While the economic harm of cartels is caused by their price-increasing effect, sanctioning by courts rather targets at the underlying process of firms reaching a price-fixing agreement. This paper provides experimental evidence on the question whether such sanctioning meets the economic target,...

Industry 4.0 denotes smart manufacturing, where rotating machines predominantly serve as the fundamental components in production sectors. The primary duty of maintenance engineers is to upkeep these vital machines, aiming to reduce unexpected halts and extend their operational lifespan. The...

In this paper, we examine the issue of saving in the context of financial resilience. We examine unique dataset(s) of investor transactions to determine the relationship between investor behaviours, household savings, and investment outcomes. We examine these real-world observed behaviours...

This study explores an innovative approach to portfolio optimization, bridging traditional Modern Portfolio Theory (MPT) with advanced Machine Learning techniques. We start by recognizing the significance of Markowitz's model in MPT and quickly proceed to focus on the Hierarchical Risk Parity...

This study analyses the evolving landscape of digital risk management within the banking sector. Based on responses from a diverse group of Italian banks, the research sheds light on key trends and strategic priorities in risk management. By soliciting insights from professionals and...