This paper relates the volatility of interest rates to the collective nature of monetary policymaking in monetary unions. Several decision rules are modelled, including hegemonic and democratic procedures, and also committees headed by a chairman. A ranking of decision rules in terms of the...

Italian agricultural sector is called, in the last’s century early seventies, to contribute in getting out from economic crisis utilizing programming procedures formuled by experts. Along with the economic crisis comes a political crisis and in such scenery the communist party obtains a strong...

This paper proposes a unified framework that integrates the traditional index-based approach and the competing non-cooperative approach to power analysis. It rests on a quantifiable notion of ex post power as the (counter-factual) sensitivity of the expected or observed outcome to individual...