We take a game theory approach to study the make-or-buy decisions of firms in a mixed duopoly. We assume that a managerial firm and a profit-oriented firm compete in a duopoly market for a final good, and they can choose whether making an intermediate input or buying it from a monopolistic...

In this paper we study the behaviour of labour-managed firms that produce artistic goods. In particular, we investigate whether the production of a particular output — the arts — leads to overcome the static inefficiency entailed by labour-managed firms. The possibility depends on specific...

This paper introduces the monographic issue of Rivista di Politica Economica on “Intellectual Property, Competition, and Growth”. It presents the twelve contributions selected after a Callfor-Papers. The contributions deal with different facets of the protection of intellectual property...

We present a sequential game to study the introduction of collective property rights, such as trademarks, in cultural districts, aimed at protecting and supporting the idiosyncratic nature of local production. The first step of the game is the public decision on whether creating the trademark or...

In this paper we evaluate the existence of consumption risk sharing among specific geographical areas within Italy. By using an approach based upon the cointegration properties of the series and the error correction mechanisms, we analyze the emergence of risk sharing in the long- and in the...