The general elections held in February 2013 marked an earthquake in Italian politics. The two coalitions on the center-left and center-right that had governed Italy alternately between 1996 and 2011 together lost 11 million votes compared to the 2008 elections. The explanations advanced for this...

This paper aims to analyze phenomena such as the diffusion of non-standard work and the incidence of low-paid work from a distinctive, and generally neglected angle: that of occupations. Much can be gained from a more fine-grained analysis of labour market dynamics that casts light on which...

This paper analyzes preferences in the presence of ambiguity that are rational in the sense of satisfying the classical ordering condition as well as monotonicity. Under technical conditions that are natural in an Anscombe-Aumann environment, we show that even for such general preference model...

We study the interplay of probabilistic sophistication, second order stochastic dominance, and uncertainty aversion, three fundamental notions in choice under uncertainty. In particular, our main result, Theorem 2, characterizes uncertainty averse preferences that satisfy second order stochastic...

In all European countries, emergency policy measures have been introduced in order to counteract the employment consequences of the economic crisis. In the context of variously composed anticrisis packages, many European countries have used Short-Time Work (STW) schemes, that is measures to...

This paper will be published in M. Magara and S. Sacchi (eds.), The Politics of Social and Industrial Reform, Cheltenham, Edward Elgar, forthcoming in 2013.

This paper analyzes the evolution of employment policy in Italy, focusing on the period from the mid-1990s to the economic crisis started in 2008. Two aspects of the policy change process are taken into consideration: its nature and its dynamics. As regards the former, three dimensions -...

We introduce a theoretical framework in which to study interdependent preferences, where the outcome of others affects the preferences of the decision maker. The dependence may take place in two conceptually different ways, depending on how the decision maker evaluates what the others have. In...

We study the cores of non-atomic market games, a class of transferable utility co- operative games introduced by Aumann and Shapley [2], and, more in general, of those games that admit a na-continuous and concave extension to the set of ideal coalitions, studied by Einy, Moreno, and Shitovitz...