stefano Verzillo.
Effects of Passive Smoking on Prenatal and Infant Development: Lessons from the Past, Economics and Human Biology, 42, 2021, 101002; with Carlo Ciccarelli and Daniela Vuri.
Zoomshock: The Geography and Local Labour Market Consequences of Working from Home, Covid Economics: Vetted and Real Time Papers, 64, 2021, pp. 1-41; with Jesse Matheson and James Rockey.
2020
How Hard Is It to Maximise Profit? Evidence from a 19th Century Italian State Monopoly, Oxford Economic Papers, 72, 2020, pp. 1-24; with Carlo Ciccarelli and Silvia Tiezzi.
2018
Selections from Ordered Sets, Social Choice and Welfare, 50, 2018, pp. 677-703; with Daniele Checchi and Stefano Verzillo.
2016
Optimal Public Funding for Research: A Theoretical Analysis, RAND Journal of Economics, 47, 2016, 498-528.
2014
The Demand for Tobacco in Post-Unification Italy, Cliometrica, 8, 2014, 145-171; with Carlo Ciccarelli.
The Desegregating Effect of School Tracking, Journal of Urban Economics, 80, 2014, pp. 164-177; with Francisco Martínez-Mora.
2012
Exclusive Nightclubs and Lonely Hearts Columns: Non-monotone Participation in Optional Intermediation, Journal of Economic Behavior & Organization, 84, 2012, pp. 618-632; with József Sákovics.
The Design of the University System, Journal of Public Economics, 96, 2012, pp. 317–330; with Paola Valbonesi.
2011
TheSource of Differences in Population Distributions, Mathematical Social Sciences, 62, 2011, pp. 130–132.
Toc 'n' Roll: Bargaining, Service Quality and Specificity in the UK Railway Network; Journal of Transport Economics and Policy, 45, 2011, pp. 383—414; with Emanuela Michetti and Piercarlo Zanchettin.
2010
Must Try Harder. Evaluating the Role of Effort on Examination Results, Review of Economics and Statistics, 92, 2010, pp. 577–597; with Tania D’Oliveira and Luisa Zanchi.
2009
The Origin of Utility: Sexual Selection and Conspicuous Consumption, Journal of Economic Behavior & Organization, 72, 2009, pp. 51-69.
Mixed Oligopoly: Old and New, in Swedish Competition Authority (ed.) The Pros and Cons of Competition in/by the Public Sector, Swedish Competition Authority, Stockholm, 2009, pp. 11-43
Privatisation in Poland: What Was the Government Trying to Achieve?, The Economics of Transition, 17, 2009, pp. 531-557; with Barbara Roberts.
2008
Market and Public Provision in the Presence of Human Capital Externalities, Journal of Public Economics, 92, 2008, pp. 962-985.
The Quest for Quality: A Quality Adjusted Dynamic Regulatory Mechanism, Journal of Economics & Management Strategy, 17, 2008, pp. 1011-1040; with Alberto Iozzi.
2007
Publish or Perish: il meccanismo di valutazione della ricerca del Regno Unito (Publish or Perish: The Mechanism for Evaluation of Research in the UK),Rivista Italiana degli Economisti, 12, 2007, pp. 231-252.
2006
Could Do Better: The Effectiveness of Incentives and Competition in Schools, Journal of Public Economics, 90, 2006, pp. 189-213; with Pedro Landeras.
2005
Reverse Discrimination and Efficiency in Education, International Economic Review, 46, 2005, pp. 1009-1031.
2004
Product Differentiation and the Location of International Production, Journal of Economics & Management Strategy, 13, 2004, pp. 151-170; with George Norman.
Hierarchies in Organisations and Labour Market Competition, Labour Economics, 11, 2004, pp. 669-686.
Education and Redistribution, Rivista di Politica Economica, 94/5-6, 2004, pp. 3-44.
Strategic Debt in Vertical Relations: Theory and Evidence, Research in Economics, 58, 2004, pp. 103-123; with Claudio Piga.
Risk and Capital Structure in the Regulated Firm, Journal of Regulatory Economics, 26, 2004, pp. 69-84; with Clive Stones.
Constitutional Design and Investment in Cooperatives and Investor Owned Companies, Annals of Public and Cooperative Economics, 75, 2004, pp. 265-293; with Alberto Bacchiega.
2003
How Long is a Piece of Cable? Equilibrium Determination of Local Telephone Areas, Journal of Economics, 79, 2003, pp. 61-85; with Fabio Manenti.
2002
The Design of Optimal Education Policies, The Review of Economic Studies, 69, 2002, pp 437-466.
Contracts for Health Services: Quality versus Excess Capacity, Journal of Public Economics, 84, 2002, pp. 199-218; with Dieter Bös.
Product Market Competition, R&D, and Welfare, Research in Economics, 56, 2002, pp. 381-397; with Damiano Silipo.
Competition among Institutions and the Emergence of the Elite University, Bulletin of Economic Research, special issue on the “Economics of Education”, 54, 2002, pp. 275-293; with Elisabetta Iossa.
The Economics of Education: Editors’ Introduction, Bulletin of Economic Research, special issue on the “Economics of Education”, 54, 2002, pp. 205-208; with Richard Romano.
La regolamentazione delle tecniche di aggiudicazione degli appalti e delle concessioni: il caso italiano (The Legal Framework for Public Procurement in Italy), in Mario Baldassarri, Giampaolo Galli and Gustavo Piga (eds.), La competitività in Italia (Competitiveness in Italy), Il Sole 24 Ore, Milano, 2002, pp 228-255.
2001
Education Policies: Equity, Efficiency, and Voting Equilibrium, Economic Journal, 111, 2001, pp. C104-119.
Walras Retrouvé: Decentralised Trading Mechanisms and the Competitive Price, Journal of Political Economy, 109, 2001, pp. 842-863; with József Sákovics.
Short Term and Long Term Effects of Price Cap Regulation, International Journal of Developing Planning Literature, 2001, 16, pp. 51-59; special issue on “The Telecommunications in the 21st Century” edited by William J Baumol and Victor A Beker; with Alberto Iozzi.
Revenue Sharing Rules in International Telephony; Journal of Regulatory Economics, 20, 2001, pp. 5-20; with Paola Valbonesi.
Private and Public Schools: Theoretical Considerations, Lavoro e relazioni industriali, 2/2001, pp. 49-82; reprinted in Daniele Checchi and Claudio Lucifora (eds.), Education, Training and Labour Market Outcomes in Europe, Palgrave Macmillan, Basingstoke, 2004, pp. 38-68.
Competizione in mercati regolati: recenti sviluppi teorici (Competition in Regulated Markets: Recent Theoretical Developments), Rivista di Politica Economica, 91/2, 2001, pp. 47-77.
2000
Contracts for Health Care and Asymmetric Information, Journal of Health Economics, 19, 2000, pp. 663-677.
On Some Issues in the Theory of Competition in Regulated Markets, in George Norman and Jacques-François Thisse (eds.), Market Structure and Competition Policy: Game-theoretic Approaches, Cambridge University Press, Cambridge, 2000, pp. 191-214.
Equilibrium Partner Switching in a Bargaining Model with Asymmetric Information; International Economic Review, 41, 2000, pp. 849-869; with Abhinay Muthoo.
Productive Efficiency in Public and Private Firms, in: David Parker (ed.) Privatisation and Corporate Performance, Edward Elgar, Cheltenham, 2000,pp. 116-31; reprint of De Fraja (1993).
1999
Minimum Wage Legislation, Work Conditions, and Employment, Economica, 66, 1999, pp. 473-488.
After You Sir. Sequential Investment as a Solution to the Hold-up Problem, Games and Economic Behavior, 26, 1999, pp. 22-39.
Slot Allocation: A Model of Competition between Firms when Consumers Are Procedurally Rational, Mathematical Social Science, 38, 1999, pp. 71-81; with Indrajit Ray.
Regulation and Access Pricing in Privatised Utilities: Comparison of Regulatory Régimes, Scottish Journal of Political Economy, 46, 1999, pp. 1-16; with Catherine Waddams Price.
Regulation and Access Pricing with Asymmetric Information, European Economic Review, 43, 1999, pp. 109-134.
1998
Price Caps and Output Floors: A Comparison of Simple Regulatory Rules, Economic Journal, 108, 1998, pp. 1404-1421; with Elisabetta Iossa.
Alternative Strategies of a Public Firm in Oligopoly, in: Anindya Sen (ed.) Industrial Economics, Oxford University Press, Delhi, 1998, pp 491-503; re print of De Fraja and Delbono (1989).
Quality Considerations in Auctions for Television Franchises, Information Economics and Policy, Special Issue on Media and Multimedia Economics, 10, 1998, pp. 9-22; with Mariella M. Cabizza.
1997
Pricing and Entry in Regulated Industries: The Role of Regulatory Design, Journal of Public Economics, 64, 1997, pp. 259-278.
Entry, Prices, and Investment in Regulated Industries, Journal of Regulatory Economics, 11, 1997, pp. 257-270.
1996
Defence Procurement: Theory and UK Policy, Oxford Review of Economic Policy, 12, no 4, 1996, pp. 70-88; with Keith Hartley.
Product Line Competition in Vertically Differentiated Markets, International Journal of Industrial Organization, 14, 1996, pp. 389-414.
Entrepreneurs or Managers: Who Runs the Firm?, Journal of Industrial Economics, 44, 1996, pp. 89-98.
An Empirical Analysis of Competition in Brand Differentiated Oligopoly, International Journal of the Economics of Business, 3, 1996, pp. 57-67; with Alessandra Staderini.
1995
In Praise of Public Firms, New Economy, 1995, pp. 177-180 (reviewed in The Guardian newspaper, Economics and Finance pages, 18/8/1995).
1994
A General Characterization of Multiproduct Cournot Competition, Bulletin of Economic Research, 46, 1994, pp. 171-183.
Chicken and Egg: What Should Come First, Privatisation or Liberalisation?, Annales d'Économie et de Statistique, 33, 1994, pp. 133-156.
1993
Union and Wages in Public and Private Firms: A Game Theoretic Analysis, Oxford Economic Papers, 45, 1993, pp. 457-469.
Incentive Contracts for Public Firms, Journal of Comparative Economics, 17, 1993, pp. 581-599.
Product Differentiation, Pricing Policy and Equilibrium, Journal of Regional Science, 33, 1993, pp. 343-363; with George Norman.
Staggered vs. Synchronised Wage Setting in Oligopoly, European Economic Review, 37, 1993, pp. 1507-1522.
Relaxing Spatial Competition through Product Line Choice (and Vice Versa), Regional Science and Urban Economics, 23, 1993, pp. 461-486.
Strategic Spillovers in Patent Races, International Journal of Industrial Organisation, 11, 1993, pp. 139-146.
Productive Efficiency in Public and Private Firms, Journal of Public Economics, 50, 1993, pp. 15-30.
1992
Product Line Competition and Market Structure, Economic Notes, 21, 1992, pp. 511-525.
Recenti sviluppi nell'analisi degli oligopoli misti (Recent Developments in the Analysis of Mixed Oligopolies), Economia e politica industriale, 19, n. 74-76, 1992, pp. 381-409; with Flavio Delbono.
1991
Inefficiency and Privatisation in Imperfectly Competitive Industries, Journal of Industrial Economics, 39, 1991, pp. 311-321.
1990
Imperfect Information and the Choice between Collusion and Horizontal Merger, Metroeconomica, 41, 1990, pp. 137-160.
On Balanced Temptation Equilibria for Repeated Games, Economic Notes, 19, 1990, pp. 72-81.
Il potere dei partiti italiani (The Power of Italian Political Parties), Notizie di Politeia, 6, n. 17, 1990, pp. 11-17.
Game Theoretic Models of Mixed Oligopoly, Journal of Economic Surveys, 4, 1990, pp. 1-17; with Flavio Delbono.
1989
Alternative Strategies of a Public Firm in Oligopoly, Oxford Economic Papers, 41, 1989, pp. 302-311; with Flavio Delbono.
1988
Quando l'oligopolista è pubblico (When the Oligopolist is Public), Politica ed Economia, 18, n. 7-8, 1988, pp. 59-61.
1987
Oligopoli misti: un'introduzione (Mixed Oligopolies: An Introduction), Economia Pubblica, 17, 1987, pp. 515-519; with Flavio Delbono.
Oligopoly, Public Firm and Welfare Maximization: A Game Theoretic Analy sis, Giornale degli Economisti e Annali di Economia, 46, 1987, pp. 417-435; with Flavio Delbono.
1986
Il tasso reale di interesse in presenza di inflazione perfettamente prevista (The Real Rate of Interest with Perfectly Expected Inflation), in Economia Politica, 3, 1986, pp. 39-60.
Risparmio delle famiglie e deficit del bilancio pubblico in Italia: un riesame (Households' Savings and Public Sector Budget Deficit in Italy: A Re-examination), in Mario Pinna e Riccardo Varaldo (eds.) Studi in ricordo di Egidio Giannessi, Pacini, Pisa, 1986, pp. 251-270.