Working Papers

From Fondazione Eni Enrico Mattei
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2004.159: Spatial Analysis: Development of Descriptive and Normative Methods with Applications to Economic-Ecological Modelling

Anastasios Xepapadeas and William Brock

2004.158: Non-pecuniary Value of Employment and Individual Labor Supply

Y. Hossein Farzin and Ken-Ichi Akao

2004.157: How Consistent are Alternative Short-Term Climate Policies with Long-Term Goals?

Valentina Bosetti, Marzio Galeotti and Alessandro Lanza

2004.156: Environmental Innovation, War of Attrition and Investment Grants

Michele Moretto and Cesare Dosi

2004.155: An Almost Ideal Sharing Scheme for Coalition Games with Externalities

Johan Eyckmans and Michael Finus

2004.153: Multidimensional Mechanism Design: Revenue Maximization and the Multiple-Good Monopoly

Alejandro Manelli and Daniel Vincent

2004.152: Does Endogenous Technical Change Make a Difference in Climate Policy Analysis? A Robustness Exercise with the FEEM-RICE Model

Marzio Galeotti and Carlo Carraro

2004.151: Russia: The Long Road to Ratification. Internal Institution and Pressure Groups in the Kyoto Protocol’s Adoption Process

Barbara Buchner and Silvia Dall’Olio

2004.150: Quid Pro Quo in IPOs: Why Book-building is Dominating Auctions

Francois Degeorge, François Derrien and Kent Womack

2004.149: Nonparametric Tests for Common Values in First-Price Sealed-Bid Auctions

Philip Haile, Han Hong and Matthew Shum

2004.148: Equilibrium in Scoring Auctions

John Asker and Estelle Cantillon

2004.147: Sequential vs. Single-Round Uniform-Price Auctions

Claudio Mezzetti, Aleksandar Pekec and Ilia Tsetlin

2004.146: How to Win Twice at an Auction. On the Incidence of Commissions in Auction Markets

Victor Ginsburgh, Patrick Legros and Nicolas Sahuguet

2004.145: Order Flow and the Formation of Dealer Bids: An Analysis of Information and Strategic Behavior in the Government of Canada Securities Auctions

Samita Sareen and Ali Hortacsu

2004.144: Optimal Procurement Auction for a Buyer with Downward Sloping Demand: More Simple Economics

Roberto Burguet

2004.143: Behavioral Biases of Dealers in U.S. Treasury Auctions

David Goldreich

2004.142: Comparing Open and Sealed Bid Auctions: Theory and Evidence from Timber Auctions

Jonathan Levin, Susan Athey and Enrique Seira

2004.141: Bidding for Incompete Contracts

Patrick Bajari, Stephanie Houghton and Steven Tadelis

2004.140: The Value of Flexibility in the Italian Water Service Sector: A Real Option Analysis

Michele Moretto and Chiara D’Alpaos

2004.139: Time Profile of Climate Change Stabilization Policy

Reyer Gerlagh and Marjan Hofkes

2004.138: The World Bank’s Prototype Carbon Fund and China

ZhongXiang Zhang

2004.137: Cheap Talk, Gullibility, and Welfare in an Environmental Taxation Game

Christophe Deissenberg, Herbert Dawid and Pavel Ševčík

2004.136: Marginal Abatement Cost Curves in General Equilibrium: The Influence of World Energy Prices

Gernot Klepper and Sonja Peterson

2004.135: Robustness of VSL Values from Contingent Valuation Surveys

Anna Alberini

2004.134: Political Competition when Media Create Candidates’ Charisma

Ascensión Andina Díaz

2004.133: On Capturing Oil Rents with a National Excise Tax Revisited

Santiago Rubio

2004.132: Comparing Individual-Specific Benefit Estimates for Public Goods: Finite Versus Continuous Mixing in Logit Models

Riccardo Scarpa, Kenneth G. Willis and Melinda Acutt

2004.131: Destination Choice Models for Rock Climbing in the Northeast Alps: A Latent-Class Approach Based on Intensity of Participation

Riccardo Scarpa and Mara Thiene

2004.130: Reluctant Privatization

Bernardo Bortolotti and Mara Faccio

2004.129: Natural Resources, Innovation, and Growth

Elissaios Papyrakis

2004.128: A Climate-Change Policy Induced Shift from Innovations in Energy Production to Energy Savings

Reyer Gerlagh

2004.127: A General Equilibrium Analysis of Climate Change Impacts on Tourism

Andrea Bigano, Maria Berrittella, Roberto Roson and Richard Tol

2004.126: The Emergence of Large Shareholders in Mass Privatized Firms: Evidence from Poland and the Czech Republic

Irena Grosfeld and Iraj Hashi

2004.125: Integrated Environmental Study for Beach Management: A Methodological Approach

Francesca Palmisani, Mauro Fabiano, Gabriella Camarsa, Rosanna Dursi, Roberta Ivaldi and Valentina Marin

2004.124: Instant Efficient Pollution Abatement under Non-Linear Taxation and Asymmetric Information: The Differential Tax Revisited

Paul Mensink

2004.123: Evaluation of Urban Improvement on the Islands of the Venice Lagoon: A Spatially-Distributed Hedonic-Hierarchical Approach

Anita Fassio, Margaretha Breil, Carlo Giupponi and Paolo Rosato

2004.122: An Integrated Assessment Framework for Water Resources Management: A DSS Tool and a Pilot Study Application

Anita Fassio, Carlo Giupponi and Jaroslav Mysiak

2004.121: Asset Accumulation, Fertility Choice and Nondegenerate Dynamics in a Small Open Economy

Alberto Petrucci

2004.120: The Question of Generation Adequacy in Liberalised Electricity Markets

L.J. de Vries and R.A. Hakvoort

2004.119: Security of Supply for Natural Gas Markets. What is it and What is it not?

Giacomo Luciani

2004.118: Transport Energy Security. The Unseen Risk?

David Fisk

2004.117: Market-based Options for Security of Energy Supply

Christian Egenhofer, Kyriakos Gialoglou, Giacomo Luciani, Maroeska Boots, Martin Scheepers, Valeria Costantini, Francesco Gracceva, Anil Markandya and Giorgio Vicini

2004.116: Social Costs of Energy Disruptions

Valeria Costantini and Francesco Gracceva

2004.115: Oil Security Short- and Long-Term Policies

Valeria Costantini and Francesco Gracceva

2004.114: Investments in Gas Pipelines and Liquefied Natural Gas Infrastructure. What is the Impact on the Security of Supply?

Patrick Cayrade

2004.113: The Profile of a “Warm-Glower”: A Note on Consumer’s Behavior and Public Policy Implications

Paulo Nunes and Laura Onofri

2004.112: Scientific Advice to Public Policy-Making

Valeria Papponetti and Dino Pinelli

2004.111: Willingness to Pay to Reduce Mortality Risks: Evidence from a Three-Country Contingent Valuation Study

Anna Alberini, Alistair Hunt and Anil Markandya

2004.110: Natural Resources Dynamics: Another Look

Giuseppe Di Vita

2004.109: The Cooperative Theory of Two Sided Matching Problems: A Re-examination of Some Results

Somdeb Lahiri

2004.108: Comparison between Artisanal Fishery and Manila Clam Harvesting in the Venice Lagoon by Using Ecosystem Indicators: An Ecological Economics Perspective

Angela Granzotto, Fabio Pranovi, Simone Libralato, Patrizia Torricelli and Danilo Mainardi

2004.107: Privatization and Restructuring in Concentrated Markets

Pehr-Johan Norbäck and Lars Persson

2004.106: The Political Economy of Privatization: Why Do Governments Want Reforms?

Kira Boerner

2004.105: Privatisation Methods and Economic Growth in Transition Economies

John Bennett, Saul Estrin, James Maw and Giovanni Urga

2004.104: The Missing Shock: The Macroeconomic Impact of British Privatisation

Massimo Florio and Mara Grasseni

2004.103: Economic Evaluation of Climate Change Impacts and Adaptation in Italy

Alessandra Goria and Gretel Gambarelli

2004.102: Fondazione Eni Enrico Mattei

Valentina Bosetti and David Tomberlin

2004.101: A Meta-Analysis of the Willingness to Pay for Reductions in Pesticide Risk Exposure

Chiara Travisi, Peter Nijkamp and Raymond Florax

2004.100: Willingness to Pay for Agricultural Environmental Safety: Evidence from a Survey of Milan, Italy, Residents

Chiara Travisi and Peter Nijkamp

2004.99: The Impact of Surplus Sharing on The Stability of International Climate Agreements

Hans-Peter Weikard, Juan-Carlos Altamirano-Cabrera and Michael Finus

2004.98: Party Formation and Coalitional Bargaining in a Model of Proportional Representation

Siddhartha Bandyopadhyay and Mandar Oak

2004.97: Defining Rules in Cost Spanning Tree Problems Through the Canonical Form

Juan Vidal-Puga and Gustavo Bergantiños

2004.96: Economy-Wide Estimates of the Implications of Climate Change: Sea Level Rise

Roberto Roson, Francesco Bosello, Marco Lazzarin and Richard Tol

2004.95: Climate Uncertainty and the Necessity to Transform Global Energy Supply

Bob van der Zwaan and Reyer Gerlagh

2004.94: Equilibrium with a Market of Permits

Gilles Rotillon, Pierre-André Jouvet and Philippe Michel

2004.93: Agglomeration, Integration, and Territorial Authority Scale in a System of Trading Cities. Centralisation versus Devolution

Massimo Del Gatto

2004.92: Cities and Cultures

Gianmarco Ottaviano and Giovanni Peri

2004.91: Multi-Unit Open Ascending Price Efficient Auction

Sergei Izmalkov

2004.90: Climate Agreements and Technology Policy

Michael Hoel and Rolf Golombek

2004.89: Energy Efficiency in Transition Economies: Is There Convergence Towards the EU Average?

Anil Markandya, Suzette Pedroso and Dalia Streimikiene

2004.88: Interactions between Climate and Trade Policies: A Survey

Marzio Galeotti and Claudia Kemfert

2004.87: Natural Resources, Investment and Long-Term Income

Elissaios Papyrakis and Reyer Gerlagh

2004.86: Properties of a Non-Competitive Electricity Market Dominated by Hydroelectric Power

Michael Hoel and Finn Førsund

2004.85: Learning to Play Approximate Nash Equilibria in Games with Many Players

Edward Cartwright

2004.84: Economics: An Emerging Small World?

Sanjeev Goyal, Marco van der Leij and Jose Moraga-Gonzalez

2004.83: Group Decision-Making in the Shadow of Disagreement

Debraj Ray, Kfir Eliaz and Ronny Razin

2004.82: Potential Maximization and Coalition Government Formation

Rodney Garratt, Cheng-Zhong Qin, James Parco and Amnon Rapoport

2004.81: Bicameralism and Government Formation

Antonio Merlo, Daniel Diermeier and Hülya Eraslan

2004.80: The Formation of Networks with Transfers among Players

Matthew Jackson and Francis Bloch

2004.79: Merger Performance under Uncertain Efficiency Gains

Licun Xue, Rabah Amir and Effrosyni Diamantoudi

2004.78: Contracting with Externalities and Outside Options

Francis Bloch and Armando Gomes

2004.77: Optimal Information Transmission in Organizations: Search and Congestion

Antonio Cabrales, Àlex Arenas, Albert Díaz-Guilera, Roger Guimerà and Fernando Vega-Redondo

2004.76: On the Weights of Nations: Assigning Voting Weights in a Heterogeneous Union

Salvador Barberà and Matthew Jackson

2004.75: Investment in Hospital Care Technology under Different Purchasing Rules: A Real Option Approach

Michele Moretto and Rosella Levaggi

2004.74: Pollution Abatement in the Netherlands: A Dynamic Applied General Equilibrium Assessment

Rob Dellink and Ekko van Ierland

2004.73: The Copula Approach to Sample Selection Modelling: An Application to the Recreational Value of Forests

Elisabetta Strazzera and Margarita Genius

2004.72: Modelling Dynamic Conditional Correlations in WTI Oil Forward and Futures Returns

Matteo Manera, Alessandro Lanza and Michael McAleer

2004.71: Conditional Correlations in the Returns on Oil Companies Stock Prices and Their Determinants

Matteo Manera, Massimo Giovannini, Margherita Grasso and Alessandro Lanza

2004.70: On Coalition Formation with Heterogeneous Agents

Alejandro Caparros, Abdelhakim Hammoudi and Tarik Tazdaït

2004.69: The Northern Atlantic Bluefin Tuna Fisheries: Management and Policy Implications

Trond Bjørndal and Ana Brasão

2004.68: Modesty Pays: Sometimes!

Michael Finus

2004.67: Participation in and Compliance with Public Voluntary Environmental Programs: An Evolutionary Approach

Constadina Passa and Anastasios Xepapadeas

2004.66: Uncertainty Aversion, Robust Control and Asset Holdings

Anastasios Xepapadeas and Giannis Vardas

2004.65: Reducing Acidification: The Benefits of Increased Nature Quality. Investigating the Possibilities of the Contingent Valuation Method

E.C.M. Ruijgrok

2004.64: The Socio-Economic Value of Natural Riverbanks in the Netherlands

E.C.M. Ruijgrok and E.E.M. Nillesen

2004.63: Conserving Crop Genetic Resources on Smallholder Farms in Hungary: Institutional Analysis

Györgyi Bela, György Pataki, Melinda Smale and Mariann Hajdú

2004.62: Resource-Abundance and Economic Growth in the U.S

Elissaios Papyrakis and Reyer Gerlagh

2004.61: Economic and Environmental Effectiveness of a Technology-based Climate Protocol

Carlo Carraro and Barbara Buchner

2004.60: Property Rights Conservation and Development: An Analysis of Extractive Reserves in the Brazilian Amazon

Danilo Igliori and Timo Goesch

2004.59: Using Data Envelopment Analysis to Evaluate Environmentally Conscious Tourism Management

Valentina Bosetti, Mariaester Cassinelli and Alessandro Lanza