Publications

 PAPERS IN PEER-REVIEWED JOURNALS              

• Boon and burden: economic performance and future perspectives of the Venice flood protection system, with C. Giupponi, M. Bidoia, M. Breil, L. A. K. Gain, V. Leoni, B. Minooei Fard, R. Pesenti, G. Umgiesser, Regional Environmental Change,  2024, DOI:  10.1007/s10113-024-02193-9.

• Externality control and endogenous market structure under uncertainty: the price vs. quantity dilemma, with Y. Maoz, Journal of Economic Dynamics and Control,  2023, 150, 104640, DOI: 10.1016/j.jedc.2023.104640. Previously circulated as "Ca' Foscari" Economics WP Series no. 2022:13.

• Investment in farming under uncertainty and decoupled support: a real options approach, with D. Zormpas, European Review of Agricultural Economics, 2022, DOI: 10.1093/erae/jbac002. Previously circulated as "Ca' Foscari" Economics WP Series no 2019:06. Available also at SSRN (version 2018).

• Energy exchange among heterogeneous prosumers under price uncertainty, with M. Castellini, M. Moretto and S. Vergalli, Energy Economics, 2021, 104, 105647, DOI: 10.1016/j.eneco.2021.105647. Previously circulated as FEEM Nota di Lavoro 2021.25 and "Ca' Foscari" Economics WP Series no 2021:24.

• Climate change and coffee farm relocation in Ethiopia: a real-options approach, with T. Ginbo, Climate Change Economics, 2021, 12, 3, 2150011, DOI: 10.1142/S2010007821500111. Previously circulated as "Ca' Foscari" Economics WP Series no 2020:02.

• Investing in climate change adaptation and mitigation - A methodological review of real-options studies , with T. Ginbo and R. Hoffmann, Ambio, 2021,  50, 229–241, DOI: 10.1007/s13280-020-01342-8. See also Correction to, with T. Ginbo and R. Hoffmann, Ambio, 2022,  DOI: 10.1007/s13280-021-01700-0.

• Production externalities and investment caps: a welfare analysis under uncertainty, with Y. Maoz, Journal of Economic Dynamics and Control,  2019,  106, 103719, DOI: 10.1016/j.jedc.2019.07.005. Previously circulated as "Ca' Foscari" Economics WP Series no. 2019:07 and available also at SSRN (version 2018). 

• Passive farming and land development: a real options approach, with M. Brady, Land Use Policy, 2019, 80, 32-46, DOI: 10.1016/j.landusepol.2018.09.029. Previously circulated as SLU WP Series 2016:04.

• Rural land development under hyperbolic discounting: a real option approach, Letters in Spatial and Resource Sciences, 2018, 11, 2, 167–182, DOI: 10.1007/s12076-018-0209-2. Previously circulated as SLU WP Series 2016:08.

• The effects of uncertain forest conservation benefits on long-run deforestation in the Brazilian Amazon, with M. Moretto and S. Vergalli, Environment and Development Economics, 2018, 23, 4, 413-433, DOI: 10.1017/S1355770X18000189. Previously circulated as Deforestation rate in the long-run: the case of Brazil, FEEM Note di Lavoro 2016.056.

• Multidimensional auctions for long-term procurement contracts under the threat of early exit: the case of conservation auctions, with C. Dosi and M. Moretto,  European Journal of Operational Research, 2018, 267, 1, 368-380, DOI: 10.1016/j.ejor.2017.11.028. Previously circulated as SLU WP Series 2015:06 and FEEM Note di Lavoro 2014.65 (under the title “Bidding for conservation contracts”).

• Financing flexibility: the case of outsourcing, with M. Moretto and G. Rossini, Journal of Economic Dynamics and Control,  2017, 76, 35–65, DOI: 10.1016/j.jedc.2016.12.009. Previously circulated as "Marco Fanno” Working Paper no. 206, University of Padova.

• Investment stimuli under government present-biased time preferences, Journal of Economics,  2016, 119, 2, 101-111, DOI: 10.1007/s00712-016-0494-4. Previously circulated as SLU WP Series 2014:03.

• Long-run investment under uncertain demand, with M. Moretto and S. Vergalli, Economic Modelling, 2014, 41, 80-89,  DOI: 10.1016/j.econmod.2014.04.023. Previously circulated as FEEM Note di Lavoro 2013.65.

• Flexible waste management under uncertainty, with N. Montinari, European Journal of Operational Research, 2014, 234, 174 185, DOI: 10.1016/j.ejor.2013.09.026. Previously circulated as Jena Economic Research Papers 2012-066 and FEEM Note di Lavoro 2013.03. 

• Investing in energy forestry under uncertainty, with A. Gazheli and C.J. Lagerkvist, Forest Policy and Economics, 2013, 34, 56-64, DOI: 10.1016/j.forpol.2013.06.001.

• Land conversion pace under uncertainty and irreversibility: too fast or too slow?, with M. Moretto and S. Vergalli, Journal of Economics,  2013, 110, 1, 45- 82, DOI: 10.1007/s00712-013-0348-2. Previously circulated as FEEM Note di Lavoro 2011.84.

• Deforestation and Government Conservation Policies, with M. Moretto and S. Vergalli, Review of Environment, Energy and Economics (Re3), July 4, 2013, DOI: 10.7711/feemre3.2013.07.001.

• Profit sharing under the threat of Nationalization, Resource and Energy Economics, 2013, 35, 3, 295-315, DOI: 10.1016/j.reseneeco.2013.02.004. Previously circulated as FEEM Note di Lavoro 2010.05.

• Land-use change and solar energy production: a real option approach, with A. Gazheli, Agricultural Finance Review, 2013, 73, 3, 507-525, DOI: 10.1108/AFR-05-2012-0024. Previously circulated as FEEM Note di Lavoro 2011.90. 

• Optimal Conservation Policy under Imperfect Intergenerational Altruism, Journal of Forest Economics, 2012, 18, 3, 194-206, DOI: 10.1016/j.jfe.2012.02.002. Previously circulated as FEEM Note di Lavoro 2011.89. 

• Investing in Biogas: Timing, Technological Choice and the Value of Flexibility from Inputs Mix, with M. Moretto, Energy Economics, 2011, 33, 6, 1186 1193, DOI: 10.1016/j.eneco.2011.05.012. Previously circulated as CESifo Working Paper Series No. 2729 and FEEM Note di Lavoro 2009.84.