Browsing Max Weber Programme (MWP) by Author "GIORDANI, Paolo"

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Browsing Max Weber Programme (MWP) by Author "GIORDANI, Paolo"

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    Title: The Importance of Industrial Policy in Quality-Ladder Growth Models  Author(s): GIORDANI, Paolo; ZAMPARELLI, Luca Date: 2008 Type of Publication: Article Abstract: We extend the class of quality-ladder growth models (Grossman and Helpman, 1991, Segerstrom, 1998 and others), to encompass an economy with asymmetric fundamentals. In contrast to the standard framework, in our model ...
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    Title: The Refoundation of Symmetric Equilibrium in Schumpeterian Growth Models  Author(s): COZZI, Guido; GIORDANI, Paolo; ZAMPARELLI, Luca Date: 2007 Type of Publication: Article Abstract: We provide a refoundation of the symmetric growth equilibrium characterizing the research sector of vertical R&D-driven growth models. We argue that the usual assumptions made in this class of models leave the agents ...
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    Title: Decision Makers Facing Uncertainty: Theory versus Evidence  Author(s): GIORDANI, Paolo; SCHLAG, Karl H.; ZWART, Sanne Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: We consider three competing normative theories of how to make choices when facing uncertainty: subjective expected utility, maximin utility and minimax regret. In simple decision problems, we compare how decision makers ...
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    Title: The Refoundation of the Symmetric Equilibrium in Schumpeterian Growth Models  Author(s): COZZI, Guido; GIORDANI, Paolo; ZAMPARELLI, Luca Date: 2007 Type of Publication: Article Abstract: We provide a refoundation of the symmetric growth equilibrium characterizing the research sector of vertical R&D-driven growth models. We argue that the usual assumptions made in this class of models leave the agents ...
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    Title: Do Sunspots Matter under Complete Ignorance?  Author(s): GIORDANI, Paolo; COZZI, Guido Date: 2006 Type of Publication: Article Abstract: In a two-period, sunspot, pure-exchange economy we analyse the case in which agents do not assign subjective probabilistic beliefs to the ‘sunspot activity’. Two generations, each of which is made up of identical agents, ...