Child labour and inequality

This paper focuses on the role that inequality plays in shaping political support for child labour regulation policies. We provide a model of the evolution of child labour, fertility and human capital where the heterogeneity between low- and high-skilled workers allows for an endogenous analysis of inequality generated by child labour. Depending on the initial level of inequality, child labour regulation policies can affect the welfare of low- and high-skilled workers in different ways and therefore can have an impact on political support for their introduction. The possible conflicts of interest that may arise between the two groups can help explain the difficulties that many governments have when dealing with the issue of child labour.     

The Spatial Resilience of Critical Residuals: The Raise and Resistance Voluntary Service Hubs in Global Cities

VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations -     

How Independent,Competent and Incentivized Should Non‐executive Directors Be? An Empirical Investigation of Good Governance Codes

There is a commonly held conviction among governance scholars and practitioners that increasing the number of non‐executive directors may have beneficial effects on board practices. This view has gained momentum after each wave of scandals. Given the relevance of the issue in governance studies and practices, the aim of this paper is to investigate how independent, competent and incentivized non‐executive directors should be according to governance scholars and board best practices. To answer this question, we conducted a review of the literature on non‐executive directors. We then collected corporate governance codes developed worldwide at the end of 2005, and made a comparative analysis of their recommendations about the independence, the competencies and the incentives of non‐executive directors. Our results show that (i) non‐executive directors' independence is a commonly recommended governance practice, the meaning of which differs widely among countries; (ii) non‐executive directors' competencies and incentives are not considered a governance issue to be regulated in detail; (iii) agency theory and the search for appropriate board demography tend to dominate the recommendations of governance literature and codes. Our findings have implications for both research and practice.     

Knightian Analysis of the Vickrey Mechanism

We analyze the Vickrey mechanism for auctions of multiple identical goods when the players have both Knightian uncertainty over their own valuations and incomplete preferences. In this model, the Vickrey mechanism is no longer dominant‐strategy, and we prove that all dominant‐strategy mechanisms are inadequate. However, we also prove that, in undominated strategies, the social welfare produced by the Vickrey mechanism in the worst case is not only very good, but also essentially optimal.     

Do Economic Recovery Packages Open a Window of Opportunity for Corruption and Mismanagement? The Case of Italy in the Aftermath of the Covid-19 Pandemic

Public Organization Review - This paper explores the effects of the pandemic on corruption and mismanagement in Italy, a country where the Covid-19 crisis is supposed to have significantly...     

Playstation and the Power of Unexpected Consequences

It has been suggested that research business strategy is like studying specimens on a wall. By examining successful stories, one can easily identify the strategic factors responsible for such a success, and the greater the success, the more evident those factors are. Timing, strategic positioning, pricing policies, lead-time - everything goes back to the place where it fits best, like a beautiful mosaic. Even competitors' mistakes become more evident, their dull misunderstanding of what the winner was planning as every successful move leads to an even more successful one. The case of Sony PlayStation, the most successful digital games console ever, is no exception and the temptation to explain the rationale behind such an achievement is almost irresistible. As this paper tries to suggest, sometimes ex- post rationalizations hide or avoid part of the truth. Despite PlayStation's success, Sony's strategic choices were, on more than one occasion, driven more by lucky coincidence than by long-range planning. Furthermore, this paper shows how some of the strategic factors behind PlayStation's winning run sprang from decisions taken by lack of alternatives, and that only in the very end was Sony able to understand their full profit potential.     

Performance information use in public administration: an exploratory study of determinants and effects

The public sector performance movement has intensified during the past three decades, increasing formalized planning, control and reporting across all OECD countries. Notwithstanding the extant literature on performance management, empirical evidence on how and why performance information is used in day-to-day practice is still rare. Such research is relevant not only to advance theory but also to inform decision makers in designing the conditions that effectively contribute to performance and accountability improvements. We aim to contribute to a better understanding of the effects and determinants of use by considering the characteristics of performance management systems, the characteristics of users and context features. We selected two central government case studies from Italy, a country that has adopted several reforms on performance management since the early 1990s. In order to gain insights from both supply and demand side, for each ministry we interviewed people responsible for the design and functioning of the performance management system and top managers that are supposed to use performance information when taking decisions. Results show the prevalence of passive rather than purposeful use. Motivations and obstacles to the use of performance information are identified, drawing relevant practical and policy implications.     

Three centuries of categorical data analysis: Log-linear models and maximum likelihood estimation

The common view of the history of contingency tables is that it begins in 1900 with the work of Pearson and Yule, but in fact it extends back at least into the 19th century. Moreover, it remains an active area of research today. In this paper we give an overview of this history focussing on the development of log-linear models and their estimation via the method of maximum likelihood. Roy played a crucial role in this development with two papers co-authored with his students, Mitra and Marvin Kastenbaum, at roughly the mid-point temporally in this development. Then we describe a problem that eluded Roy and his students, that of the implications of sampling zeros for the existence of maximum likelihood estimates for log-linear models. Understanding the problem of non-existence is crucial to the analysis of large sparse contingency tables. We introduce some relevant results from the application of algebraic geometry to the study of this statistical problem.     

The Effect of Couple Disagreement about Child‐Timing Intentions: A Parity‐Specific Approach

Using couple data from a longitudinal study conducted in Italy, a country with persistently low fertility levels, we examined the effect of partners' discrepant child‐timing intentions on reproductive behavior. We found that the effect of couple disagreement on subsequent fertility is parity‐specific and does not depend on whether only the male or the female partner intends to have a(nother) child. The disagreement tends to produce an intermediate childbearing outcome at parities zero and one, while the outcome is shifted more toward agreement on not having a(nother) child at parity two. The empirical evidence suggests that gender equality in reproductive decisionmaking is not driven by partners' equal bargaining power or partners' equal access to economic resources. The findings indicate that the predictive power of child‐timing intentions strongly improves if both partners' views are considered in fertility models, and thus support the adoption of couple analysis in fertility research.     

Confidence Intervals for Reliability of Stress-Strength Models in the Normal Case

In this article, we propose some procedures to get confidence intervals for the reliability in stress-strength models. The confidence intervals are obtained either through a parametric bootstrap procedure or using asymptotic results, and are applied to the particular context of two independent normal random variables. The performance of these estimators and other known approximate estimators are empirically checked through a simulation study which considers several scenarios.