PhD Program in Methods and Models for Economic Decisions


PhD Program in Methods and Models for Economic Decisions

 

Director:

Duration: 3 years

Number of fellowships: 6

Webpage: http://www.eco.uninsubria.it/PhDMMED

See also the PDF file
or the printable version

 

Topic and goals

A significant part of economic analysis is about the processes of decision making. Consumers and producers, workers and firms, banks and managers, households and policy makers continuously make economically relevant decisions. Economists and management theorists are interested in understanding, predicting, or modifying the processes underlying these decisions.

The analysis of decisions relies on methods and models that differ significantly according to the different fields of research. For instance, classical decision theory is largely based on abstract mathematical modelling, while more recent research in behavioural decision theory significantly relies on experimental methods. Econometric models are used to investigate the determinants of specific decisions, such as those concerning labour, transports, or health. Computational methods are used to simulate how artificial agents interact, and to investigate the effects of their interaction.

The PhD program in Methods and Models for Economic Decisions trains young researchers to master the variety of theoretical and applied approaches that are used in economics and management theory for analysing decision-making processes. The students will acquire a broad set of research skills in model construction and data analysis, and thus become capable of understanding the complex phenomena related to decision making in a multidisciplinary perspective. PhD students will then focus on a specific field of analysis and develop their own research program under the supervision of a faculty member.

 

Organisation

The courses are taught in English, and the program lasts three years. At the end of the third year students submit their PhD dissertation, which is usually made of three research papers.

In the first year, students attend the Program’s courses at the Department of Economics of Insubria University, which is located in Varese. These are not the standard first-year courses in quantitative methods, microeconomics, macroeconomics, and econometrics, but cover the specific and more advanced topics in decision theory addressed by the PhD program. Tailor-made solutions for students necessitating to improve their knowledge of quantitative methods, microeconomics, macroeconomics, and econometrics will be identified.

Each first-year course consists of 10 classes (or 20 academic hours). Courses may be either lectures or seminars, depending on the topic, and are divided into two main groups, namely “Theory and tools” and “Empirical applications”.

Theory and tools: In these courses the PhD students learn the main theoretical approaches to decision analysis, and also study their historical evolution and methodological aspects. Students are also trained to use the quantitative tools necessary to understand and construct decision models. The “Theory and tools” courses include:

 

Empirical applications: These courses familiarise students with a number of specific empirical applications of decision theory, such as the analysis of decisions concerning labor supply, transports and health. The courses concerning the empirical application of decision analysis include:

In the first year, students also identify the broad topic of their PhD dissertation and the member of the PhD board who will serve as their supervisor. Finally, they pin down the topic for their first research paper.

The second and third years are entirely dedicated to research. Students work on their research papers and progressively define theme and structure of their PhD dissertation. Students are expected to attend seminars and other training events held at the Department of Economics.

In addition, students are strongly encouraged to spend part of the second and third years in foreign universities and research institutions. They can choose among universities having exchange programs with Insubria University (e.g. the University of Jena) or institutions particularly active in their field of research.

During the second and the third year, students are also encouraged to present their research papers at internal seminars and international conferences, and then submit them to international journals.

 

Lesson Timetable 

All PhD students who are interested in attending other courses that can be useful to improve their academic preparation can check  the following links of the PhD LASER of the Università degli Studi di Milano and the PhD School of the Università Cattolica del Sacro Cuore in Milan. 

 

Applications

The official call for applications (for the academic year 2016/2017) to the PhD program in Methods and Models for Economic Decisions is closed!

Registrations for the call will be open until August 22, 2016 12:00 pm

Students interested in the program should contact Prof. Matteo Rocca, at matteo.rocca@uninsubria.it.

 

Funding opportunities

For the academic year 2015/2016 a total of six scholarships for PhD students are available. Each scholarship amounts to approximately € 13,600 gross per year (12,500 net), is paid on a monthly basis, and lasts three years. The amount of the scholarship is increased by 50% when a student visits foreign universities and institutions.

Additional funding opportunities include employment as a teaching or research assistant at Insubria’s Department of Economics. PhD students are also entitled to research funds they can use for their research and participation to conferences.

 

Conference, congress, seminars:

 

PhD Board

The PhD Board includes members of the Department of Economics at Insubria University as well as scholars from Italian and foreign Universities who collaborate with the Insubria University for teaching and research activities.

 

Department of Economics, Insubria University

 

Other Research Institutions

  1. Uwe Cantner, Professor of Economics, Friedrich Schiller University, Jena, Germany;
  2. Roberto Galbiati, Chargé de Recherche, OSC-CNRS and Sciences Po, Paris, France;
  3. Paolo Gubitta, Professor of Business Organisation, University of Padua, Italy;
  4. Andreas Hamel, Associate Professor of Mathematical Methods for Economics, Free University of Bozen, Italy;
  5. , Khalifa University, Abu Dhabi, UAE and Associate Professor of Mathematical Methods for Economics and Finance,University of Milan, Milan, Italy;
  6. Marco Mariotti, Professor of Economics, Queen Mary University of London, UK;
  7. Silvia Massini, Professor of Economics and Technology Management, University of Manchester, UK;
  8. Nicolae Popovici, Associate Professor of Mathematics, Babes-Bolyai University, Cluj-Napoca, Romania;
  9. Davide Secchi, Associate Professor of Organizational Cognition, University of Southern Denmark, Slagelse, Denmark;
  10. Paola Tubaro, Reader in Economic Sociology, University of Greenwich, London, UK.

 

PhD Students:

  • PhD students of the XXXI Cycle (academic year 2015/2016):
    • Ekaterina Tkach
    • Mensah Emmanuel Kwasi
    • Daniele Grechi
    • Illyashenko Juliya
    • Khazaei Sepideh
    • Matteo Marini
  • PhD students of the XXXII Cycle (academic year 2016/2017):
    • Abreha Solomon Kibret
    • Alexandru Vlad-Andrei
    • Congiu Luca
    • Di Iasio Valentina
    • Seaux Julien
    • Vasiakina Mariia

 

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Biography:

Professor of Mathematical Methods for Economic Applications Head of the Department of Economics. Adjunct Professor at Bocconi University of Milan.
Research interests. My research activity focuses on vector optimization, set-valued optimization, variational inequalities and their applications to Economics. Recently I am working on well-posedness for set-valued optimization problems and robust solutions of vector optimization problems.
Main publications:

  • Second-order conditions in C1,1 constrained vector optimization, Ivan Ginchev, Angelo Guerraggio, Matteo Rocca, Mathematical Programming, vol. 104, no. 2-3, pp. 389-405, 2005
  • Well-Posedness and scalarization in vector optimization, Enrico Miglierina, Elena Molho, Matteo Rocca, Journal of Optimization Theory and Applications, vol. 126, no. 2, pp. 391-409, 2005
  • Scalar characterizations of weakly cone-convex and weakly cone-quasiconvex functions, Davide La Torre, Nicolae Popovici, Matteo Rocca, Nonlinear Analysis, vol. 72, no. 3-4, pp. 1909-1915, 2010
  • Equilibrium in a vector supply-demand network with capacity constraints, Dihn The Luc, Melania Papalia, Matteo Rocca, Applicable Analysis, vol. 90, no. 6, pp. 1029-1045, 2011
  • Optimality criteria for multi-objective dynamic optimization programs: The vector-valued Ramsey model in Banach spaces, Ivan Ginchev, Davide La Torre, Matteo Rocca, Journal of Nonlinear and Convex Analysis, 2013

Forthcoming papers:

  • Quasiconvexity of set-valued maps assures well-posedness of robust vector optimization, Giovanni P. Crespi, Daishi Kuroiwa, Matteo Rocca, Annals of Operations Research, forthcoming
  • A characterization of cone-convexity for set-valued functions by cone-quasiconvexity, Daishi Kuroiwa, Nicolae Popovici, Matteo Rocca, Set Valued and Variational Analysis, forthcoming.
  • Variational Inequalities Characterizing Weak Minimality in Set Optimization, Giovanni, P. Crespi, Daishi Kuroiwa, Matteo Rocca, Journal of Optimization Theory and Applications, forthcoming

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Biography:
Carlo Brambilla is Associate Professor of Economic History at the University of Insubria. He holds an MA (with honours) in Modern Letters and History from the University of Milan, and a PhD in Economic History from the University of Pisa. He has been post-doctoral fellow at the Department of Economics, University of Bologna (2003-2005) and at the Economic History Unit, Bocconi University (2005-2006). He has been teaching Economic History from 2005, first at the University of Milano-Bicocca, then at Insubria. He has been member of the editorial board of the Italian business history journal Imprese e Storia (2003-12), and of the staff of the Summer School Finance, Institutions and History, Dept. of Economics, University Ca’ Foscari of Venice (2006-2009). His research interests comprehend patterns of banking systems development (19th and 20th centuries); bank-industry relations and industrial financing; investment banking; corporate governance.
Main publications:
  • C. BRAMBILLA, C.A. Ciampi, A. Manzella, R. Prodi, La sfida internazionale della Comit, Bologna, Il Mulino, 2013
  • C. BRAMBILLA, “Miscarried innovation? The rise and fall of investment banking in Italy,1860s-1930s”, Entreprises et Histoire, vol. 67 (2012), n. 2, pp. 97-117
  • C. BRAMBILLA e G. Conti, “Ownership structure and control, regulation and performance in Italian banking. A long-term perspective”, in I. Elferink, J. Mooji, A. Perlinge (eds.), Corporate governance in financial institutions. Historical developments and current problems, Frankfurt a/M, EABH, 2011, pp. 128-145
  • C. BRAMBILLA, “Assessing convergence in European investment banking patterns until 1914”, in P. Baubeau and A. Ögren (eds.), Convergence and divergence of national financial systems: Evidence from the gold standards, 1871-1971, London, Pickering and Chatto, 2010, pp. 89-108 and pp. 251-54
  • C. BRAMBILLA e G. Piluso, “Are banks procyclical? Evidence from the Italian case (1890-1973)”, Quaderni del Dipartimento di economia politica, n. 523, (dicembre) 2007, Università degli Studi di Siena

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Biography:Full Professor of Management, my research focuses on corporate entrepreneurship in family firms. I explore the innovation processes and the strategic renewal of long-lasting family firms with a particular interest for the interplays between tradition and innovation and their impact on the decision-making.
Intergeneration tensions and transgenerational value creation are considered in my research.
My interest for complex systems and system modelling are at the origin of my research in family firms where complexity emerges from the interaction and overlapping between individual actors, family sphere and business sphere.
My methodology preferences are for computer simulations used as virtual experiments (particularly system dynamics modelling) and for case studies. These preferences are grounded in constructivist epistemology.
Main publications:
  • “Il governo strategico delle organizzazioni innovative” in Rullani E. – Vicari S. (a cura di), Sistemi ed evoluzione nel management, ETAS libri, Milano, 1999.
  • Management, narration rhétorique. Un discours sur le discours et sur la pratique de la stratégie”, Sciences du management. Epistémique, pragmatique et éthique (coordonné par A. Ch. Martinet, FNEGE – Vuibert, Paris, 2007
  • Chirico F and Colombo G (2008), “An Experimental Examination of the FITS Family-Business Model”, in Butler J.E. and Phan P.H. (eds). Theoretical developments and future research in family business . Information Age Publishing inc. USA (pp. 77-115)
  • Golombo G., “Actualizing Bergson’s Lesson: A Post-post Modernist Perpective”, Journal of management and Governance, vol. 13 n. 3 2009 pp. 261-267
  • Chirico F., Nordqvist M., Colombo G., Mollona E., “Simulating Dynamic Capabilities and Value Creation in Family Firms: Is Paternalism an “Asset” or a “Liability”?, Family Business Review, December 2011, 24 (4).

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Biography:
Giovanni P. Crespi is Associate Professor of Applied Mathematics at Università degli Studi dell’Insubria. He graduated in Economics at Bocconi University and achieved his Ph.D. in Applied Mathematics at University of Trieste in 2001. He has been assistant professor and then associate professor of Applied Mathematics at University of Valle d’Aosta since March 2015, when he moved to his current position. He teaches undergraduate and graduate courses at Università Cattaneo – LIUC and undergraduate courses at Bocconi University. His research interests are in the field of Optimization and Variational Analysis, where he published papers mainly on variational inequalities and their applications. More recently he devoted some research activities to applications to financial markets, financial literacy and economics. He is associate editor of Australian Journal of Mathematics and Journal of Calculus of Variations.
Main publications:
  • CRESPI G.P., HAMEL A., SCHRAGE C. (2015). A Minty variational principle for set optimization. JUORNAL OF MATHEMATICAL ANALYSIS AND APPLICATIONS, Vol. 423, pp. 770-796. DOI: 10.1016/j.jmaa.2014.10.010
  • CRESPI G.P., ROCCA M, GINCHEV I (2008). Some remarks on the Minty vector variational principle. JOURNAL OF MATHEMATICAL ANALYSIS AND APPLICATIONS, vol. 345, p. 165-175, ISSN: 0022-247X
  • CRESPI G.P., GINCHEV I, RUBINOV A, ROCCA M (2007). Convex along lines functions and abstract convexity. JOURNAL OF CONVEX ANALYSIS, vol. 14, p. 185-204, ISSN: 0944-6532
  • CRESPI G.P., I. GINCHEV, M. ROCCA (2005). Existence of solutions and Star-shapedness in Minty variational inequalities. JOURNAL OF GLOBAL OPTIMIZATION, vol. 32, p. 485-494, ISSN: 0925-5001, doi: 10.1007/s10898-003-2685-0
  • I. GINCHEV, CRESPI G.P., ROCCA M (2004). Minty variational inequalities, increase-along-rays property and optimization. JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS, vol. 123, p. 479-496, ISSN: 0022-3239

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Biography:
Francesco Figari is Associate Professor of Public Finance at the University of Insubria and Research Associate at the Institute for Social and Economic Research at the University of Essex.
He holds a Master in Public Economics from the University of York and a PhD in Economics from the University of Essex. From 2006 to 2010 he was Research Fellow at ISER, where he played a major role in the development of EUROMOD, the EU-wide tax-benefit model with particular interest on labour supply modelling.
His research focuses on the analysis of the redistributive effects of public policies in a cross-country perspective and the behavioural impacts of policy changes.
He has been consultant for the European Commision JRC, OECD, United Nation – Economic Commission for Europe, Statistics Norway and World Bank Institute and he has been involved in a number of research projects financed by the European Union (AIM-AP, I-CUE, EUROMODUpdate, GINI, IMPROVE).
Main publications:
  • “From Housewives to Independent Earners: How the Tax System Can Help Women to Work in a Context of Strong Familialism”, 2015, Journal of Social Policy 44(1): 63-82.
  • “Microsimulation and Policy Analysis”, 2015, with A. Paulus and H. Sutherland, in Handbook of Income Distribution Volume 2b, edited by A. B. Atkinson and F. Bourguignon, Elsevier.
  • “Welfare compensation for unemployment in the Great Recession“, with M. Fernandez Salgado, H. Sutherland and A. Tumino, 2014, Review of Income and Wealth, 60, S177-S204.
  • “Cross-national differences in determinants of multiple deprivation in Europe”, ISER WP 2009/34, The Journal of Economic Inequality 10(3), 2012.
  • “Can In-work Benefits Improve Social Inclusion in the Southern European countries?”, Journal of European Social Policy 20(4), 2010.

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Biography:
Alba Francesca Fondrieschi is Associate Professor in Private Law at the University of Insubria (Università degli Studi dell’Insubria), Department of Economics, Italy, where she teaches Private Law and Business Contract Law.
She graduated in Law, summa cum laude, in 1996, at the University of Milan (Università degli Studi di Milano) with a dissertation in Civil Law.
In 2001 she got her PhD in Civil Law at the University of Turin (Università degli Studi di Torino).
From 2002 to 2005 she was Research Fellow in Private Law at the University of Brescia, Italy (Università degli Studi di Brescia), Faculty of Economics.
She is a member of the Editorial Board of the Law Review “Osservatorio del diritto civile e commerciale”, published by il Mulino, Bologna, a member of the Association “Civilisti Italiani” and also a member of the DJJV-Deutsch-Japanische Juristenvereinigung (German-Japanese Association of Jurists) -.
She has published several books and publications on contract law and obligations (with special reference to partial performance and severability of contract, modification of contract terms and supervening impossibility of performance) published by il Mulino, Giuffrè, Utet and other Italian publishers.
Her main research interests are in the law of contract and obligations, European private law and the law of Eastern countries.
Main publications:
  • Alba Fondrieschi, La prestazione parziale, Giuffrè, Milano, 2005.
  • Alba Fondrieschi, voce “Prestazione”, in Digesto delle Discipline privatistiche, sezione civile, Aggiornamento, I-Z, Utet, Torino, 2007, pp. 962-985.
  • Alba Fondrieschi, Riflessioni in tema di modificabilità del contratto, IUP Insubria University Press, Varese, 2009.
  • Alba Fondrieschi, L’impossibilità sopravvenuta per causa non imputabile al debitore, in D. Maffeis, A. Fondrieschi, C. Romeo, I modi di estinzione delle obbligazioni, in Trattato di diritto civile diretto da Rodolfo Sacco, Utet, Torino, 2012, pp. 205-338.
  • Alba Fondrieschi, Annullabilità parziale dell’oggetto della prestazione e adeguamento del contratto, in Osservatorio del diritto civile e commerciale, n. 1, 2014, pp. 45-75.

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Biography:
Angelo Guerraggio is Full Professor of Mathematics at University of Insubria (Varese, Italy) and Bocconi University (Milan, Italy). He is the Director of the Research Center PRISTEM, which he founded in 1987, and the editor of the magazines Lettera matematica PRISTEM, PRISTEM Storia, Note di matematica, storia e cultura, and Alice & Bob (for students and teachers). In 2007, he was appointed by the Italian Government as National Delegate for the European Union’s 7th Framework Programme Committees.
Professor Guerraggio is a specialist of Non-linear Programming and History of Mathematics. He authored about 130 articles and books by Italian and international publishers.
In the field of Non-linear Programming, Professor Guerraggio has specialised on generalized convexity and optimization (scalar and vectorial, differentiable and non-smooth), with a focus on their economic applications. Among others, he co-authored (with G. Giorgi and J. Thierfelder) Mathematics of Optimization, (Elsevier, Amsterdam, 2004).
In the field of History of Mathematics, Professor Guerraggio has primarily studied Italian Mathematics since the Unity of Italy (1861), and particularly the history of Mathematical Analysis and Mathematical Economics in between 19th and 20th centuries, and during the 20 years of the Fascist regime.
Among others, he authored:
(with P. Nastasi) Gentile e i matematici italiani (Bollati Boringhieri, Torino, 1993);
(with P. Nastasi) Matematica in camicia nera (Bruno Mondadori, Milano, 2005);
(with M. Giaquinta) Ipotesi sull’Università (Codice, Torino, 2006)
(with C. Bartocci, R. Betti, R. Lucchetti), Vite matematiche (Springer, Milano, 2007 – also translated to English);
the preface of “Storia del calcolo” by C. B. Boyer (Bruno Mondadori, Milano, 2007)
(with G. Paoloni), Vito Volterra (Muzio, Roma, 2008 – translated to English and German);
(with P. Nastasi) Roma 1908: il congresso internazionale dei matematici (Bollati Boringhieri, Torino, 2008);
(with P. Nastasi) L’Italia degli scienziati (Bruno Mondadori, Milano, 2010; Matematica, EGEA, Milano, 2012)
15 Grandi idee matematiche (Bruno Mondadori, Milano, 2013)
(with R. Betti, S. Termini), Storie e protagonisti della matematica italiana (Springer, Milano, 2013);
La scienza in trincea (Cortina editore, Milano, 2015)Main publications:
  • “L’economia matematica in Italia tra le due guerre: Luigi Amoroso”; Quaderni di Storia dell’Economia Politica, 1990
  • “The origins of quasi-concavity: a development between mathematics and economics” (in coll. con E. Molho), His. Math., 62-75, 2004
  • Mathematical Lives (con C. Bartocci, R. Betti, R. Lucchetti), Springer, Berlin, 2011
  • Vito Volterra (in coll. con G. Paoloni; traslated by K. Williams), Springer-Verlag, Berlin Heidelberg, 2012
  • La scienza in trincea, Cortina editore, Milano, 2015

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Biography:
Elena Maggi, PhD in Transport, Traffic and Environment (University of Trieste, 2000), is Associate Professor in Economics at the University of Insubria, Department of Economics, where she teaches Industrial Economics and Transport Economics and Innovation. She is member of the International School of Transport, Logistics and Infrastructures and of the Advisory Board of SmartFuSION European project (VII PQ Research). Her research interests concern different issues of Transport, Tourism and Urban and Regional Economics. In the past she has worked at the Economics Dep. of University of Molise, at the Economics, Logistics and Territory Laboratory of Polytechnic of Milan, the Institute for the Study of Transport in the European Economic Integration and the Economics Dep. of the University of Trieste. She was consultant of the European project REGENERA (URBACT programme) and member of the European network “NEPTUNE Supporting Co-operation” and of the Concerted Actions on Maritime Education and Training, Transport General Directorate (EC). She is now involved in NOVELOG European project (Horizon 2020).
Main publications:
  • Maggi E., Vallino E. (2016), “Understanding urban mobility and the impact of public policies: The role of the agent-based models”, Research in Transportation Economics 55 (2016), 50-59.
  • Ambrosino A., Maggi E., Vallino E. (2016), “Economics of Complexity and the Analysis of Local Regulation: The Case of Urban Mobility”, in Asquer A., Becchis F., and Russolillo D. (eds) The Political Economy of Local Regulation Theoretical Frameworks and International Case Studies, Palgrave MacMillan, Hardback 9781137588272, available in August 2016, chapter 8.
  • Danielis R., Maggi E., Rotaris L., Valeri E. (2013), “Urban freight distribution: urban supply chains and transportation policies”, in Ben-Akiva M., Meersman H., Van de Voorde E. (eds), Freight transport modeling, Emerald, pp. 377-404, ISBN: 9781781902851.
  • Elia S., Maggi E., Mariotti I. (2011), “Does the transport industry gain from manufacturing internationalization? An empirical investigation on the Italian regions”, European Transport- Trasporti Europei, No. 49, pp. 1-22.
  • Maggi E., Mariotti I. (2010), “Logistics FDI in Italy: integration strategies and motivations”, European Transport Research Review (2010) 2, pp. 13–24, DOI 10.1007/s12544-010-0024-3.

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Biography:
Associate Professor of Management and Family Business and Chair of the Joint Faculty-Students Teaching Commission at the University of Insubria. Professor of Strategic Management of Family Firms Research Associate of AIdAF-EY Chair at Bocconi University. She is Fellow and Founding Board Member of the International Enterprise Research Academy (IFERA), regular presenter and speaker at international and national conferences.Her research interests are in the fields of corporate governance, family business and gender diversity, with international cooperations with distinguished academics at Kellogg (John Ward), IESE (Miguel Gallo), Vermont (Pramodita Sharma). Particularly, she has been involved in the family business field since 1990 and her main topics concern family and corporate governance, family, ownership and family business agreements, succession processes, teams at the top, strategic management, organizational change, managerialization processes, ownership transitions.
She is author and co-author  of many books and publications.
Main publications:
  • The Family Constitution. Agreements to Secure and Perpetuate your Family and your Business, Palgrave MacMillan, 2011, with J.L. Ward
  • The long and tough way of female talents towards the top: state of art, influence on practice and major challenges of gender business studies, Rivista di Politica Economica, issue 4-6, 2012
  • Fratelli e sorelle in azienda. Come fare della relazione più lunga della vita un punto di forza dell’impresa e della famiglia proprietaria, EGEA 2013
  • The Determinants of Women’s Involvement in Top Management Teams. Opportunities or Obstacles from Family-Controlled Firms?, in P. Poutziouris, K. Smyrnios, S. Klein (editors), Handbook of Research on Family Business. 2nd Edition, Elgar-IFERA, with A. Minichilli and G. Corbetta, 2013
  • Governance systems in family SMEs: the substitution effect of family councils on official mechanisms, Journal of Small Business Management, with L. Gnan and M. Huse, 2013


Biography:
I have earned my PhD degree in “Mathematics for the analysis of financial markets” at the Università di Brescia (Italy) in 1998.
I started working as a researcher in the Dipartimento di Economia at the Università di Parma (Italy) in 1999. In 2009 I moved to my current position at the Dipartimento di Economia at the Università dell’Insubria (Varese, Italy).I have also being appointed Associato di Ricerca at the Istituto di Matematica Applicata alla Tecnologia ed all’Industria of the Comitato Nazionale delle Ricerche in Milano (Italy)My research spans from derivative pricing to corporate governance to quantitative methods applied to corporate finance while my teaching regards mathematical finance, probability, operations research and stochastic calculus applied to finance.
Main publications:
  • Variance matters (in stochastic dividend discount models); Agosto, A.; Moretto, E.; Annals of Finance; in press; DOI: 10.1007/s10436-014-0257-6
  • A multiple network approach to corporate governance; Bonacina, F.; D’Errico, M.; Moretto, E.; Stefani, S.; Torriero, A.; Zambruno, G.; Quality & Quantity; in press; DOI: 10.1007/s11135-014-0075-y
  • Exploiting default probabilities in a structural model with nonconstant barrier; Agosto, A.; Moretto, E.; Applied Financial Economics Volume: 22 Issue: 8 Pages: 667-679; 2012; DOI: 10.1080/09603107.2011.621883
  • Exact and approximated option pricing in a stochastic volatility jump-diffusion model; D’Ippoliti, F.; Moretto, E.; Pasquali, S.; Trivellato, B.; Mathematical and Statistical Methods for Actuarial Sciences and Finance Pages: 133-142; 2010
  • Exact Pricing with Stochastic Volatility and Jumps; D’Ippoliti, F.; Moretto, E.; Pasquali, S.; Trivellato, B.; International Journal of Theoretical and Applied Finance Volume: 13 Issue: 6 Pages: 901-29; 2010; DOI: 10.1142/S0219024910006042

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Biography:
Ivan Moscati is an associate professor of economics at Insubria University, Varese, and a research associate of the Centre for Philosophy of Natural and Social Science (CPNSS) at the London School of Economics. At Bocconi University, Milan, he teaches history of economics. His research focuses on the history and methodology of microeconomics, with special attention to choice and utility theory, experimental and behavioral economics, and the epistemic foundations of game theory. He is an associate editor of the Journal of Economic Methodology, and his work has appeared in History of Political Economy, European Journal of the History of Economic Thought, Journal of the History of Economic Thought, and Journal of Economic Methodology. He is currently working on a book on the history of utility measurement under contract with Oxford University Press. More details at www.uninsubria.it/docenti/ivan.moscati.
Main publications:
  • Were Jevons, Menger and Walras Really Cardinalists? On the Notion of Measurement in Utility Theory, Psychology, Mathematics and Other Disciplines, 1870–1910. History of Political Economy, 45, 2013: 373-414.
  • How Cardinal Utility Entered Economic Analysis, 1909-1944. European Journal of the History of Economic Thought, 20, 2013: 906-939.
  • Becker Random Behavior and the As-If Defense of Rational Choice Theory in Demand Analysis, with P. Tubaro. Journal of Economic Methodology, 18, 2011: 107-128.
  • Early Experiments in Consumer Demand Theory: 1930-1970. History of Political Economy, 39, 2007: 359-401.
  • History of Consumer Demand Theory 1871-1971: A Neo-Kantian Rational Reconstruction. European Journal of the History of Economic Thought, 14, 2007: 119-156.

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Biography:
“He graduated in law from the University of Pavia, obtained the title of PhD in business law at Bocconi University. From 1987 to 1995 Professor of Private Law at the Università Cattolica del Sacro Cuore in Milan; 1995-1998 Assistant Professor of Business Law at the University of Pavia. From 1998 to 2001 Associate Professor at the Faculty of Economics of Insubria. Since 2001 Full Professor of commercial law at the same faculty, then the department. And member the “Association Disiano Preite” and “Horizons of commercial law”.
From the scientific perspective, it is mainly occupied by non-listed corporation and limited liability company. Finally he being published two full-bodied work on bonds and debt securities.
Main publications:
  • Trasformazione regressiva e principio di maggioranza, Cedam, 1988
  • Le azioni di godimento, Cedam, 1992
  • Successione nella quota sociale, successione nell’impresa e autonomia statutaria, Giuffré, 2002
  • I titoli di debito delle s.r.l. tra opportunità e problemi interpretativi, Giuffrè, 2005
  • Apporti di beni in natura fuori capitale, in Rivista di diritto societario 4/13

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Biography:
Associate Professor (Insubria University- Department of Economics)
She attained a degree in Law at University of Pavia in 1989 and a PHD in Fiscal Law at the same University in 1996. She is a lawyer since 1995. From 1996 up to 2001 she was Temporary Lecturer of Fiscal law. She has been teaching in several masters and courses. Her main research interests are income taxation and tax proceedings.
Main publications:
  • PIERRO M. (2014). Omissione del processo verbale di constatazione e invalidita` dell’atto impositivo. GIURISPRUDENZA ITALIANA, vol. 4, p. 956-960, ISSN: 1125-3029
  • Pierro M. (2014). L’uso premiale delle sanzioni tributarie e la crisi del principio di specialità (The beneficial regime providing for the waiving of tax sanctions and the crisis of the principle of speciality). RIVISTA TRIMESTRALE DI DIRITTO TRIBUTARIO, vol. 3, p. 679-703, ISSN: 2280-1332
  • Maria Pierro (2013). Il dovere di informazione dell’Amministrazione finanziaria. p. 1-262, Torino:G. Giappichelli Editore – Studi di diritto tributario – Collana diretta da Giuliano Tabet e Francesco Tesauro, ISBN: 9788834878552
  • Pierro M. (2013). Rilevanza procedimentale del processo verbale di constatazione e tutela del contribuente. RASSEGNA TRIBUTARIA, vol. 1, p. 115-149, ISSN: 1590-749X
  • Pierro M. (2012). Invalidità del ruolo per omessa valutazione dei documenti prodotti dal contribuente nella liquidazione automatica della dichiarazione. RASSEGNA TRIBUTARIA, vol. 6, p. 1574-1586, ISSN: 1590-749X

silvana robone
Biography:
Doctor Silvana Robone is Assistant Professor (Ricercatore) at the Department of Economics, University of Insubria (Varese, Italy), since October 2014. Her education includes a BA degree in Economics and Social Science awarded by Bocconi University, Italy, two Masters awarded by Bocconi University (one in Economics and one in Economics and Management of Public Utilities) and a Ph.D. in Economics awarded jointly by the University of York, UK and the University of Bologna, Italy.
Silvana has been employed from November 2006 to March 2012 as Research Fellow at the Centre For Health Economics (CHE), University of York, where she worked with of Prof. A.M Jones, Prof. N. Rice and Prof. P.C. Smith. The research activity conducted at CHE involved undertaking cross-country comparative analysis of health systems performance. She has been Assistant Professor (Ricercatore a tempo determinate, junior) at the Department of Economics, University of Bologna, since April 2012 to October 2014. As Assistant Professor at the Department of Economics of the University of Insubria Silvana is involved in several research projects investigating the performance of the Italian NHS, the relationship between working conditions and health, international comparisons of health system performances, inequality in health and innovations in the health care markets.Results from the research activity of Silvana have been published on top field journals in Statistics, such as the Journal of the Royal Statistical Society, in Health Economics, such as the Journal of Health Economics, Health Economics, the European Journal of Health Economics and the International Journal of Health Care Finance and Economics, and in Health Science, such Health Services Research and the Majo Clinics Proceedings
Main publications:
  • Vignettes and Health Systems Responsiveness in Cross-Country Comparative Analyses (with N. Rice and P.C. Smith). The Journal of the Royal Statistical Society A (read paper) (2012) 175(2), 337-369.
  • Inequality and Polarization in Health Systems Responsiveness: a Cross-Country Analysis (with A.M. Jones, N. Rice and P. Rosa Dias). Journal of Health Economics (2011), 30 (4), 616-625.
  • Analysis of the Validity of the Vignette Approach to Correct for Heterogeneity in Reporting Health System Responsiveness (with N. Rice and P.C. Smith). The European Journal of Health Economics (2011), 12 (2), 141-162.
  • Contractual Conditions, Working conditions, Health and Well-Being in the British Household Panel Survey (with A.M. Jones and N. Rice). The European Journal of Health Economics (2011) , 12(5), 429-444.
  • The Geography of Hospital Admission in a National Health Service with Patient Choice: Evidence from Italy (with D. Fabbri). Health Economics (2010), 19 (9), 1029-1047.

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Biography:Professor of Mathematical Methods for Economic Applications Head of the Department of Economics. Adjunct Professor at Bocconi University of Milan.
Research interests. My research activity focuses on vector optimization, set-valued optimization, variational inequalities and their applications to Economics. Recently I am working on well-posedness for set-valued optimization problems and robust solutions of vector optimization problems.
Main publications:
  • Second-order conditions in C1,1 constrained vector optimization, Ivan Ginchev, Angelo Guerraggio, Matteo Rocca, Mathematical Programming, vol. 104, no. 2-3, pp. 389-405, 2005
  • Well-Posedness and scalarization in vector optimization, Enrico Miglierina, Elena Molho, Matteo Rocca, Journal of Optimization Theory and Applications, vol. 126, no. 2, pp. 391-409, 2005
  • Scalar characterizations of weakly cone-convex and weakly cone-quasiconvex functions, Davide La Torre, Nicolae Popovici, Matteo Rocca, Nonlinear Analysis, vol. 72, no. 3-4, pp. 1909-1915, 2010
  • Equilibrium in a vector supply-demand network with capacity constraints, Dihn The Luc, Melania Papalia, Matteo Rocca, Applicable Analysis, vol. 90, no. 6, pp. 1029-1045, 2011
  • Optimality criteria for multi-objective dynamic optimization programs: The vector-valued Ramsey model in Banach spaces, Ivan Ginchev, Davide La Torre, Matteo Rocca, Journal of Nonlinear and Convex Analysis, 2013

Forthcoming papers:

  • Quasiconvexity of set-valued maps assures well-posedness of robust vector optimization, Giovanni P. Crespi, Daishi Kuroiwa, Matteo Rocca, Annals of Operations Research, forthcoming
  • A characterization of cone-convexity for set-valued functions by cone-quasiconvexity, Daishi Kuroiwa, Nicolae Popovici, Matteo Rocca, Set Valued and Variational Analysis, forthcoming.
  • Variational Inequalities Characterizing Weak Minimality in Set Optimization, Giovanni, P. Crespi, Daishi Kuroiwa, Matteo Rocca, Journal of Optimization Theory and Applications, forthcoming

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Biography:Main publications:
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Biography:
Raffaello Seri is an associate professor in Econometrics at the Department of Economics, Università degli Studi dell’Insubria (Italy), where he is director of the Economics of Innovation specialisation of the Master Degree in Global Entrepreneurship Economics and Management (GEEM). He is also member of the Center for Nonlinear and Complex Systems, at the same University. He has a Laurea and a PhD in Industrial Engineering from Politecnico di Milano, a DEA in Mathematics applied to Social Sciences from Université Paris Dauphine/ENSAE and a PhD in Mathematics from Université Paris Dauphine.
His publications range from econometrics (Journal of Applied Econometrics, Journal of Econometrics), statistics (Statistical Science), and probability (The Annals of Probability) to decision making (Management Science), mathematical psychology (Journal of Mathematical Psychology, three times), and management (Business and Society), passing through numerical analysis (Mathematics of Computation, three times), operations research (Journal of Optimization Theory and Applications, European Journal of Operational Research), and mathematical analysis (Journal of Mathematical Analysis and Applications).
Main publications:
  • Bernasconi M., Choirat C., Seri R. (2014). Empirical properties of group preference aggregation methods employed in AHP: Theory and evidence. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, vol. 232, p. 584-592, ISSN: 0377-2217, doi: 10.1016/j.ejor.2013.06.014
  • Bernasconi M., Corazzini L., Seri R. (2014). Reference dependent preferences, hedonic adaptation and tax evasion: Does the tax burden matter?. JOURNAL OF ECONOMIC PSYCHOLOGY, vol. 40, p. 103-118, ISSN: 0167-4870, doi: 10.1016/j.joep.2013.01.005
  • Choirat C., Seri R. (2013). Computational Aspects of Cui-Freeden Statistics for Equidistribution on the Sphere. MATHEMATICS OF COMPUTATION, vol. 82, p. 2137-2156, ISSN: 0025-5718, doi: 10.1090/S0025-5718-2013-02698-1
  • Choirat C., Seri R. (2012). Estimation in Discrete Parameter Models. STATISTICAL SCIENCE, vol. 27, p. 278-293, ISSN: 0883-4237, doi: 10.1214/11-STS371
  • Bernasconi M., Choirat C., Seri R. (2010). The Analytic Hierarchy Process and the theory of measurement. MANAGEMENT SCIENCE, vol. 56, p. 699-711, ISSN: 0025-1909, doi: 10.1287/mnsc.1090.1123

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Biography:
Marcello Spanò was born in 1971. He completed a PhD in Economics from the University of York (2004) and a Doctorate in Economics from the University of Pavia (2002). He has worked extensively on risk management through derivatives for non-financial companies, analysing theoretical and empirical aspects, microeconomic models and macroeconomic implications. He has analysed emerging markets accumulation of foreign reserves in connection with foreign and domestic finance, foreign exchange risk, real investments and growth. Current research is dedicated to measuring excess finance and sectorial global cumulative unbalances in the countries founders of the European Union (EU14). As a member of the ICTA (Institute of Environmental Science and Technology Autonomous University of Barcelona), he collaborates to an interdisciplinary project, with other authors, on financial and biophysical sustainability of the economy.
Main publications:
  • Financial assets overhang in Europe, Journal of Post Keynesian Economics, 37(3), pp. 503-527, 2015
  • Foreign reserves as hedging instruments in emerging countries, Panoeconomicus, 2, Special Issue, pp. 203-230, 2013.
  • Managerial Ownership and Corporate Hedging, Journal of Business Finance & Accounting, 34, pp. 1245-80, 2007
  • Macroeconomic Effects of Stock Market Fluctuations, Rivista Italiana degli Economisti, 3, pp. 27-46, 2005.
  • Determinants of Hedging and Its Effects on Investment and Debt, Journal of Corporate Finance, 10, 175-197, 2004.

Davide La Torre
Biography:
Davide La Torre (PhD in Computational Mathematics and Operations Research) is Associate Chair of the Department of Applied Mathematics and Sciences at Khalifa University, Abu Dhabi, UAE, Associate Professor at the Department of Economics, Management, and Quantitative Methods of the University of MIlan, Milan, Italy, and Adjunct Professor at the Department of Applied Mathematics at the University of Waterloo, Waterloo, Ontario, Canada.Prof. La Torre has spent several research periods at a number of institutes, including: the Department of Applied Mathematics of the University of Waterloo (Waterloo, Canada), the Department of Mathematics of the Australian National University (Canberra, Australia), the Department of Mathematics and Statistics of the University of Guelph (Guelph, Canada), the Department of Mathematics and Statistics of Acadia University (Wolfville, Canada), the School of Commerce and Administration of Laurentian University (Sudbury, Canada), the Department of Applied Mathematics of the University of Granada (Granada, Spain), the Department of Probability and Mathematical Statistics of Charles University (Prague, CZ), and the Department of Economics and Related Studies of the University of York (York, UK).He has authored or co-authored more than 80 research papers on MathSciNet, many of them published in leading international journals such as SIAM Journal on Imaging Science, Journal of Mathematical Analysis and Applications, Journal of Mathematical Biology, Computers and Mathematics with Applications, Journal of Computational and Applied Mathematics, Nonlinear Analysis, Nonlinear Analysis: Real World Applications, Journal of Nonlinear and Convex Analysis, Annals of Operations Research, Applied Mathematics Letters, Applied Mathematics and Computation, Operations Research Letters, European Journal of Operation Research, Electronic Journal of Differential Equations, Mathematical Social Sciences, Journal of the Royal Statistical Society.He has edited and co-edited special issues for several journals, including Annals of Operations Research, Abstract and Applied Analysis, Mathematical Problems in Engineering, Journal of Function Spaces and Applications, International Journal of Mathematical Modeling and Numerical Optimization, Journal Image Analysis and Stereology. He is also the Editor of the International Journal of Applied Nonlinear Science and an Associate Editor of several applied mathematics journals.
Main publications:
  • D. La Torre, F. Mendivil (2015) The Monge–Kantorovich metric on multimeasures and self-similar multimeasures, Set-Valued and Variational Analysis, in press, 10.1007/s11228-014-0310-7.
  • B. Aouni, C. Colapinto, D. La Torre (2014) Portfolio Management through Goal Programming: State-of-the-art, European Journal of Operations Research, 234 (2), 536-545.
  • P. Pertile, M. Forster, D. La Torre (2014) Optimal bayesian sequential sampling rules for the economic evaluation of health technologies, Journal of the Royal Statistical Society A, 177 (2), 419-438.
  • D. La Torre, E.R.Vrscay, M.Ebrahimi, M.Barnsley (2009), Measure-Valued Images, Associated Fractal Transforms, and the Affine Self-Similarity of Images, SIAM Journal on Imaging Sciences 2 (2), 470-507.
  • H.Kunze, D. La Torre, E.Vrscay (2007), Contractive multifunctions, fixed point inclusions and iterated multifunction systems, Journal of Mathematical Analysis and Applications 330 (1), 159–173


Biography:
Education
2004: Ph.D. in Mathematics, with emphasis in Finance, University of Rome “Tor Vergata”, Italy.
1999: Graduated in Mathematics, summa cum laude, University of Rome TRE, Italy.Professional Experience
2011-present: Associate Professor of Mathematics for Economics and Finance in the School of Engineering at the University Campus Bio-medico of Rome, Italy.
2013-present: Director of Studies and Department Committee Member, Faculty of Engineering at the University Campus Bio-Medico of Rome, Italy.
Sept. 2008- Dec. 2010: Assistant Professor of Mathematics for Economics and Finance in the School of Engineering at the Univeristy Campus Bio-medico of Rome, Italy.
2005 – 2008: Assistant Professor of Mathematics for Economics and Finance at the Department of Economics of the University of Insubria at Varese, Italy.
2004: Research Fellow at the University Luiss, Department of Economics, Rome, Italy. Research topic: Risk Management and Decision Optimization Systems.
2003-2004: Research Fellow at the Institute for Applied Computing – Research National Council and Treasury Dept. of the Ministry of Economic and Finance. Research unit: Portfolio Optimization and Term-Structure Models for the Public Debt Management. Analysis of Optimal Strategies for the Issuances of Public Debt Securities.
2002-2003: Teaching-Assistant and Instructor in Probability and PDEs at the University of Texas at Austin (USA)
2000-2002: Research grant at Institute for Applied Computing (CNR). Research topic: Design and Implementation of Effective Approximation Methods for Pricing Equations Arising in Mathematical Finance.
1999-2000: Research grant at Institute for Applied Computing (CNR) and INA S.p.A. Capital Markets Department. Research topic: Asset-Liability Management for Insurance Companies.Research Projects
2013-present: Participation to the research program SIG eHealth and Social eServices”, for the design, im-plementation and management of information systems in healthcare and social services, in collaboration with CeRSI, Luiss Guido Carli University, Rome, Italy.
2013-present: Member of the research project in collaboration with “Guardia di Finanza” and the Complex Systems & Security Lab, University Campus Bio-medico of Rome, for quantitative methods to prevent and control tax evasion.
2012-present: Member of the Advisory Board of the “Sportello Matematico per l’Industria Italiana”, in collaboration with IAC-CNR, SIMAI and AIRO.
2009-2010: Member of the research project on “Stochastic Algorithms for Radar Environmental Simulator”, in collaboration with IAC-CNR and SELEX Systems Integration Inc.
2007-2010: Programme coordinator of the project “Advanced Mathematical Methods for Finance”, promoted by the European Science Foundation.
2005-2006: Participation to the F.I.R.B. project on “Public Debt Management”, in collaboration with IAC-CNR. Principal investigator: Prof. M. Bagella, Faculty of Economics, University of Rome “Tor-Vergata”.Teaching
2009-2015: Mathematical Methods Engineering, MSc in Industrial Engineering, University Campus Biomedico,
2009-2015: Mathematical Analysis, MSc in Industrial Engineering, University Campus Biomedico
2013-2015: Mathematical Finance (taught in english), MSc in Economics and Business, Luiss University
2009-2015: Mathematics for Economics, MSc in Economics and Management, Luiss University
2009-2011: Optimization and Decision Support, M.A.in Biomedical Engineering, University Campus Biomedico
2011-2013: Mathematical Models for Financial Markets, M.A in Applied Mathematics, University of Rome TRE
2006-2008: Quantitative Methods in Business (taught in english), MSc in Business Administration, University of “Tor Vergata”
2006-2008: Mathematical Finance, MSc in Economics, University of Insubria, Varese
2004-2006: Financial Engineering Models, M.A. in Engineering of System Modelling, University of “Tor-Vergata”,Main publications:
  • “Singular risk-neutral valuation equations”, con C. Costantini e F. D’Ippoliti, `Finance and Stochastics’, Vol. 16, 2012. ISSN: 0949-2984.
  • “Scenario-Generation Methods for an Optimal Public Debt Strategy”, con M. Bernaschi, M. Briani, D. Vergni, `Quantitative Finance’, Vol. 7, No. 2, 2007. ISSN: 1469-7688.
  • “A PDE-Based Approach for Pricing Mortgage-Backed Securities”, con M. Briani, in `Advanced Mathematical Methods for Finance’, Springer-Verlag Berlin, 2011. ISBN: 978-3-642-18411-6.
  • “A New Model for the Length of Stay of Hospital Patients”, con L. Pontecorvi e R. Setola, `Health Care Management Science’, 2014. ISSN: 1572-9389.
  • “Optimal Asset-Liability Management with Constraints: A Dynamic Programming Approach”, con S. Sbaraglia, `Applied Mathematics and Computation’, Vol. 173, No. 1, 2006. ISSN: 0096-3003.