In recent years, policymakers have increasingly used behaviourally informed policies, including ‘nudges’. They have been implemented to produce desirable social outcomes such as healthier eating and physical…
This study provides the first quantification of buyers’ role in the outcome of R&D procurement contracts. We combine together four data sources on US federal R&D contracts, follow-on patented inventions,…
Natural hazard insurance is advocated as an important means of risk management, however, private insurance demand often remains below critical levels. Prior loss experience and the design of governmental relief…
We study the relative performance of the first-price sealed- bid auction, the second-price sealed-bid auction, and the all-pay sealed-bid auction in a laboratory experiment where bidders can signal…
We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. We distinguish between complete…
Copulas are a convenient tool for modelling dependencies in competing risks models with multiple spells. This paper introduces several practical extensions to the nested copula model and focuses on the choice of…
Evidence-based STI (science, technology, and innovation) policy making requires accurate indicators of innovation in order to promote economic growth. However, traditional indicators from patents and…
Web-based innovation indicators may provide new insights into firm-level innovation activities. However, little is known yet about the accuracy and relevance of web-based information for measuring innovation. In…
We analyze the effects of governmental redistribution on migration patterns, using registry data that includes almost the universe of Italian citizens living abroad. Since Italy takes a middle ground in terms of…
