590 research outputs found

    Control Rights in Public-Private Partnership

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    This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We show that the optimal allocation depends on technological factors, the parties' valuations of the goods produced, and the degree of impurity of these goods. When the degree of impurity is large, control rights should be given to the main investor, irrespective of preference considerations. There are some situations in which this allocation is optimal even if the degree of impurity is very low as long as one party's investment is more important than the other party's. If the parties' investments are of similar importance and the degree of impurity is large, shared authority is optimal with a greater share going to the low-valuation party. If the importance of the parties' investments is similar but the degree of impurity is neither large nor small, the low-valuation party should receive sole authority. We apply our results to a number of situations, including schools and child custody.

    Control Rights in Complex Partnerships

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    This paper develops a theory of the allocation of authority between two players who are in a “complex” partnership, that is, a partnership which produces impure public goods. We show that the optimal allocation depends on technological factors, the parties’ valuations of the goods produced, and the degree of impurity of these goods. When the degree of impurity is large, control rights should be given to the main investor, irrespective of preference considerations. There are some situations in which this allocation is optimal even if the degree of impurity is very low as long as one party’s investment is more important than the other party’s. If the parties’ investments are of similar importance and the degree of impurity is large, shared authority is optimal with a greater share going to the low-valuation party. If the importance of the parties’ investments is similar but the degree of impurity is neither large nor small, the low-valuation party should receive sole authority. We analyze an extension in which side payments are infeasible. We check for robustness of our results in several dimensions, such as allowing for multiple parties or for joint authority, apply our results to interpret a number of complex partnerships, including those involving schools and child custody. JEL Codes: D02 ; D23 ; H41 ; L31Impure Public Goods ; Contractual Incompleteness ; Allocation of Authority ; Investment Incentives

    Can Anyone be "The" One? Evidence on Mate Selection from Speed Dating

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    Marriage data show a strong degree of positive assortative mating along a variety of attributes. But since marriage is an equilibrium outcome, it is unclear whether positive sorting is the result of preferences rather than opportunities. We assess the relative importance of preferences and opportunities in dating behaviour, using unique data from a large commercial speed dating agency. While the speed dating design gives us a direct observation of individual preferences, the random allocation of participants across events generates an exogenous source of variation in opportunities and allows us to identify the role of opportunities separately from that of preferences. We find that both women and men equally value physical attributes, such as age and weight, and that there is positive sorting along age, height, and education. The role of individual preferences, however, is outplayed by that of opportunities. Along some attributes (such as occupation, height and smoking) opportunities explain almost all the estimated variation in demand. Along other attributes (such as age), the role of preferences is more substantial, but never dominant. Despite this, preferences have a part when we observe a match, i.e., when two individuals propose to one another.

    Dating Preferences and Meeting Opportunities in Mate Choice Decisions

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    Much empirical evidence shows that female and male partners look alike along a variety of attributes. It is however unclear how this positive sorting comes about, because marriage is an equilibrium outcome arising from a process that entails searching, meeting and choosing one another. This study takes advantage of a unique data set to shed light on the forces driving choices at the earliest stage of a relationship. Both women and men value physical attributes, such as age and weight, and reveal that their dating choices are assortative along several traits. Importantly, meeting opportunities are found to have a substantial role in determining dating proposals.

    Application of Fast-FWD for Accelerated Pavement Testing

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    Lo scopo di questa ricerca è quello di dimostrare come il Fast Falling Weight Deflectometer (FFWD), possa essere utilizzato come Accelerated Pavement Testing (APT). Dopo l'installazione di un sistema di raffreddamento che ha la funzione di impedire il surriscaldamento del motore, il Fast-FWD è stato in grado di funzionare senza interruzioni ad una velocità di 2600 colpi/ora, superando le aspettative di fabbricazione di produrre un carico ogni 1.5 secondi, ossia 2400 colpi/ora. La riduzione e il recupero del modulo degli strati legati possono essere simulati utilizzando una combinazione di modelli di danno e tixotropia, entrambi completi di relazioni che tengono conto del fenomeno di autoriparazione nel tempo. La rottura della pavimentazione, definita come una riduzione di oltre il 50% nel modulo dello strato di conglomerato, è stata raggiunta in meno di una settimana e più volte durante gli esperimenti. La rottura della pavimentazione definita dal raggiungimento di una deformazione permanente di 10-12 mm viene conseguita anch essa dopo poche applicazioni di carico. Anche in questo caso è da sottolineare come un dato modello può seguire precisamente l'evoluzione delle deformazioni permanenti misurate con l'incremento del numero di applicazioni. The principle aim of this research is to demonstrate how the Fast Falling Weight Deflectometer (FFWD), could be used for Accelerated Pavement Testing (APT). After the installation of the cooling system, that prevented the motor from overheating, the Fast-FWD was able to run without any interruptions at a rate of 2600 drops/hour, exceeding production expectations of producing one load every 1.5 seconds, that corresponds to 2400 drops/hour. The decrease and recovery of AC modulus could be simulated using a combination of models for damage and thixotropy, both supplemented by time based recovery models. Failure defined as a reduction of 50% of asphalt concrete modulus, has been reached in less than a week and more times during the experiments. Failure defined by a limit of permanent deformation of 10-12 mm has been also reached after a few load applications. Also in this case, it has to be underlined how a given model can follow precisely the evolution of measured permanent deformation with the increasing of the number of applications

    Analisi C.F.D. dell'iniezione diretta di idrogeno in un motore due tempi

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    La costante ricerca di nuove tecnologie, da applicare nel campo della generazione di energia e della propulsione, costringe a ricorrere a nuove fonti energetiche migliorando così i rendimenti di conversione e riducendo la produzione di emissioni inquinanti. In tale ottica il lavoro in esame si propone di analizzare l’uso di idrogeno, mediante iniezione diretta, in un motore a due tempi progettato inizialmente per funzionare con alimentazione a benzina. Attraverso un software di modellazione solida sono stati realizzati differenti modelli del motore, caratterizzati da differenti disposizioni degli iniettori sulla testata, che sono stati simulati successivamente mediante un opportuno codice fluidodinamico al fine di indagare la distribuzione dell’idrogeno all’interno del motore durante la fase di compressione

    On the Origin of the Family

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    This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the family are given by uncertain paternity and overlapping cohorts of dependent children. With such two features built into our model, and under the assumption that individuals care only for the propagation of their own genes, our analysis indicates that fidelity families dominate promiscuous pair bonding, in the sense that they can achieve greater survivorship and enhanced genetic fitness. The explanation lies in the free riding behavior that characterizes the interactions between competing fathers in the same promiscuous pair grouping. Kin ties could also be related to the emergence of the family. When we consider a kinship system in which an adult male transfers resources not just to his offspring but also to his younger siblings, we find that kin ties never emerge as an equilibrium outcome in a promiscuous environment. In a fidelity family environment, instead, kinship can occur in equilibrium and, when it does, it is efficiency enhancing in terms of greater survivorship and fitness. The model can also be used to shed light on the issue as to why virtually all major world religions are centered around the importance of the family.fatherhood uncertainty, free riding, kinship systems, religion, overlapping generations, divorce and blended families

    Student Performance may not Improve when Universities are Choosier

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    We use unique administrative data from a leading Italian University to estimate whether the use of admission tests and conditional progression schemes are effective strategies to select high-performing students. Previous work has mainly focused on the effect of selectivity policies on widening university access by individuals from ethnic minorities and disadvantaged background.college student performance, college admission, institutional selectivity, difference-in-difference design

    Intrafamily Resource Allocations: A Dynamic Model of Birth Weight

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    This paper estimates a model of dynamic intrahousehold investment behavior which incorporates family fixed effects and child endowment heterogeneity. This framework is applied to large American and British survey data on birth outcomes, with focus on the effects of antenatal parental smoking and maternal labor supply net of other maternal behavior and child characteristics. We find that maternal smoking during pregnancy reduces birth weight and fetal growth, while paternal smoking has virtually no effect. Mothers' work interruptions of up to two months before birth have a positive effect on birth outcomes, especially among British children. Parental behavior appears to respond to permanent family-specific unobservables and to child idiosyncratic endowments in a way that suggests that parents have equal concerns, rather than efficiency motives, in allocating their prenatal inputs across children. Evidence of equal concerns emerges also from the analysis of breastfeeding decisions, although the effects in this case are weaker.birth outcomes, smoking, mother's work, sibling estimators, instrumental variables, child health production functions

    The Effect of Lone Motherhood on the Smoking Behaviour of Young Adults

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    We provide evidence that living with an unmarried mother during childhood raises smoking propensities for young adults in Germany.smoking, lone parent, childhood family structure, divorce, unobserved heterogeneity
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