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We use a strategic household survey to study the sensitivity of intended homeownership decisions to financing constraints. We find that the average stated likelihood of buying a home is strongly sensitive to the size of the required down payment, which we ...
A sample of contracts of apprenticeship from three periods in the history of early modern Venice is analysed, as recorded in the archive of the Giustizia Vecchia, a venetian magistracy. The periods are the end of the 16th century, the 1620s and the 1650s. ...
Contrary to the long-standing view in the finance literature that firms should maximise payment delays, research in operations management suggests that long payment delays can be suboptimal. In this study, we reconcile these two views by applying a seconda ...
Distance bounding protocols become more and more important because they are the most accurate solution to defeat relay attacks. They consist of two parties: a verifier and a prover. The prover shows that (s)he is close enough to the verifier. In some appli ...
Public-key distance bounding schemes are needed to defeat relay attacks in payment systems. So far, only five such schemes exist, but fail to fully protect against malicious provers. In this paper, we solve this problem. We provide a full formalism to defi ...
Lexicography has long faced the challenge of having too few specialists to document too many words in too many languages with too many linguistic features. Great dictionaries are invariably the product of many person-years of labor, whether the lifetime wo ...
This thesis addresses three challenges in algorithmic mechanism design, which seeks to devise computationally efficient mechanisms consisting of an outcome rule and a payment rule that implement desirable outcomes in strategic equilibrium. The first challe ...
We study a financial network where forced liquidations of an illiquid asset have a negative impact on its price, thus reinforcing network contagion. We give conditions for uniqueness of the clearing asset price and liability payments. Our main result holds ...
Today organizations are more than ever complex systems. They are large, ramified, distributed, and intertwined so that their organic structure seems like a tangle of activities. Day by day individuals contribute to keep these structures alive with their wo ...
This topic aims at understanding precisely what are the mobility behaviors and aspirations of people under 18. The increasing use of ICT enables a larger access to several information (vehicle availability, travel times, costs, etc.) and payment systems. D ...