An experimental study of the generosity game

We study ultimatum and dictator variants of the generosity game. In this game, the first mover chooses the amount of money to be distributed between the players within a given interval, knowing that her own share is fixed. Thus, the first mover is not confronted with the typical trade-off between her own and the other’s payoff. For each variant of the game, we study three treatments that vary the range of potential pie sizes so as to assess the influence of these changes on the first movers’ generosity. We find that removing the trade-off inspires significant generosity, which is not always affected by the second mover’s veto power. Moreover, the manipulation of the choice set indicates that choices are influenced by the available alternatives.     

Regulatory Self‐efficacy as a Moderator of Peer Socialization Relating to Italian Adolescents' Alcohol Intoxication

The present study investigated regulatory self‐efficacy (RSE) as a predictor of friendship and adolescent alcohol intoxication and as a moderator of peer socialization processes related to alcohol intoxication. The longitudinal sample included 457 Italian adolescents (262 females and 195 males) ranging in age of 14 to 20 years (M = 16.1 years of age). Sociometric and behavioral data were collected at the beginning and end of the academic school year. Actor‐based models were applied to simultaneously estimate selection and socialization processes accounting for interdependencies among friends' drinking behaviors. The results indicated that adolescents did not select friends with similar levels of alcohol intoxication or RSE, but adolescents did adopt their friends' drinking behaviors. RSE was negatively associated with adolescent drinking behaviors and moderated socialization processes related to alcohol use, with adolescents reporting higher levels of RSE being less likely to adopt their friends' drinking behaviors than adolescents with lower levels of RSE.     

Italian corporate foundations and the challenge of multiple stakeholder interests

This article investigates corporate foundations, a specific expression of corporate philanthropy that is narrowly considered in the literature. We aim to verify whether the interests of the founder firm are significant antecedents of the model, activities, and issues addressed by the related foundation. Data were collected through a survey of seventy Italian corporate foundations, representing 59.8 percent of the total number of such foundations based in Italy. The analysis identified three clusters of corporate foundations—granter, expert, and edifier. Research demonstrates that through these clusters, the interests pursued by founder firms have a significant influence on integration between firms and corporate foundations and on the foundations' activities.     

“The shock of widowhood”? Evidence from an Italian population (Parma, 1989–2000)

The purpose of our study is to assess the influence of socio-demographic factors on overall and cause-specific mortality of elderly people of Parma aged 65. In particular, the paper aims at exploring the relation between mortality and living arrangement in association with marital status. Data were obtained from the General Registry Office of Parma and from the death certificates issued by the Local Health District from 1989 to 2000. A logistic regression was performed using longitudinal data. In the male population, living alone and being never married appears to be the worst condition, while living with the wife repsresents a caring situation. In the female population, the major risk of death is associated to living with others than a spouse, while a reduced risk was detected for widows living alone. This was a common and shared result for both overall mortality and many of the causes of death here considered. The condition of widows and widowers living alone does not appear to constitute a particularly serious risk among the elderly population of Parma. Yet, in the female population the association between living alone and the status of widow seems playing a protective role. This result should be interpreted in the light of the social policy of services and support for the elderly pursued by local authorities.     

Delegating home care for the elderly to external caregivers? An empirical study on Italian data

We study care arrangement decisions in Italy, where families are increasingly delegating the role of primary caregiver to external (paid) people also for the provision of home care. We consider a sample of households with a dependent elderly person cared for either at home or in a residential home, extracted from a survey representative of the population of Italy’s Emilia-Romagna region. We investigate the determinants of a household’s decision to opt for one of the following three alternatives: the institutionalisation of elderly family members, informal home care, or paid home care. We estimate two model specifications, based on a simultaneous and a sequential decision process respectively, the results of which are fairly consistent. Disability related variables, rather than family characteristics, emerge as the main determinants of institutionalisation. On the other hand, household characteristics and socio-economic variables are more influential when it comes to choosing between informal and formal home care provisions.     

Looking ahead: Subjective time perception and individual discounting

Journal of Risk and Uncertainty - We disentangle hyperbolic discounting from subjective time perception using experimental data from incentive-compatible tests to measure time preferences, and a...     

Mitigating the effect of risk conditions on supply disruptions: the role of manufacturing postponement enablers

While previous published studies have evaluated the drivers of supply disruptions, only a few have empirically investigated the role of manufacturing postponement enablers as mitigating practices. This work explores the complex interaction between supply disruptions (i.e. supplier failure, purchase unavailability), risk conditions (i.e. antecedents that positively influence the probability and severity of supply disruptions) and manufacturing postponement enablers (i.e. product and process modularity). Specifically, we aim at understanding ‘when’ manufacturing postponement enablers should be adopted the most and ‘if’ their adoption can fully mitigate the effect risk conditions exert on supply disruptions’ probability and severity. To achieve our objective, we developed a conceptual model, and we tested it using survey data from 54 Italian manufacturing companies. The results show that supply market difficulty and technological uncertainty imply a higher probability and severity of disruptions associated with supplier failure and purchase unavailability. Most importantly, we provide evidence of the role played by product and process modularity in fully mitigating the effect of technological uncertainty on supply disruptions.     

Measuring Well-Being Over Time: The Adjusted Mazziotta–Pareto Index Versus Other Non-compensatory Indices

Most of the socio-economic phenomena such as development, well-being, and quality of life have a multidimensional nature and require the definition of a set of individual indicators to be properly assessed. Often, individual indicators are summarized and a composite index is created. One of the main problems in constructing composite indices is the choice of a method which allows time comparisons. In this paper, we consider the Adjusted Mazziotta–Pareto Index, a non-compensatory composite index used by the Italian National Institute of Statistics for measuring “Equitable and Sustainable Well-being” in Italy. An empirical comparison with some traditional non-compensatory indices is presented and an Influence Analysis is, for the first time, performed in order to assess the robustness of the index.     

It is not just escalation: The one dollar game revisited

This paper examines the one-dollar auction game ruling out escalation. The aim of the paper is to understand if players’ expectations about competitors’ moves are strong enough to induce at least one player to bid more than the auctioned euro. Any other bid represents an expected loss for the bidder, so he maximises his own payoff by choosing a bid, which produces a null expected payoff. The empirical results and the analysis based on them support theoretical findings. It is possible that the winner pays more than €1 to get €1 because of his expectations about competitors’ bids and because of his indifference over a certain interval. The results are symptoms of some risk aversion. In an English auction escalation leads to this result, but when escalation is ruled out, expectations and indifference of preferences can lead to the same result.