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  1. Substitution effects in intertemporal problems
    Erschienen: [2020]
    Verlag:  Alma Mater Studiorum - Università di Bologna, Department of Economics, Bologna, Italy

    We consider a broad class of intertemporal economic problems and we characterize the short and long-run response of the demand for a good to a permanent increase in its market price. Depending on the interplay between self-productivity and time... mehr

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    We consider a broad class of intertemporal economic problems and we characterize the short and long-run response of the demand for a good to a permanent increase in its market price. Depending on the interplay between self-productivity and time discounting, we show that dynamic substitution effects can generate price elasticities of opposite sign in the short and in the long run.

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/245889
    Schriftenreihe: Quaderni - working paper DSE / Alma Mater Studiorum - Università di Bologna, Department of Economics ; no 1147
    Umfang: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  2. Political geography and pre-industrial development
    a theory and evidence for Europe 1000-1850
    Erschienen: 06 May 2019
    Verlag:  Centre for Economic Policy Research, London

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    Schriftenreihe: Array ; DP13719
    Umfang: 1 Online-Ressource (circa 87 Seiten), Illustrationen
  3. Economic growth and social poverty
    the evolution of social participation
    Erschienen: 2001
    Verlag:  Bonn Graduate School of Economics, Bonn

    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    K 2001 B 2544
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    W 1309 (2001.13)
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    Schriftenreihe: Bonn econ discussion papers ; 2001,13
    Schlagworte: Zeitverwendung; Wachstumstheorie; Sozialkapital; Gemeinwohl; Wohlfahrtsanalyse; Theorie; Evolutionäre Spieltheorie
    Umfang: 29 S
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    Internetausg.: ftp://ftp.wiwi.uni-bonn.de/papers/bgse/2001/bgse13_2001.pdf

  4. Poor institutions, rich mines
    resource curse and the origins of the Sicilian mafia
    Erschienen: [2012]
    Verlag:  Alma Mater Studiorum - Università di Bologna, Department of Economics, Bologna, Italy

    This study explains the emergence of the Sicilian mafia in the XIX century as the product of the interaction between natural resource abundance and weak institutions. We advance the hypothesis that the mafia emerged after the collapse of the Bourbon... mehr

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    This study explains the emergence of the Sicilian mafia in the XIX century as the product of the interaction between natural resource abundance and weak institutions. We advance the hypothesis that the mafia emerged after the collapse of the Bourbon Kingdom in a context characterized by a severe lack of state property-right enforcement in response to the rising demand for the protection of sulfur - Sicily's most valuable export commodity - whose demand in the international markets was soaring at the time. We test this hypothesis combining data on the early presence of the mafia and on the distribution of sulfur reserves across Sicilian municipalities and find evidence of a positive and significant effect of sulphur availability on mafia's diffusion. These results remain unchanged when including department fixed-effects and various geographical and historical controls, when controlling for spatial correlation, and when comparing pairs of neighboring municipalities with and without sulfur.

     

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    hdl: 10419/159683
    Auflage/Ausgabe: This version: August, 2012
    Schriftenreihe: Working paper DSE / Department of Economics, Università di Bologna ; no 844
    Umfang: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  5. Government information transparency

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    Schriftenreihe: Department of Economics discussion paper / the University of Birmingham ; 09-03
    Schlagworte: Politische Kommunikation; Wirtschaftsprognose; Einkommensteuer; Asymmetrische Information; Arbeitsangebot; Theorie
    Umfang: 47 S., graph. Darst.
  6. Economic behavior under alcohol influence
    an experiment on time, risk, and social preferences
    Erschienen: 2014
    Verlag:  IZA, Bonn

    We report results from an incentivized laboratory experiment to provide controlled evidence on the causal effects of alcohol consumption on risk preferences, time perception and altruism. Our design allows disentangling the pharmacological effects of... mehr

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    We report results from an incentivized laboratory experiment to provide controlled evidence on the causal effects of alcohol consumption on risk preferences, time perception and altruism. Our design allows disentangling the pharmacological effects of alcohol intoxication from those mediated by expectations, as we compare behaviors of three groups of subjects: those participating to an experiment with no reference to alcohol, those exposed to the possibility of consuming alcohol but assigned to a placebo and those having effectively consumed alcohol. Once randomly assigned to one treatment, subjects were administered a series of consecutive economic tasks, being the sequence kept constant across treatments. After controlling for both the willingness to pay and the potential misperception of probabilities as elicited in the experiment, we do not detect any effect of alcohol in depleting subjects' risk tolerance. On the contrary, we find that alcohol intoxication increases impatience. Moreover, we find that alcohol makes subjects less generous as we detect a negative relationship between the blood alcohol concentration and the amount of money donated to NGOs.

     

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    hdl: 10419/98930
    Schriftenreihe: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 8170
    Umfang: Online-Ressource (32 S.), graph. Darst.
  7. Economic growth and social poverty
    the evolution of social participation
    Erschienen: May 2001
    Verlag:  Bonn Graduate School of Economics, Department of Economics, University of Bonn, Bonn

    We develop an evolutionary model of growth in which agents choose how to allocate their time between private and social activities. We argue that a shift from social to private activities may foster market-based growth, but also generate social... mehr

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    We develop an evolutionary model of growth in which agents choose how to allocate their time between private and social activities. We argue that a shift from social to private activities may foster market-based growth, but also generate social poverty. Within a formal framework that merges a game theoretic analysis of the evolution of social participation with a model of dynamic accumulation of its effects on social environment (i.e., of social capital accumulation), we show that growth and well-being may evolve in opposite directions (a plausible outcome for advanced and affluent societies).

     

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    Weitere Identifier:
    hdl: 10419/78392
    Schriftenreihe: Bonn econ discussion papers ; 2001, 13
    Schlagworte: Zeitverwendung; Wachstumstheorie; Sozialkapital; Gemeinwohl; Wohlfahrtsanalyse; Theorie; Evolutionäre Spieltheorie
    Umfang: 1 Online-Ressource (circa 32 Seiten)
  8. Organized crime and electoral outcomes in Sicily
    Erschienen: September 17, 2014
    Verlag:  Alma Mater Studiorum - Università di Bologna, Department of Economics, Bologna, Italy

    This paper investigates the relationship between mafia and politics by focusing on the market for votes. It exploits the fact that in the early 1990s the Italian party system collapsed, new parties emerged and mafia families had to look for new... mehr

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    This paper investigates the relationship between mafia and politics by focusing on the market for votes. It exploits the fact that in the early 1990s the Italian party system collapsed, new parties emerged and mafia families had to look for new political allies. It presents evidence, based on disaggregated data from the Italian region of Sicily, that between 1994 and 2008 Silvio Berlusconi's party, Forza Italia, obtained higher vote shares in municipalities plagued by mafia. The result is robust to the use of different measures of mafia presence, both contemporary and historical, to the inclusion of different sets of controls and to spatial analysis. Instrumenting mafia's presence by determinants of its early diffusion in the late XIX century suggests that the correlation reflects a causal link, which would be coherent with mafia's choice to back Forza Italia in exchange for favorable policies.

     

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    hdl: 10419/159803
    Schriftenreihe: Working paper DSE / Alma Mater Studiorum - Università di Bologna, Department of Economics ; no 965
    Umfang: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  9. Recreational cannabis reduces rapes and thefts
    evidence from a quasi-experiment
    Erschienen: September 19, 2016
    Verlag:  Alma Mater Studiorum - Università di Bologna, Department of Economics, Bologna, Italy

    An argument against the legalization of the cannabis market is that such a policy would increase crime. Exploiting the recent staggered legalization enacted by the states of Washington (end of 2012) and Oregon (end of 2014) we show, combining... mehr

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    An argument against the legalization of the cannabis market is that such a policy would increase crime. Exploiting the recent staggered legalization enacted by the states of Washington (end of 2012) and Oregon (end of 2014) we show, combining difference-in-differences and spatial regression discontinuity designs, that recreational cannabis caused a significant reduction of rapes and thefts on the Washington side of the border in 2013-2014 relative to the Oregon side and relative to the pre-legalization years 2010-2012.

     

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    Weitere Identifier:
    hdl: 10419/159916
    Schriftenreihe: Working paper DSE / Alma Mater Studiorum - Università di Bologna, Department of Economics ; no 1078
    Umfang: 1 Online-Ressource (circa 14 Seiten), Illustrationen
  10. Price effects in the short and in the long run
    Erschienen: November 27, 2015
    Verlag:  Alma Mater Studiorum - Università di Bologna, Department of Economics, Bologna, Italy

    We study a broad class of dynamic consumer problems and characterize the short and long-run response of the demand for a good to a permanent increase in its market price. Such response can be non-monotonic over time, and the short and long-run... mehr

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    We study a broad class of dynamic consumer problems and characterize the short and long-run response of the demand for a good to a permanent increase in its market price. Such response can be non-monotonic over time, and the short and long-run price-elasticity of demand may have opposite sign. This is a testable prediction and can arise even in the absence of income effects. Our results are robust to a variety of settings that are commonly used in the economic literature, and have relevant policy implications. We provide illustrative applications to models of human capital and labor supply, addiction, habit and taste formation, health capital, and renewable resources.

     

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    Weitere Identifier:
    hdl: 10419/159878
    Schriftenreihe: Working paper DSE / Department of Economics, Università di Bologna ; no 1040
    Umfang: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  11. Terrorism risk and democratic preferences in Pakistan
    Erschienen: October 23, 2015
    Verlag:  Alma Mater Studiorum - Università di Bologna, Department of Economics, Bologna, Italy

    Beyond direct damages, terrorism creates fear and insecurity, potentially reducing support for democratic institutions if these are deemed inadequate to tackle the threat, and increasing support for military governments. To investigate this... mehr

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    Beyond direct damages, terrorism creates fear and insecurity, potentially reducing support for democratic institutions if these are deemed inadequate to tackle the threat, and increasing support for military governments. To investigate this possibility, we use data from Pakistan, a country that experienced an exponential rise in terrorism since 2001. Exploiting individual level data on democratic attitudes and district level information on terrorist attacks, we document that persistent exposure to terrorism (and more broadly to violence) is associated to a significantly lower support for democratic values. Results are robust to the inclusion of different sets of controls, to sample splits based on gender, urbanization and education, and to endogeneity considerations. Instrumenting terrorism and violence by the distance from the Pak-Afghan border and by religious fractionalization suggests that the documented correlation reflects a causal impact. Terrorism thus threatens not only individuals, but also democratic institutions.

     

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    hdl: 10419/159875
    Schriftenreihe: Working paper DSE / Department of Economics, Università di Bologna ; no 1037
    Umfang: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  12. Social closure, surnames and crime
    Erschienen: October 5, 2015
    Verlag:  Alma Mater Studiorum - Università di Bologna, Department of Economics, Bologna, Italy

    This paper studies the effect of social closure on crime and tax evasion rates using disaggregated data for Italian municipalities. It measures the degree of social openness of a community by the diversity of its surname distribution, which reflects... mehr

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    This paper studies the effect of social closure on crime and tax evasion rates using disaggregated data for Italian municipalities. It measures the degree of social openness of a community by the diversity of its surname distribution, which reflects the history of migration and inbreeding. It shows that, all else equal, communities with a history of social closure have lower crime rates and higher tax evasion rates than more open communities. The effect of social closure is likely to be causal, it is relevant in magnitude, statistically significant, and robust to changes in the set of included controls, in the specific measures of dependent and independent variables, in the specification of the regression equation, and in the possible sample splits. Our findings are consistent with the idea that social closure strengthens social sancions and social control, thus leading to more cooperative outcomes in local interactions, but it reduces cooperation on a larger scale.

     

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    Weitere Identifier:
    hdl: 10419/159870
    Schriftenreihe: Working paper DSE / Department of Economics, Università di Bologna ; no 1032
    Umfang: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  13. Economic behavior under alcohol influence
    an experiment on time, risk, and social preferences
    Erschienen: [2014]
    Verlag:  Alma Mater Studiorum - Università di Bologna, Department of Economics, Bologna, Italy

    We report results from an incentivized laboratory experiment to provide controlled evidence on the causal effects of alcohol consumption on risk preferences, time perception and altruism. Our design allows disentangling the pharmacological effects of... mehr

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    We report results from an incentivized laboratory experiment to provide controlled evidence on the causal effects of alcohol consumption on risk preferences, time perception and altruism. Our design allows disentangling the pharmacological effects of alcohol intoxication from those mediated by expectations, as we compare behaviors of three groups of subjects: those participating to an experiment with no reference to alcohol, those exposed to the possibility of consuming alcohol but assigned to a placebo and those having effectively consumed alcohol. Once randomly assigned to one treatment, subjects were administered a series of consecutive economic tasks, being the sequence kept constant across treatments. After controlling for both the willingness to pay and the potential misperception of probabilities as elicited in the experiment, we do not detect any effect of alcohol in depleting subjects' risk tolerance. On the contrary, we find that alcohol intoxication increases impatience. Moreover, we find that alcohol makes subjects less generous as we detect a negative relationship between the blood alcohol concentration and the amount of money donated to NGOs.

     

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    Weitere Identifier:
    hdl: 10419/159783
    Schriftenreihe: Working paper DSE / Alma Mater Studiorum - Università di Bologna, Department of Economics ; no 944
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  14. "Thou shalt not covet ..."
    prohibitions, temptation and moral values
    Erschienen: 2013
    Verlag:  IZA, Bonn

    This paper proposes a theory of the relationship between prohibitions and temptation. In presence of self-control problems, moral values may increase individual material welfare (and utility) by serving as a self-commitment device. The model... mehr

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    This paper proposes a theory of the relationship between prohibitions and temptation. In presence of self-control problems, moral values may increase individual material welfare (and utility) by serving as a self-commitment device. The model investigates the relationship between morality and temptation, the individual gains from morality, the interaction between external sanctions and moral self-punishment and the spread and strength of individually optimal moral values. The empirical analysis, based on survey data for a large set of countries, documents a hump-shaped pattern of morality in social class, which supports the theoretical predictions of the model. -- prohibitions ; temptation ; self-control ; moral values ; crime

     

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    hdl: 10419/71718
    Schriftenreihe: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 7334
    Schlagworte: Ethik; Soziale Werte; Strafe
    Umfang: Online-Ressource, graph. Darst.
  15. "Thou shalt not covet ..."
    prohibitions, temptation and moral values
    Erschienen: 2010
    Verlag:  Fondazione Eni Enrico Mattei, Milano

    We propose a theory studying temptation in presence of both externally and internally sanctioned prohibitions. Moral values that (internally) sanction prohibited actions and their desire may increase utility by reducing self-control costs, thereby... mehr

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    We propose a theory studying temptation in presence of both externally and internally sanctioned prohibitions. Moral values that (internally) sanction prohibited actions and their desire may increase utility by reducing self-control costs, thereby serving as partial commitment devices. We apply the model to crime and study the conditions under which agents would optimally adhere to moral values of honesty. Incentives to be moral are non- monotonic in the crime premium. Larger external punishments increase temptation and demand for morality, so that external and internal sanctions are complements. The model helps rationalizing stylized facts that proved difficult to explain with available theories. -- Prohibitions ; Temptation ; Self-Control ; Moral Values ; Crime

     

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    hdl: 10419/43512
    Schriftenreihe: Array ; 54.2010
    Schlagworte: Ethik; Soziale Werte; Strafe
    Umfang: Online-Ressource (PDF-Datei: 24 S., 352,88 KB), graph. Darst.
  16. Competition, reputation and cheating
    Autor*in: Vanin, Paolo
    Erschienen: 2009
    Verlag:  Univ. degli Studi, Dipartimento di Scienze Economiche, Bologna

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    hdl: 10419/159524
    Schriftenreihe: [Working papers / Università di Bologna, Dipartimento Scienze Economiche ; 683]
    Umfang: Online-Ressource (35 S.)
  17. Competition, reputation and compliance
    Autor*in: Vanin, Paolo
    Erschienen: 2009
    Verlag:  Univ. degli Studi, Dipartimento di Scienze Economiche, Bologna

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    hdl: 10419/159523
    Schriftenreihe: [Working papers / Università di Bologna, Dipartimento Scienze Economiche ; 682]
    Umfang: Online-Ressource (19 S.)