This paper reports the results of an experimental investigation into people's evaluations of choice problems that are strategically equivalent, but differ in respect of their temporal framings. We elicit individual valuations for three strategically equivalent choice problems, which differ in...

The use of a contingent valuation (CV) method is controversial among economists because it is based on hypothetical rather than real economic choices. This paper reports the results of an experiment designed to elicit the real and the hypothetical willingness to pay (WTP) for a private good. The...

This paper addresses the historical evolution of benefit-based taxation, with particular reference to the contribution of the Italian school of public finance. In particular, it is shown that the positive interpretation of the benefit theory as a criterion of rationality and judgment is well...

In Italy, the corruption is a social phenomenon affecting the health sector. In this paper we show that the impact of corruption on Italian health expenditure is positive, along with ageing population, technological change and supply factors inducing demand in pharmaceuticals and...

This paper deals with the contribution of Sergio Steve to the development of an accountable structure of local public finance, with particular attention to the positive application of the benefit theory of taxation.

An appropriate structure of tobacco taxation should balance only apparently contrasting health, industrial and fiscal aims. In this paper, it will be discussed the main critical issues of the present system of tobacco taxation in Italy and some hypotheses of reform. In particular, it will be...

The vulnerability of health sector to corruption lies in the complex interaction between the social environment and the institutional setting of health systems. We investigate this interaction in the case of Italy, speci�cally looking at the impact of corruption on health expenditure. In Italy...

In many experiments, experimenters use the random lottery incentive mechanism and ask many questions to each subject. That is, at the end of the experiment, just one of the questions is picked at random, and the subject paid on the basis of their answer to this one question. The idea is that...

This paper reports on an experiment designed to test whether pairs of individuals are able to exploit ex ante efficiency gains in the sharing of a risky financial prospect. Observations from a previous experiment had suggested a general rejection of efficiency in favour of ex post equality. The...