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class="user-content-wrapper"><div class="uploads-container" id="social-redesign-work-container"><div class="upload-header"><h2 class="ds2-5-heading-sans-serif-xs">Uploads</h2></div><div class="documents-container backbone-social-profile-documents" style="width: 100%;"><div class="u-taCenter"></div><div class="profile--tab_content_container js-tab-pane tab-pane active" id="all"><div class="profile--tab_heading_container js-section-heading" data-section="Papers" id="Papers"><h3 class="profile--tab_heading_container">Papers by Paola Valbonesi</h3></div><div class="js-work-strip profile--work_container" data-work-id="85006474"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" rel="nofollow" href="https://www.academia.edu/85006474/Pre_Commercial_Procurement_Procurement_of_Innovative_Solutions_and_Innovation_Partnerships_in_the_EU_Rationale_and_Strategy"><img alt="Research paper thumbnail of Pre-Commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships in the EU: Rationale and Strategy" class="work-thumbnail" src="https://a.academia-assets.com/images/blank-paper.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" rel="nofollow" href="https://www.academia.edu/85006474/Pre_Commercial_Procurement_Procurement_of_Innovative_Solutions_and_Innovation_Partnerships_in_the_EU_Rationale_and_Strategy">Pre-Commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships in the EU: Rationale and Strategy</a></div><div class="wp-workCard_item"><span>SSRN Electronic Journal</span><span>, 2016</span></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">Abstract: We discuss public procurement instruments for acquiring innovation, focusing on the Eur...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">Abstract: We discuss public procurement instruments for acquiring innovation, focusing on the European Pre-commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships. We analyse in particular how firms’ innovation incentives are affected by: (i) economies of scope and externalities between R&amp;D and large-scale production; (ii) the degree of specificity of the innovation; (iii) the presence of Small and Medium Enterprises (SMEs) in the market and the level of market competition; (iv) the risk of market foreclosure and supplier lock-in. Our study contributes to the literature on incentives in demand-side innovation policy by tapping into the contractual design features and by offering relevant implications for academics and policy makers. 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The availability of several less-e¢ cient options does not alter coordination and contributions relative to the benchmark.","publication_date":{"day":null,"month":null,"year":2012,"errors":{}},"publication_name":"SSRN Electronic Journal","grobid_abstract_attachment_id":89840500},"translated_abstract":null,"internal_url":"https://www.academia.edu/85006472/Salience_Coordination_and_Cooperation_in_Contributing_to_Threshold_Public_Goods","translated_internal_url":"","created_at":"2022-08-17T14:04:53.445-07:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[{"id":89840500,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/89840500/thumbnails/1.jpg","file_name":"corazzini_cotton_valbonesi.pdf","download_url":"https://www.academia.edu/attachments/89840500/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Salience_Coordination_and_Cooperation_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/89840500/corazzini_cotton_valbonesi-libre.pdf?1660773001=\u0026response-content-disposition=attachment%3B+filename%3DSalience_Coordination_and_Cooperation_in.pdf\u0026Expires=1733019831\u0026Signature=DpTXtFW7159B3O9uQ7TvcAPp9t6Y6FizwFTGlWWL7CD5FDOccQQdu2-0esr5Gjoga1Atuz~ICIvQatUds4709d3NhL7PqStwGSWfw442F5NgbjQOpNn9Zif9~EkPy-sG4flBQx0znKf6cyu4HzBexpjWY0Gu0Ki~xXfYWdzQXvRumRHLu8SKjEMMIBHJFV05AWrCL5R-mSj7y3MGi3kShPVPGDkH6UGcoOOWFdHUv4r1J3GHaUd3DEiQB8f9ev9W-TTeo20MhbuBEC7-L1bDS5zLuRYqPNVEUBs-XIAoxquQVWJ6EivkXbDVmcsUmTgdAp3rxNkwOyIdcHj0oDSCkQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"slug":"Salience_Coordination_and_Cooperation_in_Contributing_to_Threshold_Public_Goods","translated_slug":"","page_count":28,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[{"id":89840500,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/89840500/thumbnails/1.jpg","file_name":"corazzini_cotton_valbonesi.pdf","download_url":"https://www.academia.edu/attachments/89840500/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Salience_Coordination_and_Cooperation_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/89840500/corazzini_cotton_valbonesi-libre.pdf?1660773001=\u0026response-content-disposition=attachment%3B+filename%3DSalience_Coordination_and_Cooperation_in.pdf\u0026Expires=1733019831\u0026Signature=DpTXtFW7159B3O9uQ7TvcAPp9t6Y6FizwFTGlWWL7CD5FDOccQQdu2-0esr5Gjoga1Atuz~ICIvQatUds4709d3NhL7PqStwGSWfw442F5NgbjQOpNn9Zif9~EkPy-sG4flBQx0znKf6cyu4HzBexpjWY0Gu0Ki~xXfYWdzQXvRumRHLu8SKjEMMIBHJFV05AWrCL5R-mSj7y3MGi3kShPVPGDkH6UGcoOOWFdHUv4r1J3GHaUd3DEiQB8f9ev9W-TTeo20MhbuBEC7-L1bDS5zLuRYqPNVEUBs-XIAoxquQVWJ6EivkXbDVmcsUmTgdAp3rxNkwOyIdcHj0oDSCkQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"research_interests":[{"id":69856,"name":"Social Science Research Network","url":"https://www.academia.edu/Documents/in/Social_Science_Research_Network"},{"id":219927,"name":"Efficiency","url":"https://www.academia.edu/Documents/in/Efficiency"},{"id":294765,"name":"Salience","url":"https://www.academia.edu/Documents/in/Salience"}],"urls":[]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="85006471"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/85006471/Court_Efficiency_and_Procurement_Performance"><img alt="Research paper thumbnail of Court Efficiency and Procurement Performance" class="work-thumbnail" src="https://attachments.academia-assets.com/89840478/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/85006471/Court_Efficiency_and_Procurement_Performance">Court Efficiency and Procurement Performance</a></div><div class="wp-workCard_item"><span>SSRN Electronic Journal</span><span>, 2014</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="1ce5648e34723cccff4811c25979c8c5" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":89840478,"asset_id":85006471,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/89840478/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="85006471"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="85006471"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 85006471; 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Using a large dataset on Italian public procurement contracts, we study the effects of the inefficiency of the local law courts on the delay with which contractors deliver public works. First we sketch a simple model to see how inefficient law courts-i.e. those characterized by longer average duration of trials-may induce public buyers to refrain from enforcing penalties for late delivery in order to avoid costly disputes in court. Then our empirical findings show that, where the local law courts are inefficient: i) public works are delivered with longer delays, and this applies particularly to higher-value contracts-i.e. complex projects; ii) contracts are more often awarded to larger firms; and iii) on average, a higher share of final payment in contracts is adopted. These results are not driven by omitted environmental variables, since we show that delays in the completion of contracted works are still affected by the efficiency of the local law courts after including province-related fixed effects in the model and considering other possible explanations for our findings.","publication_date":{"day":null,"month":null,"year":2014,"errors":{}},"publication_name":"SSRN Electronic Journal","grobid_abstract_attachment_id":89840478},"translated_abstract":null,"internal_url":"https://www.academia.edu/85006471/Court_Efficiency_and_Procurement_Performance","translated_internal_url":"","created_at":"2022-08-17T14:04:53.309-07:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[{"id":89840478,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/89840478/thumbnails/1.jpg","file_name":"20130164.pdf","download_url":"https://www.academia.edu/attachments/89840478/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Court_Efficiency_and_Procurement_Perform.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/89840478/20130164-libre.pdf?1660773014=\u0026response-content-disposition=attachment%3B+filename%3DCourt_Efficiency_and_Procurement_Perform.pdf\u0026Expires=1733019831\u0026Signature=SPtI~0RsEjmP5rskANDZjZgNKMDKcHXiv4FySt9E51rFpcB2t9QiA9szJWgc0rSwnPgRX3OcrlUAj1ohckrYx4mtIgTXBK6T5RQ~t4haShX5cdoWYhzIG6h-8VzayFUsyYmOUIEw-Y5xoUljL9MgpN8wM5FmF9N3BoAhx7AJRtJmPjWvTrOzaULNq-4nyOlA15gIC5julwZ3moXQlzkJk7cdCtxXvy1BjC3qjGPH-SzbE6lugiwIkDnZhMgiywi~VkOsPkSSkGR~NhyoezTh2h5Mf5Argt15zZ33ByMNceB6xwORTttsBJc3UM5AkLKNJSTPE7Gfh2Sz~sy3z~cVAQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"slug":"Court_Efficiency_and_Procurement_Performance","translated_slug":"","page_count":34,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[{"id":89840478,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/89840478/thumbnails/1.jpg","file_name":"20130164.pdf","download_url":"https://www.academia.edu/attachments/89840478/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Court_Efficiency_and_Procurement_Perform.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/89840478/20130164-libre.pdf?1660773014=\u0026response-content-disposition=attachment%3B+filename%3DCourt_Efficiency_and_Procurement_Perform.pdf\u0026Expires=1733019831\u0026Signature=SPtI~0RsEjmP5rskANDZjZgNKMDKcHXiv4FySt9E51rFpcB2t9QiA9szJWgc0rSwnPgRX3OcrlUAj1ohckrYx4mtIgTXBK6T5RQ~t4haShX5cdoWYhzIG6h-8VzayFUsyYmOUIEw-Y5xoUljL9MgpN8wM5FmF9N3BoAhx7AJRtJmPjWvTrOzaULNq-4nyOlA15gIC5julwZ3moXQlzkJk7cdCtxXvy1BjC3qjGPH-SzbE6lugiwIkDnZhMgiywi~VkOsPkSSkGR~NhyoezTh2h5Mf5Argt15zZ33ByMNceB6xwORTttsBJc3UM5AkLKNJSTPE7Gfh2Sz~sy3z~cVAQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"research_interests":[{"id":26,"name":"Business","url":"https://www.academia.edu/Documents/in/Business"},{"id":724,"name":"Economics","url":"https://www.academia.edu/Documents/in/Economics"},{"id":5172,"name":"Procurement","url":"https://www.academia.edu/Documents/in/Procurement"},{"id":35190,"name":"Public Procurement","url":"https://www.academia.edu/Documents/in/Public_Procurement"},{"id":69856,"name":"Social Science Research Network","url":"https://www.academia.edu/Documents/in/Social_Science_Research_Network"},{"id":82218,"name":"Litigation","url":"https://www.academia.edu/Documents/in/Litigation"},{"id":315134,"name":"Delay","url":"https://www.academia.edu/Documents/in/Delay"},{"id":2449812,"name":"Court Efficiency","url":"https://www.academia.edu/Documents/in/Court_Efficiency"}],"urls":[]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="85006344"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" rel="nofollow" href="https://www.academia.edu/85006344/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement"><img alt="Research paper thumbnail of Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement" class="work-thumbnail" src="https://a.academia-assets.com/images/blank-paper.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" rel="nofollow" href="https://www.academia.edu/85006344/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement">Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement</a></div><div class="wp-workCard_item"><span>European Journal of Political Economy</span></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">Abstract We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsour...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">Abstract We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="85006344"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="85006344"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 85006344; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=85006344]").text(description); $(".js-view-count[data-work-id=85006344]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 85006344; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='85006344']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 85006344, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (false){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "-1" } } $('.js-work-strip[data-work-id=85006344]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":85006344,"title":"Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement","translated_title":"","metadata":{"abstract":"Abstract We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).","publisher":"Elsevier BV","publication_name":"European Journal of Political Economy"},"translated_abstract":"Abstract We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).","internal_url":"https://www.academia.edu/85006344/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement","translated_internal_url":"","created_at":"2022-08-17T14:03:08.603-07:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[],"slug":"Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement","translated_slug":"","page_count":null,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[],"research_interests":[{"id":26,"name":"Business","url":"https://www.academia.edu/Documents/in/Business"},{"id":5172,"name":"Procurement","url":"https://www.academia.edu/Documents/in/Procurement"},{"id":21895,"name":"Outsourcing","url":"https://www.academia.edu/Documents/in/Outsourcing"},{"id":27659,"name":"Applied Economics","url":"https://www.academia.edu/Documents/in/Applied_Economics"},{"id":80915,"name":"European Political Economy","url":"https://www.academia.edu/Documents/in/European_Political_Economy"},{"id":136246,"name":"Subcontracting","url":"https://www.academia.edu/Documents/in/Subcontracting"},{"id":1490802,"name":"Public procurement and SMEs","url":"https://www.academia.edu/Documents/in/Public_procurement_and_SMEs"},{"id":3786872,"name":"outsourcing in public procurement","url":"https://www.academia.edu/Documents/in/outsourcing_in_public_procurement"}],"urls":[{"id":23055416,"url":"https://api.elsevier.com/content/article/PII:S0176268020300987?httpAccept=text/xml"}]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="83278019"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/83278019/Consumer_Inertia_and_Firm_Incumbency_in_Liberalised_Retail_Electricity_Markets_An_Empirical_Investigation"><img alt="Research paper thumbnail of Consumer Inertia and Firm Incumbency in Liberalised Retail Electricity Markets: An Empirical Investigation" class="work-thumbnail" src="https://attachments.academia-assets.com/88677431/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/83278019/Consumer_Inertia_and_Firm_Incumbency_in_Liberalised_Retail_Electricity_Markets_An_Empirical_Investigation">Consumer Inertia and Firm Incumbency in Liberalised Retail Electricity Markets: An Empirical Investigation</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">By exploiting an original 4-year dataset on the Italian retail electricity market, we investigate...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">By exploiting an original 4-year dataset on the Italian retail electricity market, we investigate the relationship between firm incumbency — measured by market concentration at the regional level — and consumer inertia — identified by the yearly percentage of consumers switching providers and/or contract, both from the regulated to the free market and within the free market. Our main results show that i) regions recording stronger firm incumbency exhibit larger consumer inertia in leaving the regulated market, this effect being reinforced by the number of active free market retailers; ii) switching by consumers who already are in the free market is, instead, positively affected by firm incumbency. In light of these results, we provide prescriptions for policymakers targeting the migration of consumers towards free-market contracts and, consequently, full energy market liberalisation.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="64e17e15769c9bb2dc23a7b24f293d1b" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":88677431,"asset_id":83278019,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/88677431/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="83278019"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="83278019"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 83278019; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=83278019]").text(description); $(".js-view-count[data-work-id=83278019]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 83278019; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='83278019']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 83278019, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "64e17e15769c9bb2dc23a7b24f293d1b" } } $('.js-work-strip[data-work-id=83278019]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":83278019,"title":"Consumer Inertia and Firm Incumbency in Liberalised Retail Electricity Markets: An Empirical Investigation","translated_title":"","metadata":{"abstract":"By exploiting an original 4-year dataset on the Italian retail electricity market, we investigate the relationship between firm incumbency — measured by market concentration at the regional level — and consumer inertia — identified by the yearly percentage of consumers switching providers and/or contract, both from the regulated to the free market and within the free market. Our main results show that i) regions recording stronger firm incumbency exhibit larger consumer inertia in leaving the regulated market, this effect being reinforced by the number of active free market retailers; ii) switching by consumers who already are in the free market is, instead, positively affected by firm incumbency. In light of these results, we provide prescriptions for policymakers targeting the migration of consumers towards free-market contracts and, consequently, full energy market liberalisation.","publication_date":{"day":null,"month":null,"year":2021,"errors":{}}},"translated_abstract":"By exploiting an original 4-year dataset on the Italian retail electricity market, we investigate the relationship between firm incumbency — measured by market concentration at the regional level — and consumer inertia — identified by the yearly percentage of consumers switching providers and/or contract, both from the regulated to the free market and within the free market. Our main results show that i) regions recording stronger firm incumbency exhibit larger consumer inertia in leaving the regulated market, this effect being reinforced by the number of active free market retailers; ii) switching by consumers who already are in the free market is, instead, positively affected by firm incumbency. In light of these results, we provide prescriptions for policymakers targeting the migration of consumers towards free-market contracts and, consequently, full energy market liberalisation.","internal_url":"https://www.academia.edu/83278019/Consumer_Inertia_and_Firm_Incumbency_in_Liberalised_Retail_Electricity_Markets_An_Empirical_Investigation","translated_internal_url":"","created_at":"2022-07-17T01:33:28.958-07:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[{"id":88677431,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/88677431/thumbnails/1.jpg","file_name":"20210277.pdf","download_url":"https://www.academia.edu/attachments/88677431/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Consumer_Inertia_and_Firm_Incumbency_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/88677431/20210277-libre.pdf?1658051024=\u0026response-content-disposition=attachment%3B+filename%3DConsumer_Inertia_and_Firm_Incumbency_in.pdf\u0026Expires=1733019831\u0026Signature=gPj82IwEk7PEHxdENgUZpAADUigyAB59SAseMSI3XPHFnUKKwTS~ZMyqrMXXQQbghooIh5vnVku4kZsujPlI8rrIYfwAjT-f~9a7-yQRr2eGtARhyKBtoH3aP2fVwG0c1MOC9Zf3D2kdjuZaNiMAqkw25~nT9jcAVFbGaNYlQXalJV9P0agI5ZetCnLGPH7M96rWw6xmrFCpZMyTolJfgEQXHA3iQue8w2P2B9UTHyzzOp7rEEMOdnBPCJPWhdP7yUtAQlZW3e4gBrtQPOqsY-g5NLdKLWAFs1fprbeB7iXuj3Hkq8bMaFm1z1phTIFqIecJJycJ~IIuAQViNU9VOg__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"slug":"Consumer_Inertia_and_Firm_Incumbency_in_Liberalised_Retail_Electricity_Markets_An_Empirical_Investigation","translated_slug":"","page_count":35,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[{"id":88677431,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/88677431/thumbnails/1.jpg","file_name":"20210277.pdf","download_url":"https://www.academia.edu/attachments/88677431/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Consumer_Inertia_and_Firm_Incumbency_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/88677431/20210277-libre.pdf?1658051024=\u0026response-content-disposition=attachment%3B+filename%3DConsumer_Inertia_and_Firm_Incumbency_in.pdf\u0026Expires=1733019831\u0026Signature=gPj82IwEk7PEHxdENgUZpAADUigyAB59SAseMSI3XPHFnUKKwTS~ZMyqrMXXQQbghooIh5vnVku4kZsujPlI8rrIYfwAjT-f~9a7-yQRr2eGtARhyKBtoH3aP2fVwG0c1MOC9Zf3D2kdjuZaNiMAqkw25~nT9jcAVFbGaNYlQXalJV9P0agI5ZetCnLGPH7M96rWw6xmrFCpZMyTolJfgEQXHA3iQue8w2P2B9UTHyzzOp7rEEMOdnBPCJPWhdP7yUtAQlZW3e4gBrtQPOqsY-g5NLdKLWAFs1fprbeB7iXuj3Hkq8bMaFm1z1phTIFqIecJJycJ~IIuAQViNU9VOg__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"},{"id":88677432,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/88677432/thumbnails/1.jpg","file_name":"20210277.pdf","download_url":"https://www.academia.edu/attachments/88677432/download_file","bulk_download_file_name":"Consumer_Inertia_and_Firm_Incumbency_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/88677432/20210277-libre.pdf?1658051044=\u0026response-content-disposition=attachment%3B+filename%3DConsumer_Inertia_and_Firm_Incumbency_in.pdf\u0026Expires=1733019831\u0026Signature=RxjoNzl5CW0C9~qUQ2srllqpS9J9XiV6CaOtgZ2LE2BchqXZD5NVZT1JL8PvfeTLmHgQuZ344wcR0z63FaU6sJWoScuA7Z9zMO~PXkQlGrtn2daQ9y~mzOtxDAxRIMHjA6Ngqd-AGrhCh8hj6Xkyfz8mo-ZO6XckR7-IFiFrzmtxz3PKrinMjPL9IXPCr3Qs4569WnYhWZU2H1yJt8joEPUlflSx387xLBgC~Bz2tv10UwgwbgTdGl0KryGaGBLUGimgRtYff-0bPHxZovPRmjxGMSgYffco~~~O2TJASKWHX4BySAwxVj-uFmQJyb-bVbaNOOD6rLIsmyQaxLieXQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"research_interests":[],"urls":[{"id":22231680,"url":"https://www.economia.unipd.it/sites/economia.unipd.it/files/20210277.pdf"}]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="80937423"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/80937423/Restructuring_Italian_Utility_Markets_Household_Distributional_Effects"><img alt="Research paper thumbnail of Restructuring Italian Utility Markets: Household Distributional Effects" class="work-thumbnail" src="https://attachments.academia-assets.com/87152314/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/80937423/Restructuring_Italian_Utility_Markets_Household_Distributional_Effects">Restructuring Italian Utility Markets: Household Distributional Effects</a></div><div class="wp-workCard_item"><span>SSRN Electronic Journal</span><span>, 2005</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="6a9c9e23a1f15b13bb0ad4a639a2be83" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":87152314,"asset_id":80937423,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/87152314/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="80937423"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="80937423"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 80937423; 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In this paper we try and analyse the welfare effects of these reforms in Italy, with particular attention to water and energy goods. The first step is to introduce a sensible measure of affordability of public utilities and to see how many households fall below a critical threshold. This issue is analysed stressing how climatic conditions dramatically affect households' expenditure and how the affordability of utility bills varies a lot from region to region. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="75054793"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/75054793/DSEA_University_of_Padova_and_OIPE"><img alt="Research paper thumbnail of DSEA, University of Padova and OIPE" class="work-thumbnail" src="https://attachments.academia-assets.com/82978975/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/75054793/DSEA_University_of_Padova_and_OIPE">DSEA, University of Padova and OIPE</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">We use the nearest neighbour propensity score matching to link dwellings holding Energy Performan...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">We use the nearest neighbour propensity score matching to link dwellings holding Energy Performance Certificates (EPCs) in the Italian province of Treviso with information on the socio-economic characteristics of households most likely to inhabit them. We construct a database of 17,405 dwellings for which information on standardized energy needs is matched to data on (potential) inhabitants and their imputed income, based respectively on census records and survey data. Our analysis shows that EPC registers can be exploited to investigate how income and housing conditions affect fuel poverty and to identify municipal areas with higher fuel poverty risk. Our findings highlight that when designing interventions to reduce fuel poverty, policymakers should target households based not only on their income but also on type of heating fuel, and on efficiency and the size of their accommodation. (135 words) JEL CODE: C21; I32; Q48.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="74bcb245604ca8509c047f43551a07a4" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":82978975,"asset_id":75054793,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/82978975/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="75054793"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="75054793"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 75054793; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=75054793]").text(description); $(".js-view-count[data-work-id=75054793]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 75054793; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='75054793']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 75054793, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "74bcb245604ca8509c047f43551a07a4" } } $('.js-work-strip[data-work-id=75054793]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":75054793,"title":"DSEA, University of Padova and OIPE","translated_title":"","metadata":{"abstract":"We use the nearest neighbour propensity score matching to link dwellings holding Energy Performance Certificates (EPCs) in the Italian province of Treviso with information on the socio-economic characteristics of households most likely to inhabit them. We construct a database of 17,405 dwellings for which information on standardized energy needs is matched to data on (potential) inhabitants and their imputed income, based respectively on census records and survey data. Our analysis shows that EPC registers can be exploited to investigate how income and housing conditions affect fuel poverty and to identify municipal areas with higher fuel poverty risk. Our findings highlight that when designing interventions to reduce fuel poverty, policymakers should target households based not only on their income but also on type of heating fuel, and on efficiency and the size of their accommodation. (135 words) JEL CODE: C21; I32; Q48.","publication_date":{"day":null,"month":null,"year":2020,"errors":{}}},"translated_abstract":"We use the nearest neighbour propensity score matching to link dwellings holding Energy Performance Certificates (EPCs) in the Italian province of Treviso with information on the socio-economic characteristics of households most likely to inhabit them. We construct a database of 17,405 dwellings for which information on standardized energy needs is matched to data on (potential) inhabitants and their imputed income, based respectively on census records and survey data. Our analysis shows that EPC registers can be exploited to investigate how income and housing conditions affect fuel poverty and to identify municipal areas with higher fuel poverty risk. Our findings highlight that when designing interventions to reduce fuel poverty, policymakers should target households based not only on their income but also on type of heating fuel, and on efficiency and the size of their accommodation. 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Sebbene l’obiettivo di assicurare un accesso alla risorsa non subordinato alla “ability to pay” rimanga uno dei principi cardine dell’offerta, la riforma italiana del servizio idrico – avviata a partire dalla Legge Galli 36/1994 - configura una gestione industriale su larga scala dell’intera filiera di produzione, distribuzione e depurazione dell’acqua potabile, con il duplice scopo di rilanciare gli investimenti nello sviluppo dei servizi e di creare una gestione in grado di “autofinanziarsi” attraverso entrate tariffarie, secondo un principio di full cost recovery. Il metodo tariffario vigente - conosciuto come Metodo Tariffario Normalizzato – incorpora concretamente tali principi; recentemente, tale metodo e stato oggetto di una proposta di revisione da parte del Comitato di Vigilanza sull’Uso delle Risorse Idriche. In questo lavoro viene dapprima presentata una bre...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="2ed3ec2a8c3bbd9b2aa0bd3e0943c134" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":83469394,"asset_id":75054791,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/83469394/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="75054791"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="75054791"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 75054791; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=75054791]").text(description); $(".js-view-count[data-work-id=75054791]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 75054791; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='75054791']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 75054791, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "2ed3ec2a8c3bbd9b2aa0bd3e0943c134" } } $('.js-work-strip[data-work-id=75054791]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":75054791,"title":"Una valutazione dele ipotesi di revisione del Metodo Tariffario Normalizzato per il servizio idrico integrato","translated_title":"","metadata":{"abstract":"L’acqua e un bene pubblico essenziale in grado di generare una pluralita di domande spesso in concorrenza tra loro. Sebbene l’obiettivo di assicurare un accesso alla risorsa non subordinato alla “ability to pay” rimanga uno dei principi cardine dell’offerta, la riforma italiana del servizio idrico – avviata a partire dalla Legge Galli 36/1994 - configura una gestione industriale su larga scala dell’intera filiera di produzione, distribuzione e depurazione dell’acqua potabile, con il duplice scopo di rilanciare gli investimenti nello sviluppo dei servizi e di creare una gestione in grado di “autofinanziarsi” attraverso entrate tariffarie, secondo un principio di full cost recovery. Il metodo tariffario vigente - conosciuto come Metodo Tariffario Normalizzato – incorpora concretamente tali principi; recentemente, tale metodo e stato oggetto di una proposta di revisione da parte del Comitato di Vigilanza sull’Uso delle Risorse Idriche. 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Il metodo tariffario vigente - conosciuto come Metodo Tariffario Normalizzato – incorpora concretamente tali principi; recentemente, tale metodo e stato oggetto di una proposta di revisione da parte del Comitato di Vigilanza sull’Uso delle Risorse Idriche. 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Option to Revoke and Regulation of Local Utilities. Michele Moretto and Paola Valbonesi June...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">... Option to Revoke and Regulation of Local Utilities. Michele Moretto and Paola Valbonesi June 2000 ... 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In particular: Section A and B contain the proofs of Proposition 1 and 2, respectively; Section C presents the results of a simulation exercise that support the theoretical predictions of the Cognitive Hierarchy model; Section D contains additional descriptive and inferential evidence that is discussed in the empirical part of the paper. ∗Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy. Email: <a href="mailto:stefano.galavotti@unipd.it" rel="nofollow">stefano.galavotti@unipd.it</a>. †Centre d’Economie de la Sorbonne, Université Paris 1 Panthéon-Sorbonne, 106-112 Bvd de l’Hôpital, 75013 Paris, France. Email: <a href="mailto:luigi.moretti@univ-paris1.fr" rel="nofollow">luigi.moretti@univ-paris1.fr</a>. ‡Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy; Higher School of Economics, National Research University, Moscow-Perm, Russia. Email: <a href="mailto:paola.valbonesi@unipd.it" rel="nofollow">paola.valbonesi@unipd.it</a>.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="9865679e1c441bb39ba4f222f93c8d07" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":79894328,"asset_id":70003193,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/79894328/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="70003193"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="70003193"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 70003193; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=70003193]").text(description); $(".js-view-count[data-work-id=70003193]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 70003193; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='70003193']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 70003193, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "9865679e1c441bb39ba4f222f93c8d07" } } $('.js-work-strip[data-work-id=70003193]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":70003193,"title":"Sophisticated Bidders in Beauty-Contest Auctions Online Appendix","translated_title":"","metadata":{"abstract":"This Online Appendix contains additional material that complements the paper “Sophisticated Bidders in Beauty-Contest Auctions”. In particular: Section A and B contain the proofs of Proposition 1 and 2, respectively; Section C presents the results of a simulation exercise that support the theoretical predictions of the Cognitive Hierarchy model; Section D contains additional descriptive and inferential evidence that is discussed in the empirical part of the paper. ∗Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy. Email: stefano.galavotti@unipd.it. †Centre d’Economie de la Sorbonne, Université Paris 1 Panthéon-Sorbonne, 106-112 Bvd de l’Hôpital, 75013 Paris, France. Email: luigi.moretti@univ-paris1.fr. ‡Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy; Higher School of Economics, National Research University, Moscow-Perm, Russia. 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To assess the effect of the reforms on firms’ performance, we use information on all the 20 Italian concessionaires over the 1992-2003 period and 1) estimate the technical progress in the industry, thereby providing a reference value for the X factor in the price cap formula; 2) assess the relative productivity of private vs. public concessionaires; 3) evaluate whether price cap regulation has induced firms to use resources efficiently, 4) determine the possible effect of the inclusion of the quality index in the price cap formula. We find that the introduction of a price cap regime does not increase firms’ productivity whereas a sharp increase in maintenance costs is recorded, arguably due to the quality indicator in the price cap formula. Furthermore, firms appear to have gained from the privatisation proces...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="5a7c9168acb3df3ee5c05c28e6c05c16" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":79894327,"asset_id":70003192,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/79894327/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="70003192"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="70003192"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 70003192; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=70003192]").text(description); $(".js-view-count[data-work-id=70003192]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 70003192; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='70003192']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 70003192, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "5a7c9168acb3df3ee5c05c28e6c05c16" } } $('.js-work-strip[data-work-id=70003192]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":70003192,"title":"Privatisation, regulation and productivity in the Italian motorway industry","translated_title":"","metadata":{"abstract":"The Italian highway industry has undergone an institutional and regulatory reform through the last decade, characterised by changes in ownership and a new price cap framework. 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Furthermore, firms appear to have gained from the privatisation proces...","publication_date":{"day":null,"month":null,"year":2005,"errors":{}}},"translated_abstract":"The Italian highway industry has undergone an institutional and regulatory reform through the last decade, characterised by changes in ownership and a new price cap framework. To assess the effect of the reforms on firms’ performance, we use information on all the 20 Italian concessionaires over the 1992-2003 period and 1) estimate the technical progress in the industry, thereby providing a reference value for the X factor in the price cap formula; 2) assess the relative productivity of private vs. public concessionaires; 3) evaluate whether price cap regulation has induced firms to use resources efficiently, 4) determine the possible effect of the inclusion of the quality index in the price cap formula. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="70003191"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" rel="nofollow" href="https://www.academia.edu/70003191/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement"><img alt="Research paper thumbnail of Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement" class="work-thumbnail" src="https://a.academia-assets.com/images/blank-paper.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" rel="nofollow" href="https://www.academia.edu/70003191/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement">Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement</a></div><div class="wp-workCard_item"><span>European Journal of Political Economy</span><span>, 2020</span></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part o...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="70003191"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="70003191"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 70003191; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=70003191]").text(description); $(".js-view-count[data-work-id=70003191]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 70003191; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='70003191']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 70003191, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (false){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "-1" } } $('.js-work-strip[data-work-id=70003191]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":70003191,"title":"Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement","translated_title":"","metadata":{"abstract":"We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).","publication_date":{"day":null,"month":null,"year":2020,"errors":{}},"publication_name":"European Journal of Political Economy"},"translated_abstract":"We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).","internal_url":"https://www.academia.edu/70003191/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement","translated_internal_url":"","created_at":"2022-01-29T23:31:02.064-08:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[],"slug":"Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement","translated_slug":"","page_count":null,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[],"research_interests":[{"id":26,"name":"Business","url":"https://www.academia.edu/Documents/in/Business"},{"id":80915,"name":"European Political Economy","url":"https://www.academia.edu/Documents/in/European_Political_Economy"},{"id":136246,"name":"Subcontracting","url":"https://www.academia.edu/Documents/in/Subcontracting"},{"id":1490802,"name":"Public procurement and SMEs","url":"https://www.academia.edu/Documents/in/Public_procurement_and_SMEs"},{"id":3786872,"name":"outsourcing in public procurement","url":"https://www.academia.edu/Documents/in/outsourcing_in_public_procurement"}],"urls":[]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="70003190"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/70003190/Oil_Price_Uncertainty_and_Conflicts_Evidence_from_the_Middle_East_and_North_Africa"><img alt="Research paper thumbnail of Oil Price Uncertainty and Conflicts: Evidence from the Middle East and North Africa" class="work-thumbnail" src="https://attachments.academia-assets.com/79894325/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/70003190/Oil_Price_Uncertainty_and_Conflicts_Evidence_from_the_Middle_East_and_North_Africa">Oil Price Uncertainty and Conflicts: Evidence from the Middle East and North Africa</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">We empirically study the relationship between oil price uncertainty and conflict incidence by usi...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">We empirically study the relationship between oil price uncertainty and conflict incidence by using different Vector Auto-Regressive (VAR) models, also augmented with Heterogeneous (VHAR) components. We build two measures for oil price uncertainty and investigate the Middle East and North Africa (MENA) interstate conflict, civil conflict and terrorist attacks data. Our results show that uncertainty in the oil market increases the incidence of conflict in the region. By further decomposing the model for OPEC and non-OPEC members of the region, we find that while the OPEC members immunise themselves against conflict, oil price uncertainty affects the conflict in non-OPEC members positively.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="45625b08872f035ee12f694acdaac73a" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":79894325,"asset_id":70003190,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/79894325/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="70003190"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="70003190"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 70003190; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=70003190]").text(description); $(".js-view-count[data-work-id=70003190]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 70003190; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='70003190']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 70003190, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "45625b08872f035ee12f694acdaac73a" } } $('.js-work-strip[data-work-id=70003190]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":70003190,"title":"Oil Price Uncertainty and Conflicts: Evidence from the Middle East and North Africa","translated_title":"","metadata":{"abstract":"We empirically study the relationship between oil price uncertainty and conflict incidence by using different Vector Auto-Regressive (VAR) models, also augmented with Heterogeneous (VHAR) components. 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Our results show that uncertainty in the oil market increases the incidence of conflict in the region. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="70003189"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/70003189/Efficient_design_of_set_aside_auctions_for_small_businesses_an_empirical_analysis"><img alt="Research paper thumbnail of Efficient design of set-aside auctions for small businesses: an empirical analysis" class="work-thumbnail" src="https://attachments.academia-assets.com/79894323/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/70003189/Efficient_design_of_set_aside_auctions_for_small_businesses_an_empirical_analysis">Efficient design of set-aside auctions for small businesses: an empirical analysis</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">Government support to small business enterprises (SBEs) through set-aside (SA) public procurement...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">Government support to small business enterprises (SBEs) through set-aside (SA) public procurement auctions is a common practice. The effect of the SA mechanism is, however, ambiguous. On the one hand, SA auctions can attract more SBEs to compete; on the other hand, SA auctions restrict the entry of—possibly—more cost-efficient large firms. We investigate SA auctions’ effect by exploiting an original Russian database on public procurement e-auctions for granulated sugar (a largely homogeneous good) in the period 2011-2013. To identify the causal effect of SA auctions, we overcome two endogeneity issues: procurers’ choice of SA format and firms’ decision to bid. In an empirical setting where confounding elements are minimized, we found that SA auctions’ effect largely depends on both the reserve price value and the level of competition. We found that there exists an optimal interval for the reserve price where SA auctions record lower procurement prices, as compared to non-SA auctions.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="6769c74628cdf37f7a945fc3037ae003" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":79894323,"asset_id":70003189,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/79894323/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="70003189"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="70003189"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 70003189; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=70003189]").text(description); $(".js-view-count[data-work-id=70003189]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 70003189; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='70003189']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 70003189, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "6769c74628cdf37f7a945fc3037ae003" } } $('.js-work-strip[data-work-id=70003189]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":70003189,"title":"Efficient design of set-aside auctions for small businesses: an empirical analysis","translated_title":"","metadata":{"abstract":"Government support to small business enterprises (SBEs) through set-aside (SA) public procurement auctions is a common practice. The effect of the SA mechanism is, however, ambiguous. On the one hand, SA auctions can attract more SBEs to compete; on the other hand, SA auctions restrict the entry of—possibly—more cost-efficient large firms. We investigate SA auctions’ effect by exploiting an original Russian database on public procurement e-auctions for granulated sugar (a largely homogeneous good) in the period 2011-2013. To identify the causal effect of SA auctions, we overcome two endogeneity issues: procurers’ choice of SA format and firms’ decision to bid. In an empirical setting where confounding elements are minimized, we found that SA auctions’ effect largely depends on both the reserve price value and the level of competition. We found that there exists an optimal interval for the reserve price where SA auctions record lower procurement prices, as compared to non-SA auctions.","publication_date":{"day":null,"month":null,"year":2019,"errors":{}}},"translated_abstract":"Government support to small business enterprises (SBEs) through set-aside (SA) public procurement auctions is a common practice. The effect of the SA mechanism is, however, ambiguous. On the one hand, SA auctions can attract more SBEs to compete; on the other hand, SA auctions restrict the entry of—possibly—more cost-efficient large firms. We investigate SA auctions’ effect by exploiting an original Russian database on public procurement e-auctions for granulated sugar (a largely homogeneous good) in the period 2011-2013. To identify the causal effect of SA auctions, we overcome two endogeneity issues: procurers’ choice of SA format and firms’ decision to bid. In an empirical setting where confounding elements are minimized, we found that SA auctions’ effect largely depends on both the reserve price value and the level of competition. We found that there exists an optimal interval for the reserve price where SA auctions record lower procurement prices, as compared to non-SA auctions.","internal_url":"https://www.academia.edu/70003189/Efficient_design_of_set_aside_auctions_for_small_businesses_an_empirical_analysis","translated_internal_url":"","created_at":"2022-01-29T23:31:01.819-08:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[{"id":79894323,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/79894323/thumbnails/1.jpg","file_name":"20190240-b.pdf","download_url":"https://www.academia.edu/attachments/79894323/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Efficient_design_of_set_aside_auctions_f.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/79894323/20190240-b-libre.pdf?1643530076=\u0026response-content-disposition=attachment%3B+filename%3DEfficient_design_of_set_aside_auctions_f.pdf\u0026Expires=1733019831\u0026Signature=cT0~vzwizE3C~QP29eHoP7QrH0m7KjFU4VamF4CdmBFYs6mbqqi-VcgZX3q4YFjU0xC27BCcQ1y7Ym~xMMMEZMo6rcuNFlWNb7QuDvn6vkQjtnsXUqZpyhBQW9g~qhf6z88vUISzJnAX-OpuAIfKWWJLUIu2X6QOuZ71mtxF7SyW0DuTsqgI009HznmjWj70qSF2piQmyJWTJo9EvslV1DxlQna4X2QtTFk0fA2XTeoYayx4TstDmCLhMh-M1tG08Pwlr8moWGES64fQ5prTMd2hdeHH5Fa0~fqG2Mrm25VH7gVXT-XxweARDtJyoT08c-GzCMvQTpGMKT9Z1Nu9DA__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"slug":"Efficient_design_of_set_aside_auctions_for_small_businesses_an_empirical_analysis","translated_slug":"","page_count":34,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[{"id":79894323,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/79894323/thumbnails/1.jpg","file_name":"20190240-b.pdf","download_url":"https://www.academia.edu/attachments/79894323/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Efficient_design_of_set_aside_auctions_f.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/79894323/20190240-b-libre.pdf?1643530076=\u0026response-content-disposition=attachment%3B+filename%3DEfficient_design_of_set_aside_auctions_f.pdf\u0026Expires=1733019831\u0026Signature=cT0~vzwizE3C~QP29eHoP7QrH0m7KjFU4VamF4CdmBFYs6mbqqi-VcgZX3q4YFjU0xC27BCcQ1y7Ym~xMMMEZMo6rcuNFlWNb7QuDvn6vkQjtnsXUqZpyhBQW9g~qhf6z88vUISzJnAX-OpuAIfKWWJLUIu2X6QOuZ71mtxF7SyW0DuTsqgI009HznmjWj70qSF2piQmyJWTJo9EvslV1DxlQna4X2QtTFk0fA2XTeoYayx4TstDmCLhMh-M1tG08Pwlr8moWGES64fQ5prTMd2hdeHH5Fa0~fqG2Mrm25VH7gVXT-XxweARDtJyoT08c-GzCMvQTpGMKT9Z1Nu9DA__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"},{"id":79894324,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/79894324/thumbnails/1.jpg","file_name":"20190240-b.pdf","download_url":"https://www.academia.edu/attachments/79894324/download_file","bulk_download_file_name":"Efficient_design_of_set_aside_auctions_f.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/79894324/20190240-b-libre.pdf?1643530078=\u0026response-content-disposition=attachment%3B+filename%3DEfficient_design_of_set_aside_auctions_f.pdf\u0026Expires=1733019831\u0026Signature=K6IxyTBr2x2nrh1weXmX4QMx4W0TGz27xq4E37beqHJu8UkQQzocosUTcMfn4gRO1i1chb7zQej76FipJC~v0429~DYQFo2GnYaFhRZDjpHA1gG~Ct1fxw8bdi6qgWNIgVftUZcpEzQCKwXE2KBy3d6ERO6YVkbqUqz9poZ-YVmnJQ4oeF2YqgXxaAzK6uZYsYIvYAEMyVUu4ErHwLNOjEaFMq~ZpYbX~Ra4AR-MIFnmZw2h8W~ZkrvnK~3Cg9WyKplZyTaAHCXZ34AA0LxYcPD4HlLgpPtOIR1YV3u9i4bYYoIJ6D-tgOTIaSVayA2F6HacFUv1YRhkm5d1zz7HgQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"research_interests":[{"id":26,"name":"Business","url":"https://www.academia.edu/Documents/in/Business"}],"urls":[{"id":17106753,"url":"https://www.economia.unipd.it/sites/economia.unipd.it/files/20190240-b.pdf"}]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> </div><div class="profile--tab_content_container js-tab-pane tab-pane" data-section-id="1482151" id="papers"><div class="js-work-strip profile--work_container" data-work-id="85006474"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" rel="nofollow" href="https://www.academia.edu/85006474/Pre_Commercial_Procurement_Procurement_of_Innovative_Solutions_and_Innovation_Partnerships_in_the_EU_Rationale_and_Strategy"><img alt="Research paper thumbnail of Pre-Commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships in the EU: Rationale and Strategy" class="work-thumbnail" src="https://a.academia-assets.com/images/blank-paper.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" rel="nofollow" href="https://www.academia.edu/85006474/Pre_Commercial_Procurement_Procurement_of_Innovative_Solutions_and_Innovation_Partnerships_in_the_EU_Rationale_and_Strategy">Pre-Commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships in the EU: Rationale and Strategy</a></div><div class="wp-workCard_item"><span>SSRN Electronic Journal</span><span>, 2016</span></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">Abstract: We discuss public procurement instruments for acquiring innovation, focusing on the Eur...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">Abstract: We discuss public procurement instruments for acquiring innovation, focusing on the European Pre-commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships. We analyse in particular how firms’ innovation incentives are affected by: (i) economies of scope and externalities between R&amp;D and large-scale production; (ii) the degree of specificity of the innovation; (iii) the presence of Small and Medium Enterprises (SMEs) in the market and the level of market competition; (iv) the risk of market foreclosure and supplier lock-in. Our study contributes to the literature on incentives in demand-side innovation policy by tapping into the contractual design features and by offering relevant implications for academics and policy makers. (107 words)</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="85006474"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="85006474"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 85006474; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=85006474]").text(description); $(".js-view-count[data-work-id=85006474]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 85006474; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='85006474']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 85006474, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (false){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "-1" } } $('.js-work-strip[data-work-id=85006474]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":85006474,"title":"Pre-Commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships in the EU: Rationale and Strategy","translated_title":"","metadata":{"abstract":"Abstract: We discuss public procurement instruments for acquiring innovation, focusing on the European Pre-commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships. We analyse in particular how firms’ innovation incentives are affected by: (i) economies of scope and externalities between R\u0026amp;D and large-scale production; (ii) the degree of specificity of the innovation; (iii) the presence of Small and Medium Enterprises (SMEs) in the market and the level of market competition; (iv) the risk of market foreclosure and supplier lock-in. Our study contributes to the literature on incentives in demand-side innovation policy by tapping into the contractual design features and by offering relevant implications for academics and policy makers. (107 words)","publisher":"Elsevier BV","publication_date":{"day":null,"month":null,"year":2016,"errors":{}},"publication_name":"SSRN Electronic Journal"},"translated_abstract":"Abstract: We discuss public procurement instruments for acquiring innovation, focusing on the European Pre-commercial Procurement, Procurement of Innovative Solutions and Innovation Partnerships. 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(107 words)","internal_url":"https://www.academia.edu/85006474/Pre_Commercial_Procurement_Procurement_of_Innovative_Solutions_and_Innovation_Partnerships_in_the_EU_Rationale_and_Strategy","translated_internal_url":"","created_at":"2022-08-17T14:04:53.612-07:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[],"slug":"Pre_Commercial_Procurement_Procurement_of_Innovative_Solutions_and_Innovation_Partnerships_in_the_EU_Rationale_and_Strategy","translated_slug":"","page_count":null,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[],"research_interests":[{"id":26,"name":"Business","url":"https://www.academia.edu/Documents/in/Business"},{"id":5172,"name":"Procurement","url":"https://www.academia.edu/Documents/in/Procurement"},{"id":27659,"name":"Applied Economics","url":"https://www.academia.edu/Documents/in/Applied_Economics"},{"id":69856,"name":"Social Science Research Network","url":"https://www.academia.edu/Documents/in/Social_Science_Research_Network"},{"id":226509,"name":"Government Procurement","url":"https://www.academia.edu/Documents/in/Government_Procurement"}],"urls":[]}, dispatcherData: dispatcherData }); 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The experiment allows us to compare subjects'behavior in a benchmark treatment with a single public good and in treatments with more public goods than can be funded. We show how the availability of numerous, more-e¢ cient public goods may not make subjects better o¤. This is because multiple options decrease the probability of coordination and discourage contributions. The availability of several less-e¢ cient options does not alter coordination and contributions relative to the benchmark.","publication_date":{"day":null,"month":null,"year":2012,"errors":{}},"publication_name":"SSRN Electronic Journal","grobid_abstract_attachment_id":89840500},"translated_abstract":null,"internal_url":"https://www.academia.edu/85006472/Salience_Coordination_and_Cooperation_in_Contributing_to_Threshold_Public_Goods","translated_internal_url":"","created_at":"2022-08-17T14:04:53.445-07:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[{"id":89840500,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/89840500/thumbnails/1.jpg","file_name":"corazzini_cotton_valbonesi.pdf","download_url":"https://www.academia.edu/attachments/89840500/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Salience_Coordination_and_Cooperation_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/89840500/corazzini_cotton_valbonesi-libre.pdf?1660773001=\u0026response-content-disposition=attachment%3B+filename%3DSalience_Coordination_and_Cooperation_in.pdf\u0026Expires=1733019831\u0026Signature=DpTXtFW7159B3O9uQ7TvcAPp9t6Y6FizwFTGlWWL7CD5FDOccQQdu2-0esr5Gjoga1Atuz~ICIvQatUds4709d3NhL7PqStwGSWfw442F5NgbjQOpNn9Zif9~EkPy-sG4flBQx0znKf6cyu4HzBexpjWY0Gu0Ki~xXfYWdzQXvRumRHLu8SKjEMMIBHJFV05AWrCL5R-mSj7y3MGi3kShPVPGDkH6UGcoOOWFdHUv4r1J3GHaUd3DEiQB8f9ev9W-TTeo20MhbuBEC7-L1bDS5zLuRYqPNVEUBs-XIAoxquQVWJ6EivkXbDVmcsUmTgdAp3rxNkwOyIdcHj0oDSCkQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"slug":"Salience_Coordination_and_Cooperation_in_Contributing_to_Threshold_Public_Goods","translated_slug":"","page_count":28,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[{"id":89840500,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/89840500/thumbnails/1.jpg","file_name":"corazzini_cotton_valbonesi.pdf","download_url":"https://www.academia.edu/attachments/89840500/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Salience_Coordination_and_Cooperation_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/89840500/corazzini_cotton_valbonesi-libre.pdf?1660773001=\u0026response-content-disposition=attachment%3B+filename%3DSalience_Coordination_and_Cooperation_in.pdf\u0026Expires=1733019831\u0026Signature=DpTXtFW7159B3O9uQ7TvcAPp9t6Y6FizwFTGlWWL7CD5FDOccQQdu2-0esr5Gjoga1Atuz~ICIvQatUds4709d3NhL7PqStwGSWfw442F5NgbjQOpNn9Zif9~EkPy-sG4flBQx0znKf6cyu4HzBexpjWY0Gu0Ki~xXfYWdzQXvRumRHLu8SKjEMMIBHJFV05AWrCL5R-mSj7y3MGi3kShPVPGDkH6UGcoOOWFdHUv4r1J3GHaUd3DEiQB8f9ev9W-TTeo20MhbuBEC7-L1bDS5zLuRYqPNVEUBs-XIAoxquQVWJ6EivkXbDVmcsUmTgdAp3rxNkwOyIdcHj0oDSCkQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"research_interests":[{"id":69856,"name":"Social Science Research Network","url":"https://www.academia.edu/Documents/in/Social_Science_Research_Network"},{"id":219927,"name":"Efficiency","url":"https://www.academia.edu/Documents/in/Efficiency"},{"id":294765,"name":"Salience","url":"https://www.academia.edu/Documents/in/Salience"}],"urls":[]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="85006471"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/85006471/Court_Efficiency_and_Procurement_Performance"><img alt="Research paper thumbnail of Court Efficiency and Procurement Performance" class="work-thumbnail" src="https://attachments.academia-assets.com/89840478/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/85006471/Court_Efficiency_and_Procurement_Performance">Court Efficiency and Procurement Performance</a></div><div class="wp-workCard_item"><span>SSRN Electronic Journal</span><span>, 2014</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="1ce5648e34723cccff4811c25979c8c5" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":89840478,"asset_id":85006471,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/89840478/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="85006471"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="85006471"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 85006471; 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Using a large dataset on Italian public procurement contracts, we study the effects of the inefficiency of the local law courts on the delay with which contractors deliver public works. First we sketch a simple model to see how inefficient law courts-i.e. those characterized by longer average duration of trials-may induce public buyers to refrain from enforcing penalties for late delivery in order to avoid costly disputes in court. Then our empirical findings show that, where the local law courts are inefficient: i) public works are delivered with longer delays, and this applies particularly to higher-value contracts-i.e. complex projects; ii) contracts are more often awarded to larger firms; and iii) on average, a higher share of final payment in contracts is adopted. These results are not driven by omitted environmental variables, since we show that delays in the completion of contracted works are still affected by the efficiency of the local law courts after including province-related fixed effects in the model and considering other possible explanations for our findings.","publication_date":{"day":null,"month":null,"year":2014,"errors":{}},"publication_name":"SSRN Electronic Journal","grobid_abstract_attachment_id":89840478},"translated_abstract":null,"internal_url":"https://www.academia.edu/85006471/Court_Efficiency_and_Procurement_Performance","translated_internal_url":"","created_at":"2022-08-17T14:04:53.309-07:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[{"id":89840478,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/89840478/thumbnails/1.jpg","file_name":"20130164.pdf","download_url":"https://www.academia.edu/attachments/89840478/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Court_Efficiency_and_Procurement_Perform.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/89840478/20130164-libre.pdf?1660773014=\u0026response-content-disposition=attachment%3B+filename%3DCourt_Efficiency_and_Procurement_Perform.pdf\u0026Expires=1733019831\u0026Signature=SPtI~0RsEjmP5rskANDZjZgNKMDKcHXiv4FySt9E51rFpcB2t9QiA9szJWgc0rSwnPgRX3OcrlUAj1ohckrYx4mtIgTXBK6T5RQ~t4haShX5cdoWYhzIG6h-8VzayFUsyYmOUIEw-Y5xoUljL9MgpN8wM5FmF9N3BoAhx7AJRtJmPjWvTrOzaULNq-4nyOlA15gIC5julwZ3moXQlzkJk7cdCtxXvy1BjC3qjGPH-SzbE6lugiwIkDnZhMgiywi~VkOsPkSSkGR~NhyoezTh2h5Mf5Argt15zZ33ByMNceB6xwORTttsBJc3UM5AkLKNJSTPE7Gfh2Sz~sy3z~cVAQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"slug":"Court_Efficiency_and_Procurement_Performance","translated_slug":"","page_count":34,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[{"id":89840478,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/89840478/thumbnails/1.jpg","file_name":"20130164.pdf","download_url":"https://www.academia.edu/attachments/89840478/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Court_Efficiency_and_Procurement_Perform.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/89840478/20130164-libre.pdf?1660773014=\u0026response-content-disposition=attachment%3B+filename%3DCourt_Efficiency_and_Procurement_Perform.pdf\u0026Expires=1733019831\u0026Signature=SPtI~0RsEjmP5rskANDZjZgNKMDKcHXiv4FySt9E51rFpcB2t9QiA9szJWgc0rSwnPgRX3OcrlUAj1ohckrYx4mtIgTXBK6T5RQ~t4haShX5cdoWYhzIG6h-8VzayFUsyYmOUIEw-Y5xoUljL9MgpN8wM5FmF9N3BoAhx7AJRtJmPjWvTrOzaULNq-4nyOlA15gIC5julwZ3moXQlzkJk7cdCtxXvy1BjC3qjGPH-SzbE6lugiwIkDnZhMgiywi~VkOsPkSSkGR~NhyoezTh2h5Mf5Argt15zZ33ByMNceB6xwORTttsBJc3UM5AkLKNJSTPE7Gfh2Sz~sy3z~cVAQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"research_interests":[{"id":26,"name":"Business","url":"https://www.academia.edu/Documents/in/Business"},{"id":724,"name":"Economics","url":"https://www.academia.edu/Documents/in/Economics"},{"id":5172,"name":"Procurement","url":"https://www.academia.edu/Documents/in/Procurement"},{"id":35190,"name":"Public Procurement","url":"https://www.academia.edu/Documents/in/Public_Procurement"},{"id":69856,"name":"Social Science Research Network","url":"https://www.academia.edu/Documents/in/Social_Science_Research_Network"},{"id":82218,"name":"Litigation","url":"https://www.academia.edu/Documents/in/Litigation"},{"id":315134,"name":"Delay","url":"https://www.academia.edu/Documents/in/Delay"},{"id":2449812,"name":"Court Efficiency","url":"https://www.academia.edu/Documents/in/Court_Efficiency"}],"urls":[]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="85006344"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" rel="nofollow" href="https://www.academia.edu/85006344/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement"><img alt="Research paper thumbnail of Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement" class="work-thumbnail" src="https://a.academia-assets.com/images/blank-paper.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" rel="nofollow" href="https://www.academia.edu/85006344/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement">Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement</a></div><div class="wp-workCard_item"><span>European Journal of Political Economy</span></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">Abstract We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsour...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">Abstract We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="85006344"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="85006344"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 85006344; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=85006344]").text(description); $(".js-view-count[data-work-id=85006344]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 85006344; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='85006344']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 85006344, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (false){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "-1" } } $('.js-work-strip[data-work-id=85006344]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":85006344,"title":"Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement","translated_title":"","metadata":{"abstract":"Abstract We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. 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Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).","publisher":"Elsevier BV","publication_name":"European Journal of Political Economy"},"translated_abstract":"Abstract We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).","internal_url":"https://www.academia.edu/85006344/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement","translated_internal_url":"","created_at":"2022-08-17T14:03:08.603-07:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[],"slug":"Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement","translated_slug":"","page_count":null,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[],"research_interests":[{"id":26,"name":"Business","url":"https://www.academia.edu/Documents/in/Business"},{"id":5172,"name":"Procurement","url":"https://www.academia.edu/Documents/in/Procurement"},{"id":21895,"name":"Outsourcing","url":"https://www.academia.edu/Documents/in/Outsourcing"},{"id":27659,"name":"Applied Economics","url":"https://www.academia.edu/Documents/in/Applied_Economics"},{"id":80915,"name":"European Political Economy","url":"https://www.academia.edu/Documents/in/European_Political_Economy"},{"id":136246,"name":"Subcontracting","url":"https://www.academia.edu/Documents/in/Subcontracting"},{"id":1490802,"name":"Public procurement and SMEs","url":"https://www.academia.edu/Documents/in/Public_procurement_and_SMEs"},{"id":3786872,"name":"outsourcing in public procurement","url":"https://www.academia.edu/Documents/in/outsourcing_in_public_procurement"}],"urls":[{"id":23055416,"url":"https://api.elsevier.com/content/article/PII:S0176268020300987?httpAccept=text/xml"}]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="83278019"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/83278019/Consumer_Inertia_and_Firm_Incumbency_in_Liberalised_Retail_Electricity_Markets_An_Empirical_Investigation"><img alt="Research paper thumbnail of Consumer Inertia and Firm Incumbency in Liberalised Retail Electricity Markets: An Empirical Investigation" class="work-thumbnail" src="https://attachments.academia-assets.com/88677431/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/83278019/Consumer_Inertia_and_Firm_Incumbency_in_Liberalised_Retail_Electricity_Markets_An_Empirical_Investigation">Consumer Inertia and Firm Incumbency in Liberalised Retail Electricity Markets: An Empirical Investigation</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">By exploiting an original 4-year dataset on the Italian retail electricity market, we investigate...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">By exploiting an original 4-year dataset on the Italian retail electricity market, we investigate the relationship between firm incumbency — measured by market concentration at the regional level — and consumer inertia — identified by the yearly percentage of consumers switching providers and/or contract, both from the regulated to the free market and within the free market. Our main results show that i) regions recording stronger firm incumbency exhibit larger consumer inertia in leaving the regulated market, this effect being reinforced by the number of active free market retailers; ii) switching by consumers who already are in the free market is, instead, positively affected by firm incumbency. In light of these results, we provide prescriptions for policymakers targeting the migration of consumers towards free-market contracts and, consequently, full energy market liberalisation.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="64e17e15769c9bb2dc23a7b24f293d1b" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":88677431,"asset_id":83278019,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/88677431/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="83278019"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="83278019"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 83278019; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=83278019]").text(description); $(".js-view-count[data-work-id=83278019]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 83278019; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='83278019']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 83278019, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "64e17e15769c9bb2dc23a7b24f293d1b" } } $('.js-work-strip[data-work-id=83278019]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":83278019,"title":"Consumer Inertia and Firm Incumbency in Liberalised Retail Electricity Markets: An Empirical Investigation","translated_title":"","metadata":{"abstract":"By exploiting an original 4-year dataset on the Italian retail electricity market, we investigate the relationship between firm incumbency — measured by market concentration at the regional level — and consumer inertia — identified by the yearly percentage of consumers switching providers and/or contract, both from the regulated to the free market and within the free market. Our main results show that i) regions recording stronger firm incumbency exhibit larger consumer inertia in leaving the regulated market, this effect being reinforced by the number of active free market retailers; ii) switching by consumers who already are in the free market is, instead, positively affected by firm incumbency. In light of these results, we provide prescriptions for policymakers targeting the migration of consumers towards free-market contracts and, consequently, full energy market liberalisation.","publication_date":{"day":null,"month":null,"year":2021,"errors":{}}},"translated_abstract":"By exploiting an original 4-year dataset on the Italian retail electricity market, we investigate the relationship between firm incumbency — measured by market concentration at the regional level — and consumer inertia — identified by the yearly percentage of consumers switching providers and/or contract, both from the regulated to the free market and within the free market. Our main results show that i) regions recording stronger firm incumbency exhibit larger consumer inertia in leaving the regulated market, this effect being reinforced by the number of active free market retailers; ii) switching by consumers who already are in the free market is, instead, positively affected by firm incumbency. In light of these results, we provide prescriptions for policymakers targeting the migration of consumers towards free-market contracts and, consequently, full energy market liberalisation.","internal_url":"https://www.academia.edu/83278019/Consumer_Inertia_and_Firm_Incumbency_in_Liberalised_Retail_Electricity_Markets_An_Empirical_Investigation","translated_internal_url":"","created_at":"2022-07-17T01:33:28.958-07:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[{"id":88677431,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/88677431/thumbnails/1.jpg","file_name":"20210277.pdf","download_url":"https://www.academia.edu/attachments/88677431/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Consumer_Inertia_and_Firm_Incumbency_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/88677431/20210277-libre.pdf?1658051024=\u0026response-content-disposition=attachment%3B+filename%3DConsumer_Inertia_and_Firm_Incumbency_in.pdf\u0026Expires=1733019831\u0026Signature=gPj82IwEk7PEHxdENgUZpAADUigyAB59SAseMSI3XPHFnUKKwTS~ZMyqrMXXQQbghooIh5vnVku4kZsujPlI8rrIYfwAjT-f~9a7-yQRr2eGtARhyKBtoH3aP2fVwG0c1MOC9Zf3D2kdjuZaNiMAqkw25~nT9jcAVFbGaNYlQXalJV9P0agI5ZetCnLGPH7M96rWw6xmrFCpZMyTolJfgEQXHA3iQue8w2P2B9UTHyzzOp7rEEMOdnBPCJPWhdP7yUtAQlZW3e4gBrtQPOqsY-g5NLdKLWAFs1fprbeB7iXuj3Hkq8bMaFm1z1phTIFqIecJJycJ~IIuAQViNU9VOg__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"slug":"Consumer_Inertia_and_Firm_Incumbency_in_Liberalised_Retail_Electricity_Markets_An_Empirical_Investigation","translated_slug":"","page_count":35,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[{"id":88677431,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/88677431/thumbnails/1.jpg","file_name":"20210277.pdf","download_url":"https://www.academia.edu/attachments/88677431/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Consumer_Inertia_and_Firm_Incumbency_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/88677431/20210277-libre.pdf?1658051024=\u0026response-content-disposition=attachment%3B+filename%3DConsumer_Inertia_and_Firm_Incumbency_in.pdf\u0026Expires=1733019831\u0026Signature=gPj82IwEk7PEHxdENgUZpAADUigyAB59SAseMSI3XPHFnUKKwTS~ZMyqrMXXQQbghooIh5vnVku4kZsujPlI8rrIYfwAjT-f~9a7-yQRr2eGtARhyKBtoH3aP2fVwG0c1MOC9Zf3D2kdjuZaNiMAqkw25~nT9jcAVFbGaNYlQXalJV9P0agI5ZetCnLGPH7M96rWw6xmrFCpZMyTolJfgEQXHA3iQue8w2P2B9UTHyzzOp7rEEMOdnBPCJPWhdP7yUtAQlZW3e4gBrtQPOqsY-g5NLdKLWAFs1fprbeB7iXuj3Hkq8bMaFm1z1phTIFqIecJJycJ~IIuAQViNU9VOg__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"},{"id":88677432,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/88677432/thumbnails/1.jpg","file_name":"20210277.pdf","download_url":"https://www.academia.edu/attachments/88677432/download_file","bulk_download_file_name":"Consumer_Inertia_and_Firm_Incumbency_in.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/88677432/20210277-libre.pdf?1658051044=\u0026response-content-disposition=attachment%3B+filename%3DConsumer_Inertia_and_Firm_Incumbency_in.pdf\u0026Expires=1733019831\u0026Signature=RxjoNzl5CW0C9~qUQ2srllqpS9J9XiV6CaOtgZ2LE2BchqXZD5NVZT1JL8PvfeTLmHgQuZ344wcR0z63FaU6sJWoScuA7Z9zMO~PXkQlGrtn2daQ9y~mzOtxDAxRIMHjA6Ngqd-AGrhCh8hj6Xkyfz8mo-ZO6XckR7-IFiFrzmtxz3PKrinMjPL9IXPCr3Qs4569WnYhWZU2H1yJt8joEPUlflSx387xLBgC~Bz2tv10UwgwbgTdGl0KryGaGBLUGimgRtYff-0bPHxZovPRmjxGMSgYffco~~~O2TJASKWHX4BySAwxVj-uFmQJyb-bVbaNOOD6rLIsmyQaxLieXQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"research_interests":[],"urls":[{"id":22231680,"url":"https://www.economia.unipd.it/sites/economia.unipd.it/files/20210277.pdf"}]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="80937423"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/80937423/Restructuring_Italian_Utility_Markets_Household_Distributional_Effects"><img alt="Research paper thumbnail of Restructuring Italian Utility Markets: Household Distributional Effects" class="work-thumbnail" src="https://attachments.academia-assets.com/87152314/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/80937423/Restructuring_Italian_Utility_Markets_Household_Distributional_Effects">Restructuring Italian Utility Markets: Household Distributional Effects</a></div><div class="wp-workCard_item"><span>SSRN Electronic Journal</span><span>, 2005</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="6a9c9e23a1f15b13bb0ad4a639a2be83" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":87152314,"asset_id":80937423,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/87152314/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="80937423"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="80937423"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 80937423; 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In this paper we try and analyse the welfare effects of these reforms in Italy, with particular attention to water and energy goods. The first step is to introduce a sensible measure of affordability of public utilities and to see how many households fall below a critical threshold. This issue is analysed stressing how climatic conditions dramatically affect households' expenditure and how the affordability of utility bills varies a lot from region to region. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="75054793"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/75054793/DSEA_University_of_Padova_and_OIPE"><img alt="Research paper thumbnail of DSEA, University of Padova and OIPE" class="work-thumbnail" src="https://attachments.academia-assets.com/82978975/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/75054793/DSEA_University_of_Padova_and_OIPE">DSEA, University of Padova and OIPE</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">We use the nearest neighbour propensity score matching to link dwellings holding Energy Performan...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">We use the nearest neighbour propensity score matching to link dwellings holding Energy Performance Certificates (EPCs) in the Italian province of Treviso with information on the socio-economic characteristics of households most likely to inhabit them. We construct a database of 17,405 dwellings for which information on standardized energy needs is matched to data on (potential) inhabitants and their imputed income, based respectively on census records and survey data. Our analysis shows that EPC registers can be exploited to investigate how income and housing conditions affect fuel poverty and to identify municipal areas with higher fuel poverty risk. Our findings highlight that when designing interventions to reduce fuel poverty, policymakers should target households based not only on their income but also on type of heating fuel, and on efficiency and the size of their accommodation. (135 words) JEL CODE: C21; I32; Q48.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="74bcb245604ca8509c047f43551a07a4" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":82978975,"asset_id":75054793,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/82978975/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="75054793"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="75054793"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 75054793; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=75054793]").text(description); $(".js-view-count[data-work-id=75054793]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 75054793; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='75054793']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 75054793, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "74bcb245604ca8509c047f43551a07a4" } } $('.js-work-strip[data-work-id=75054793]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":75054793,"title":"DSEA, University of Padova and OIPE","translated_title":"","metadata":{"abstract":"We use the nearest neighbour propensity score matching to link dwellings holding Energy Performance Certificates (EPCs) in the Italian province of Treviso with information on the socio-economic characteristics of households most likely to inhabit them. 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(135 words) JEL CODE: C21; I32; Q48.","publication_date":{"day":null,"month":null,"year":2020,"errors":{}}},"translated_abstract":"We use the nearest neighbour propensity score matching to link dwellings holding Energy Performance Certificates (EPCs) in the Italian province of Treviso with information on the socio-economic characteristics of households most likely to inhabit them. We construct a database of 17,405 dwellings for which information on standardized energy needs is matched to data on (potential) inhabitants and their imputed income, based respectively on census records and survey data. Our analysis shows that EPC registers can be exploited to investigate how income and housing conditions affect fuel poverty and to identify municipal areas with higher fuel poverty risk. Our findings highlight that when designing interventions to reduce fuel poverty, policymakers should target households based not only on their income but also on type of heating fuel, and on efficiency and the size of their accommodation. 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Sebbene l’obiettivo di assicurare un accesso alla risorsa non subordinato alla “ability to pay” rimanga uno dei principi cardine dell’offerta, la riforma italiana del servizio idrico – avviata a partire dalla Legge Galli 36/1994 - configura una gestione industriale su larga scala dell’intera filiera di produzione, distribuzione e depurazione dell’acqua potabile, con il duplice scopo di rilanciare gli investimenti nello sviluppo dei servizi e di creare una gestione in grado di “autofinanziarsi” attraverso entrate tariffarie, secondo un principio di full cost recovery. Il metodo tariffario vigente - conosciuto come Metodo Tariffario Normalizzato – incorpora concretamente tali principi; recentemente, tale metodo e stato oggetto di una proposta di revisione da parte del Comitato di Vigilanza sull’Uso delle Risorse Idriche. 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Option to Revoke and Regulation of Local Utilities. Michele Moretto and Paola Valbonesi June...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">... Option to Revoke and Regulation of Local Utilities. Michele Moretto and Paola Valbonesi June 2000 ... 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In particular: Section A and B contain the proofs of Proposition 1 and 2, respectively; Section C presents the results of a simulation exercise that support the theoretical predictions of the Cognitive Hierarchy model; Section D contains additional descriptive and inferential evidence that is discussed in the empirical part of the paper. ∗Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy. Email: <a href="mailto:stefano.galavotti@unipd.it" rel="nofollow">stefano.galavotti@unipd.it</a>. †Centre d’Economie de la Sorbonne, Université Paris 1 Panthéon-Sorbonne, 106-112 Bvd de l’Hôpital, 75013 Paris, France. Email: <a href="mailto:luigi.moretti@univ-paris1.fr" rel="nofollow">luigi.moretti@univ-paris1.fr</a>. ‡Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy; Higher School of Economics, National Research University, Moscow-Perm, Russia. 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In particular: Section A and B contain the proofs of Proposition 1 and 2, respectively; Section C presents the results of a simulation exercise that support the theoretical predictions of the Cognitive Hierarchy model; Section D contains additional descriptive and inferential evidence that is discussed in the empirical part of the paper. ∗Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy. Email: stefano.galavotti@unipd.it. †Centre d’Economie de la Sorbonne, Université Paris 1 Panthéon-Sorbonne, 106-112 Bvd de l’Hôpital, 75013 Paris, France. Email: luigi.moretti@univ-paris1.fr. ‡Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy; Higher School of Economics, National Research University, Moscow-Perm, Russia. Email: paola.valbonesi@unipd.it.","publication_date":{"day":null,"month":null,"year":2017,"errors":{}}},"translated_abstract":"This Online Appendix contains additional material that complements the paper “Sophisticated Bidders in Beauty-Contest Auctions”. In particular: Section A and B contain the proofs of Proposition 1 and 2, respectively; Section C presents the results of a simulation exercise that support the theoretical predictions of the Cognitive Hierarchy model; Section D contains additional descriptive and inferential evidence that is discussed in the empirical part of the paper. ∗Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy. Email: stefano.galavotti@unipd.it. †Centre d’Economie de la Sorbonne, Université Paris 1 Panthéon-Sorbonne, 106-112 Bvd de l’Hôpital, 75013 Paris, France. Email: luigi.moretti@univ-paris1.fr. ‡Department of Economics and Management, University of Padova, Via del Santo 33, 35123 Padova, Italy; Higher School of Economics, National Research University, Moscow-Perm, Russia. 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To assess the effect of the reforms on firms’ performance, we use information on all the 20 Italian concessionaires over the 1992-2003 period and 1) estimate the technical progress in the industry, thereby providing a reference value for the X factor in the price cap formula; 2) assess the relative productivity of private vs. public concessionaires; 3) evaluate whether price cap regulation has induced firms to use resources efficiently, 4) determine the possible effect of the inclusion of the quality index in the price cap formula. We find that the introduction of a price cap regime does not increase firms’ productivity whereas a sharp increase in maintenance costs is recorded, arguably due to the quality indicator in the price cap formula. Furthermore, firms appear to have gained from the privatisation proces...</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="5a7c9168acb3df3ee5c05c28e6c05c16" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":79894327,"asset_id":70003192,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/79894327/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="70003192"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="70003192"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 70003192; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=70003192]").text(description); $(".js-view-count[data-work-id=70003192]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 70003192; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='70003192']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 70003192, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "5a7c9168acb3df3ee5c05c28e6c05c16" } } $('.js-work-strip[data-work-id=70003192]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":70003192,"title":"Privatisation, regulation and productivity in the Italian motorway industry","translated_title":"","metadata":{"abstract":"The Italian highway industry has undergone an institutional and regulatory reform through the last decade, characterised by changes in ownership and a new price cap framework. 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$(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="70003191"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" rel="nofollow" href="https://www.academia.edu/70003191/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement"><img alt="Research paper thumbnail of Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement" class="work-thumbnail" src="https://a.academia-assets.com/images/blank-paper.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" rel="nofollow" href="https://www.academia.edu/70003191/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement">Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement</a></div><div class="wp-workCard_item"><span>European Journal of Political Economy</span><span>, 2020</span></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part o...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="70003191"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="70003191"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 70003191; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=70003191]").text(description); $(".js-view-count[data-work-id=70003191]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 70003191; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='70003191']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 70003191, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (false){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "-1" } } $('.js-work-strip[data-work-id=70003191]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":70003191,"title":"Temporary partnership and subcontracting: Pre- vs. post- award outsourcing in public procurement","translated_title":"","metadata":{"abstract":"We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. 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Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).","publication_date":{"day":null,"month":null,"year":2020,"errors":{}},"publication_name":"European Journal of Political Economy"},"translated_abstract":"We empirically compare bids (i.e. prices) from temporary partnerships (TPs) that outsource part of the contract before the auction and firms that outsource afterwards. Using a comprehensive dataset on procurement auctions for public works in Valle d’Aosta (Italy), we find that the timing of outsourcing affects the bids and the probability of winning the auction. Specifically, TPs bid closer to the payoff maximizing offer and are more likely to win. Hence, the price paid by the public buyer is lower. These results are supported by a simple theoretical setting showing that, by pre-committing to a TP, suppliers have a lower risk of being “held up” by subcontractors than firms that outsource part of the work after the bidding phase. Our results show the advantage for TPs of freely choosing partners, size and boundaries before the auction, highlighting their potential in fostering the effective participation in public procurement procedures of Small and Medium-sized Enterprises (SMEs).","internal_url":"https://www.academia.edu/70003191/Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement","translated_internal_url":"","created_at":"2022-01-29T23:31:02.064-08:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[],"slug":"Temporary_partnership_and_subcontracting_Pre_vs_post_award_outsourcing_in_public_procurement","translated_slug":"","page_count":null,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[],"research_interests":[{"id":26,"name":"Business","url":"https://www.academia.edu/Documents/in/Business"},{"id":80915,"name":"European Political Economy","url":"https://www.academia.edu/Documents/in/European_Political_Economy"},{"id":136246,"name":"Subcontracting","url":"https://www.academia.edu/Documents/in/Subcontracting"},{"id":1490802,"name":"Public procurement and SMEs","url":"https://www.academia.edu/Documents/in/Public_procurement_and_SMEs"},{"id":3786872,"name":"outsourcing in public procurement","url":"https://www.academia.edu/Documents/in/outsourcing_in_public_procurement"}],"urls":[]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="70003190"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/70003190/Oil_Price_Uncertainty_and_Conflicts_Evidence_from_the_Middle_East_and_North_Africa"><img alt="Research paper thumbnail of Oil Price Uncertainty and Conflicts: Evidence from the Middle East and North Africa" class="work-thumbnail" src="https://attachments.academia-assets.com/79894325/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/70003190/Oil_Price_Uncertainty_and_Conflicts_Evidence_from_the_Middle_East_and_North_Africa">Oil Price Uncertainty and Conflicts: Evidence from the Middle East and North Africa</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">We empirically study the relationship between oil price uncertainty and conflict incidence by usi...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">We empirically study the relationship between oil price uncertainty and conflict incidence by using different Vector Auto-Regressive (VAR) models, also augmented with Heterogeneous (VHAR) components. We build two measures for oil price uncertainty and investigate the Middle East and North Africa (MENA) interstate conflict, civil conflict and terrorist attacks data. Our results show that uncertainty in the oil market increases the incidence of conflict in the region. By further decomposing the model for OPEC and non-OPEC members of the region, we find that while the OPEC members immunise themselves against conflict, oil price uncertainty affects the conflict in non-OPEC members positively.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="45625b08872f035ee12f694acdaac73a" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":79894325,"asset_id":70003190,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/79894325/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="70003190"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="70003190"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 70003190; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=70003190]").text(description); $(".js-view-count[data-work-id=70003190]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 70003190; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='70003190']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 70003190, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "45625b08872f035ee12f694acdaac73a" } } $('.js-work-strip[data-work-id=70003190]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":70003190,"title":"Oil Price Uncertainty and Conflicts: Evidence from the Middle East and North Africa","translated_title":"","metadata":{"abstract":"We empirically study the relationship between oil price uncertainty and conflict incidence by using different Vector Auto-Regressive (VAR) models, also augmented with Heterogeneous (VHAR) components. We build two measures for oil price uncertainty and investigate the Middle East and North Africa (MENA) interstate conflict, civil conflict and terrorist attacks data. Our results show that uncertainty in the oil market increases the incidence of conflict in the region. By further decomposing the model for OPEC and non-OPEC members of the region, we find that while the OPEC members immunise themselves against conflict, oil price uncertainty affects the conflict in non-OPEC members positively.","publication_date":{"day":null,"month":null,"year":2020,"errors":{}}},"translated_abstract":"We empirically study the relationship between oil price uncertainty and conflict incidence by using different Vector Auto-Regressive (VAR) models, also augmented with Heterogeneous (VHAR) components. We build two measures for oil price uncertainty and investigate the Middle East and North Africa (MENA) interstate conflict, civil conflict and terrorist attacks data. Our results show that uncertainty in the oil market increases the incidence of conflict in the region. By further decomposing the model for OPEC and non-OPEC members of the region, we find that while the OPEC members immunise themselves against conflict, oil price uncertainty affects the conflict in non-OPEC members positively.","internal_url":"https://www.academia.edu/70003190/Oil_Price_Uncertainty_and_Conflicts_Evidence_from_the_Middle_East_and_North_Africa","translated_internal_url":"","created_at":"2022-01-29T23:31:01.932-08:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[{"id":79894325,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/79894325/thumbnails/1.jpg","file_name":"20200250_1.pdf","download_url":"https://www.academia.edu/attachments/79894325/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Oil_Price_Uncertainty_and_Conflicts_Evid.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/79894325/20200250_1-libre.pdf?1643530079=\u0026response-content-disposition=attachment%3B+filename%3DOil_Price_Uncertainty_and_Conflicts_Evid.pdf\u0026Expires=1733019831\u0026Signature=fh7I5oFSiUCahxxUKI6JIFOAjRedOoF2cc27wSEeOsHaIcEmqXV01YM6jgV1ml750Ykbn6At6F2ZNUqDqNjymrSWezgk49GWeYl9DDLktlunJ6343t0raO-JP14yfIuekCoO31aF4S9ahe1ve~svjLmwcOdR4bmKGR-e2aBNstpxiyz9PDabhWBaaSlGMI62oF8vecmbOQX9rp53UfHoXqNg1MsIUkbZnpJP6ZLCICj-STmA4aBjYjxJdNuKpXBJl4tyPLRYBGq7WVSUXSa5mFXygijNVSMey2WdMyUGblonYbo02y~YlCWagr7EoGQFQ7ySolc3h3k1FE~JfqTFBg__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"slug":"Oil_Price_Uncertainty_and_Conflicts_Evidence_from_the_Middle_East_and_North_Africa","translated_slug":"","page_count":32,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[{"id":79894325,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/79894325/thumbnails/1.jpg","file_name":"20200250_1.pdf","download_url":"https://www.academia.edu/attachments/79894325/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Oil_Price_Uncertainty_and_Conflicts_Evid.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/79894325/20200250_1-libre.pdf?1643530079=\u0026response-content-disposition=attachment%3B+filename%3DOil_Price_Uncertainty_and_Conflicts_Evid.pdf\u0026Expires=1733019831\u0026Signature=fh7I5oFSiUCahxxUKI6JIFOAjRedOoF2cc27wSEeOsHaIcEmqXV01YM6jgV1ml750Ykbn6At6F2ZNUqDqNjymrSWezgk49GWeYl9DDLktlunJ6343t0raO-JP14yfIuekCoO31aF4S9ahe1ve~svjLmwcOdR4bmKGR-e2aBNstpxiyz9PDabhWBaaSlGMI62oF8vecmbOQX9rp53UfHoXqNg1MsIUkbZnpJP6ZLCICj-STmA4aBjYjxJdNuKpXBJl4tyPLRYBGq7WVSUXSa5mFXygijNVSMey2WdMyUGblonYbo02y~YlCWagr7EoGQFQ7ySolc3h3k1FE~JfqTFBg__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"},{"id":79894326,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/79894326/thumbnails/1.jpg","file_name":"20200250_1.pdf","download_url":"https://www.academia.edu/attachments/79894326/download_file","bulk_download_file_name":"Oil_Price_Uncertainty_and_Conflicts_Evid.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/79894326/20200250_1-libre.pdf?1643530078=\u0026response-content-disposition=attachment%3B+filename%3DOil_Price_Uncertainty_and_Conflicts_Evid.pdf\u0026Expires=1733019831\u0026Signature=LYkK2US57GEIWKHsd0q~8A6riKO7m86UjiIKomH7Un-qdan7-QvYYB18gwYd~Ryz3WNgxHfqSVG4Cq3wAf7gnNtS2N1H~eZe2k4tRRBlkXLhjKuDy8sxhFV7B-jFFcVQhO4eUe4u9t0s8txQQ3UEVZb0F8zoP~aq9vIx~0LNQYz8rUq-KuNoh8LzWiWeRxZ1kSk26VJZ1VOBErmDIb3FXw1jAEF7Gvb40IMVtSxb5Q0PUyDkyylY5-tX0S9QvdRaAPTskQxiC7Z6Y9Sp0DL~j6ikUZAQKJGfkynBdduR-dVVojTs2lGZzXylM8M2phtHLzAzQgdgVQiTsn~dD4t2qA__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"research_interests":[],"urls":[{"id":17106754,"url":"https://www.economia.unipd.it/sites/economia.unipd.it/files/20200250_1.pdf"}]}, dispatcherData: dispatcherData }); $(this).data('initialized', true); } }); $a.trackClickSource(".js-work-strip-work-link", "profile_work_strip") }); </script> <div class="js-work-strip profile--work_container" data-work-id="70003189"><div class="profile--work_thumbnail hidden-xs"><a class="js-work-strip-work-link" data-click-track="profile-work-strip-thumbnail" href="https://www.academia.edu/70003189/Efficient_design_of_set_aside_auctions_for_small_businesses_an_empirical_analysis"><img alt="Research paper thumbnail of Efficient design of set-aside auctions for small businesses: an empirical analysis" class="work-thumbnail" src="https://attachments.academia-assets.com/79894323/thumbnails/1.jpg" /></a></div><div class="wp-workCard wp-workCard_itemContainer"><div class="wp-workCard_item wp-workCard--title"><a class="js-work-strip-work-link text-gray-darker" data-click-track="profile-work-strip-title" href="https://www.academia.edu/70003189/Efficient_design_of_set_aside_auctions_for_small_businesses_an_empirical_analysis">Efficient design of set-aside auctions for small businesses: an empirical analysis</a></div><div class="wp-workCard_item"><span class="js-work-more-abstract-truncated">Government support to small business enterprises (SBEs) through set-aside (SA) public procurement...</span><a class="js-work-more-abstract" data-broccoli-component="work_strip.more_abstract" data-click-track="profile-work-strip-more-abstract" href="javascript:;"><span> more </span><span><i class="fa fa-caret-down"></i></span></a><span class="js-work-more-abstract-untruncated hidden">Government support to small business enterprises (SBEs) through set-aside (SA) public procurement auctions is a common practice. The effect of the SA mechanism is, however, ambiguous. On the one hand, SA auctions can attract more SBEs to compete; on the other hand, SA auctions restrict the entry of—possibly—more cost-efficient large firms. We investigate SA auctions’ effect by exploiting an original Russian database on public procurement e-auctions for granulated sugar (a largely homogeneous good) in the period 2011-2013. To identify the causal effect of SA auctions, we overcome two endogeneity issues: procurers’ choice of SA format and firms’ decision to bid. In an empirical setting where confounding elements are minimized, we found that SA auctions’ effect largely depends on both the reserve price value and the level of competition. We found that there exists an optimal interval for the reserve price where SA auctions record lower procurement prices, as compared to non-SA auctions.</span></div><div class="wp-workCard_item wp-workCard--actions"><span class="work-strip-bookmark-button-container"></span><a id="6769c74628cdf37f7a945fc3037ae003" class="wp-workCard--action" rel="nofollow" data-click-track="profile-work-strip-download" data-download="{"attachment_id":79894323,"asset_id":70003189,"asset_type":"Work","button_location":"profile"}" href="https://www.academia.edu/attachments/79894323/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&s=profile"><span><i class="fa fa-arrow-down"></i></span><span>Download</span></a><span class="wp-workCard--action visible-if-viewed-by-owner inline-block" style="display: none;"><span class="js-profile-work-strip-edit-button-wrapper profile-work-strip-edit-button-wrapper" data-work-id="70003189"><a class="js-profile-work-strip-edit-button" tabindex="0"><span><i class="fa fa-pencil"></i></span><span>Edit</span></a></span></span><span id="work-strip-rankings-button-container"></span></div><div class="wp-workCard_item wp-workCard--stats"><span><span><span class="js-view-count view-count u-mr2x" data-work-id="70003189"><i class="fa fa-spinner fa-spin"></i></span><script>$(function () { var workId = 70003189; window.Academia.workViewCountsFetcher.queue(workId, function (count) { var description = window.$h.commaizeInt(count) + " " + window.$h.pluralize(count, 'View'); $(".js-view-count[data-work-id=70003189]").text(description); $(".js-view-count[data-work-id=70003189]").attr('title', description).tooltip(); }); });</script></span></span><span><span class="percentile-widget hidden"><span class="u-mr2x work-percentile"></span></span><script>$(function () { var workId = 70003189; window.Academia.workPercentilesFetcher.queue(workId, function (percentileText) { var container = $(".js-work-strip[data-work-id='70003189']"); container.find('.work-percentile').text(percentileText.charAt(0).toUpperCase() + percentileText.slice(1)); container.find('.percentile-widget').show(); container.find('.percentile-widget').removeClass('hidden'); }); });</script></span><span><script>$(function() { new Works.PaperRankView({ workId: 70003189, container: "", }); });</script></span></div><div id="work-strip-premium-row-container"></div></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/wow_profile-f77ea15d77ce96025a6048a514272ad8becbad23c641fc2b3bd6e24ca6ff1932.js","https://a.academia-assets.com/assets/work_edit-ad038b8c047c1a8d4fa01b402d530ff93c45fee2137a149a4a5398bc8ad67560.js"], function() { // from javascript_helper.rb var dispatcherData = {} if (true){ window.WowProfile.dispatcher = window.WowProfile.dispatcher || _.clone(Backbone.Events); dispatcherData = { dispatcher: window.WowProfile.dispatcher, downloadLinkId: "6769c74628cdf37f7a945fc3037ae003" } } $('.js-work-strip[data-work-id=70003189]').each(function() { if (!$(this).data('initialized')) { new WowProfile.WorkStripView({ el: this, workJSON: {"id":70003189,"title":"Efficient design of set-aside auctions for small businesses: an empirical analysis","translated_title":"","metadata":{"abstract":"Government support to small business enterprises (SBEs) through set-aside (SA) public procurement auctions is a common practice. The effect of the SA mechanism is, however, ambiguous. On the one hand, SA auctions can attract more SBEs to compete; on the other hand, SA auctions restrict the entry of—possibly—more cost-efficient large firms. We investigate SA auctions’ effect by exploiting an original Russian database on public procurement e-auctions for granulated sugar (a largely homogeneous good) in the period 2011-2013. To identify the causal effect of SA auctions, we overcome two endogeneity issues: procurers’ choice of SA format and firms’ decision to bid. In an empirical setting where confounding elements are minimized, we found that SA auctions’ effect largely depends on both the reserve price value and the level of competition. We found that there exists an optimal interval for the reserve price where SA auctions record lower procurement prices, as compared to non-SA auctions.","publication_date":{"day":null,"month":null,"year":2019,"errors":{}}},"translated_abstract":"Government support to small business enterprises (SBEs) through set-aside (SA) public procurement auctions is a common practice. The effect of the SA mechanism is, however, ambiguous. On the one hand, SA auctions can attract more SBEs to compete; on the other hand, SA auctions restrict the entry of—possibly—more cost-efficient large firms. We investigate SA auctions’ effect by exploiting an original Russian database on public procurement e-auctions for granulated sugar (a largely homogeneous good) in the period 2011-2013. To identify the causal effect of SA auctions, we overcome two endogeneity issues: procurers’ choice of SA format and firms’ decision to bid. In an empirical setting where confounding elements are minimized, we found that SA auctions’ effect largely depends on both the reserve price value and the level of competition. We found that there exists an optimal interval for the reserve price where SA auctions record lower procurement prices, as compared to non-SA auctions.","internal_url":"https://www.academia.edu/70003189/Efficient_design_of_set_aside_auctions_for_small_businesses_an_empirical_analysis","translated_internal_url":"","created_at":"2022-01-29T23:31:01.819-08:00","preview_url":null,"current_user_can_edit":null,"current_user_is_owner":null,"owner_id":12512249,"coauthors_can_edit":true,"document_type":"paper","co_author_tags":[],"downloadable_attachments":[{"id":79894323,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/79894323/thumbnails/1.jpg","file_name":"20190240-b.pdf","download_url":"https://www.academia.edu/attachments/79894323/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Efficient_design_of_set_aside_auctions_f.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/79894323/20190240-b-libre.pdf?1643530076=\u0026response-content-disposition=attachment%3B+filename%3DEfficient_design_of_set_aside_auctions_f.pdf\u0026Expires=1733019831\u0026Signature=cT0~vzwizE3C~QP29eHoP7QrH0m7KjFU4VamF4CdmBFYs6mbqqi-VcgZX3q4YFjU0xC27BCcQ1y7Ym~xMMMEZMo6rcuNFlWNb7QuDvn6vkQjtnsXUqZpyhBQW9g~qhf6z88vUISzJnAX-OpuAIfKWWJLUIu2X6QOuZ71mtxF7SyW0DuTsqgI009HznmjWj70qSF2piQmyJWTJo9EvslV1DxlQna4X2QtTFk0fA2XTeoYayx4TstDmCLhMh-M1tG08Pwlr8moWGES64fQ5prTMd2hdeHH5Fa0~fqG2Mrm25VH7gVXT-XxweARDtJyoT08c-GzCMvQTpGMKT9Z1Nu9DA__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"slug":"Efficient_design_of_set_aside_auctions_for_small_businesses_an_empirical_analysis","translated_slug":"","page_count":34,"language":"en","content_type":"Work","owner":{"id":12512249,"first_name":"Paola","middle_initials":null,"last_name":"Valbonesi","page_name":"PValbonesi","domain_name":"unipd","created_at":"2014-05-30T16:32:12.912-07:00","display_name":"Paola Valbonesi","url":"https://unipd.academia.edu/PValbonesi"},"attachments":[{"id":79894323,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/79894323/thumbnails/1.jpg","file_name":"20190240-b.pdf","download_url":"https://www.academia.edu/attachments/79894323/download_file?st=MTczMzAzNDk3Nyw4LjIyMi4yMDguMTQ2&","bulk_download_file_name":"Efficient_design_of_set_aside_auctions_f.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/79894323/20190240-b-libre.pdf?1643530076=\u0026response-content-disposition=attachment%3B+filename%3DEfficient_design_of_set_aside_auctions_f.pdf\u0026Expires=1733019831\u0026Signature=cT0~vzwizE3C~QP29eHoP7QrH0m7KjFU4VamF4CdmBFYs6mbqqi-VcgZX3q4YFjU0xC27BCcQ1y7Ym~xMMMEZMo6rcuNFlWNb7QuDvn6vkQjtnsXUqZpyhBQW9g~qhf6z88vUISzJnAX-OpuAIfKWWJLUIu2X6QOuZ71mtxF7SyW0DuTsqgI009HznmjWj70qSF2piQmyJWTJo9EvslV1DxlQna4X2QtTFk0fA2XTeoYayx4TstDmCLhMh-M1tG08Pwlr8moWGES64fQ5prTMd2hdeHH5Fa0~fqG2Mrm25VH7gVXT-XxweARDtJyoT08c-GzCMvQTpGMKT9Z1Nu9DA__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"},{"id":79894324,"title":"","file_type":"pdf","scribd_thumbnail_url":"https://attachments.academia-assets.com/79894324/thumbnails/1.jpg","file_name":"20190240-b.pdf","download_url":"https://www.academia.edu/attachments/79894324/download_file","bulk_download_file_name":"Efficient_design_of_set_aside_auctions_f.pdf","bulk_download_url":"https://d1wqtxts1xzle7.cloudfront.net/79894324/20190240-b-libre.pdf?1643530078=\u0026response-content-disposition=attachment%3B+filename%3DEfficient_design_of_set_aside_auctions_f.pdf\u0026Expires=1733019831\u0026Signature=K6IxyTBr2x2nrh1weXmX4QMx4W0TGz27xq4E37beqHJu8UkQQzocosUTcMfn4gRO1i1chb7zQej76FipJC~v0429~DYQFo2GnYaFhRZDjpHA1gG~Ct1fxw8bdi6qgWNIgVftUZcpEzQCKwXE2KBy3d6ERO6YVkbqUqz9poZ-YVmnJQ4oeF2YqgXxaAzK6uZYsYIvYAEMyVUu4ErHwLNOjEaFMq~ZpYbX~Ra4AR-MIFnmZw2h8W~ZkrvnK~3Cg9WyKplZyTaAHCXZ34AA0LxYcPD4HlLgpPtOIR1YV3u9i4bYYoIJ6D-tgOTIaSVayA2F6HacFUv1YRhkm5d1zz7HgQ__\u0026Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA"}],"research_interests":[{"id":26,"name":"Business","url":"https://www.academia.edu/Documents/in/Business"}],"urls":[{"id":17106753,"url":"https://www.economia.unipd.it/sites/economia.unipd.it/files/20190240-b.pdf"}]}, dispatcherData: dispatcherData }); 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