University of Salerno

Displaying 1-23 of 23 results

  • White Papers // May 2013

    I Am 4 Vho: New Approach to Improve Seamless Vertical Handover in Heterogeneous Wireless Networks

    Two mechanisms have been proposed independently by IEEE and 3GPP; namely, Media Independent Handover (MIH) and Access Network Discovery and Selection Function (ANDSF), respectively. These mechanisms enable a seamless Vertical HandOver (VHO) between the different types of technologies (3GPP and non-3GPP), such as GSM (Global System for Mobile Communication), Wireless...

    Provided By University of Salerno

  • White Papers // Apr 2012

    Universally Composable Secure Computation With (Malicious) Physically Uncloneable Functions

    The use of Physically Uncloneable Functions (PUFs) in Cryptography is a recent breakthrough that has caught the interest of both theoreticians and practitioners. A major step towards understanding and securely using PUFs has been done where Brzuska, Fischlin, Schr?der and Katzenbeisser augmented the Universal Composition (UC) Framework of Canetti by...

    Provided By University of Salerno

  • White Papers // Jan 2012

    HERMIT: A New Methodology for Creating Autonomous Software Deployment Packages

    In this paper, the authors have proposed HERMIT: A new Methodology for Creating Autonomous Software Deployment Packages that automates the process of silent unattended installations/un-installations and requires minimal possible level of interaction with the user. HERMIT not only introduces new methodology but generalizes the process of silent unattended installation/un-installation. HERMIT...

    Provided By University of Salerno

  • White Papers // Apr 2011

    Themes and Challenges For Service Management Solutions In Small and Medium Enterprises (SMEs)

    In this paper, the authors provide an exploratory case study within an SME that is currently selecting a Service Management Solution (SMS) to enhance the existing SAP Business One systems. They examine existing business processes, legacy systems, potential solutions, and vendors with the aim of establishing the field of service...

    Provided By University of Salerno

  • White Papers // Jan 2011

    Investment In Financial Literacy And Saving Decisions

    The authors present an intertemporal consumption model of consumer investment in financial literacy. Consumers benefit from such investment because their stock of financial literacy allows them to increase the returns on their wealth. Since literacy depreciates over time and has a cost in terms of current consumption, the model determines...

    Provided By University of Salerno

  • White Papers // Jan 2011

    Spillover Effects In Healthcare Programs: Evidence On Social Norms And Information Sharing

    Cervical cancer is considered to be one of the most preventable types of cancer, but cervical cancer mortality rates in Mexico have been dramatically high by international standards for many years. This paper exploits the randomized research design of a large welfare program - Progresa - to study the size...

    Provided By University of Salerno

  • White Papers // Dec 2010

    Mirrlees Meets Laibson: Optimal Income Taxation With Bounded Rationality

    This paper studies an optimal taxation problem in a dynamic economy inhabited by individuals who differ in productivity (as in Kocherlakota, 2006) and in the short-term discount factor. The authors determine incentive compatible Pareto optimal allocations in a multidimensional screening model where individuals have to report truthfully their types. Two...

    Provided By University of Salerno

  • White Papers // Oct 2010

    Estate Taxation And Intergenerational Transfers

    The authors estimate the effect of estate taxation on bequests exploiting a sequence of Italian reforms culminating with the reduction of estate taxes in 1999 and their abolishment in 2001. They use the 1993-2006 Survey of Household Income and Wealth, which has data on real estate transfers received, and information...

    Provided By University of Salerno

  • White Papers // Oct 2010

    Mixed Markets With Public Goods

    The authors use a mixed market model for analyzing economies with public projects in which the condition of perfect competition is violated. They discuss core-equivalence results in the general framework of non-Euclidean representation of the collective goods. They show that if large traders are similar to each other, then they...

    Provided By University of Salerno

  • White Papers // Oct 2010

    Aggregate Employment Dynamics And (Partial) Labour Market Reforms

    European labor markets have undergone several important innovations over the last three decades. Most countries have reformed their labor markets since the mid-1990s, with the liberalization of fixed-term contracts and temporary work agencies being the common elements to such reforms. This paper investigates the existence of a change in the...

    Provided By University of Salerno

  • White Papers // Sep 2010

    Optimal Compensation Contracts For Optimistic Managers

    Managers with anticipatory emotions have higher current utility if they are optimistic about the future. The authors study an employment contract between an (endogenously) optimistic manager and realistic investors. The manager faces a trade-off between ensuring that the chosen levels of effort reflect accurate news and savoring emotionally beneficial good...

    Provided By University of Salerno

  • White Papers // Sep 2010

    Households' Indebtedness And Financial Fragility

    The paper studies the determinants of international differences in household indebtedness, and inquires whether indebtedness is associated with increased "Financial fragility", as measured by the sensitivity of household arrears and insolvencies to macroeconomic shocks. It also investigates whether financial fragility is affected by institutional factors, such as information sharing arrangements,...

    Provided By University of Salerno

  • White Papers // Jul 2010

    Multiple-Bank Lending, Creditor Rights And Information Sharing

    Multiple bank lending creates an incentive to over borrow and default. When creditor rights are poorly protected and collateral value is volatile, this incentive leads to rationing and non-competitive interest rates. If banks share information about past debts via credit reporting systems, the incentive to over borrow is mitigated: interest...

    Provided By University of Salerno

  • White Papers // Jul 2010

    Legal Institutions, Innovation And Growth

    The authors build a stylized model of endogenous technological change and analyze the relationship between legal institutions, innovation and growth. Two legal systems are analyzed: a rigid system, where an uncontingent law is written ex ante and a flexible system where law-makers select the law ex post. They show that...

    Provided By University of Salerno

  • White Papers // Jul 2010

    Vertical Separation With Private Contracts

    The authors consider a manufacturer's incentive to sell through an independent retailer, rather than directly to final consumers, when contracts with retailers cannot be observed by competitors. If retailers conjecture that identical competing manufacturers always offer identical contracts (symmetry beliefs), vertical separation by all manufacturers is equilibrium, and it results...

    Provided By University of Salerno

  • White Papers // Jun 2010

    Tax Evasion And Community Effects In Italy

    The author proposes an analysis of tax evasion in Italy using the data collected by the website evasori.info. This site collects reports by random internet users of the transactions in which they were involved that, lacking any legal receipt, were hidden from the tax authority. The author interprets this experiment...

    Provided By University of Salerno

  • White Papers // Feb 2010

    Advantageous Selection In The Private Hospital Insurance Market In Europe: Evidence On The Role Of Education And Cognitive Ability

    The author uses micro data from the Survey of Health, Ageing and Retirement in Europe to study whether the cost of acquiring health information is an important determinant of the decision to buy private hospital health insurance for individuals aged 50+, in eight European countries. The author first tests whether,...

    Provided By University of Salerno

  • White Papers // Jan 2010

    Fairness Properties Of Constrained Market Equilibria

    This paper studies the notion of fairness in pure exchange economies involving uncertainty and asymmetric information. The authors propose a new concept of coalitional fair allocation in order to solve the tension that may exist between efficiency and envy-freeness when the equity of allocations is evaluated at the {it interim}...

    Provided By University of Salerno

  • White Papers // Jan 2010

    Does Conditionality Matter For Adults' Health? Evidence From A Randomized Experiment

    The authors present evidence on how the requirement to attend health and nutrition sessions affects the health behavior of adults living in households targeted by a nutritional program in rural Mexico. The evaluation sample of the Programa de Apoyo Alimentario (PAL) is unique in having four different treatment types, which...

    Provided By University of Salerno

  • White Papers // Nov 2009

    Credit Ratings Failures And Policy Options

    This paper examines the role of credit rating agencies in the subprime crisis, which was at the outset of the 2007-08 financial turmoil. The focus of the paper is on two aspects of ratings that contributed to the boom and bust of the market for asset-backed securities: rating inflation and...

    Provided By University of Salerno

  • White Papers // Nov 2009

    Inheritance Law And Investment In Family Firms

    Entrepreneurs may be constrained by the law to bequeath a minimal stake to non-controlling heirs. The size of this stake can reduce investment in family firms, by reducing the future income they can pledge to external financiers. Using a purpose-built indicator of the permissiveness of inheritance law and data for...

    Provided By University of Salerno

  • White Papers // Oct 2009

    The Deep-Pocket Effect Of Internal Capital Markets

    The authors provide evidence suggesting that incumbents' access to group deep pockets has a negative impact on entry in product markets. Relying on a unique French data set on business groups, the paper presents three major findings. First, the amount of cash holdings owned by incumbent-affiliated groups is negatively related...

    Provided By University of Salerno

  • White Papers // Sep 2009

    Corporate Fraud, Governance And Auditing

    The authors analyze corporate fraud in a setting in which managers have superior information but are biased against liquidation, because of their private benefits from empire building. This may induce them to misreport information and even bribe auditors when liquidation would be value-increasing. To curb fraud, shareholders optimally design internal...

    Provided By University of Salerno

  • White Papers // Dec 2010

    Mirrlees Meets Laibson: Optimal Income Taxation With Bounded Rationality

    This paper studies an optimal taxation problem in a dynamic economy inhabited by individuals who differ in productivity (as in Kocherlakota, 2006) and in the short-term discount factor. The authors determine incentive compatible Pareto optimal allocations in a multidimensional screening model where individuals have to report truthfully their types. Two...

    Provided By University of Salerno

  • White Papers // Oct 2010

    Mixed Markets With Public Goods

    The authors use a mixed market model for analyzing economies with public projects in which the condition of perfect competition is violated. They discuss core-equivalence results in the general framework of non-Euclidean representation of the collective goods. They show that if large traders are similar to each other, then they...

    Provided By University of Salerno

  • White Papers // Oct 2010

    Aggregate Employment Dynamics And (Partial) Labour Market Reforms

    European labor markets have undergone several important innovations over the last three decades. Most countries have reformed their labor markets since the mid-1990s, with the liberalization of fixed-term contracts and temporary work agencies being the common elements to such reforms. This paper investigates the existence of a change in the...

    Provided By University of Salerno

  • White Papers // Sep 2010

    Optimal Compensation Contracts For Optimistic Managers

    Managers with anticipatory emotions have higher current utility if they are optimistic about the future. The authors study an employment contract between an (endogenously) optimistic manager and realistic investors. The manager faces a trade-off between ensuring that the chosen levels of effort reflect accurate news and savoring emotionally beneficial good...

    Provided By University of Salerno

  • White Papers // Jul 2010

    Legal Institutions, Innovation And Growth

    The authors build a stylized model of endogenous technological change and analyze the relationship between legal institutions, innovation and growth. Two legal systems are analyzed: a rigid system, where an uncontingent law is written ex ante and a flexible system where law-makers select the law ex post. They show that...

    Provided By University of Salerno

  • White Papers // Jun 2010

    Tax Evasion And Community Effects In Italy

    The author proposes an analysis of tax evasion in Italy using the data collected by the website evasori.info. This site collects reports by random internet users of the transactions in which they were involved that, lacking any legal receipt, were hidden from the tax authority. The author interprets this experiment...

    Provided By University of Salerno

  • White Papers // Jul 2010

    Vertical Separation With Private Contracts

    The authors consider a manufacturer's incentive to sell through an independent retailer, rather than directly to final consumers, when contracts with retailers cannot be observed by competitors. If retailers conjecture that identical competing manufacturers always offer identical contracts (symmetry beliefs), vertical separation by all manufacturers is equilibrium, and it results...

    Provided By University of Salerno

  • White Papers // Jan 2011

    Investment In Financial Literacy And Saving Decisions

    The authors present an intertemporal consumption model of consumer investment in financial literacy. Consumers benefit from such investment because their stock of financial literacy allows them to increase the returns on their wealth. Since literacy depreciates over time and has a cost in terms of current consumption, the model determines...

    Provided By University of Salerno

  • White Papers // Jan 2011

    Spillover Effects In Healthcare Programs: Evidence On Social Norms And Information Sharing

    Cervical cancer is considered to be one of the most preventable types of cancer, but cervical cancer mortality rates in Mexico have been dramatically high by international standards for many years. This paper exploits the randomized research design of a large welfare program - Progresa - to study the size...

    Provided By University of Salerno

  • White Papers // Jan 2010

    Fairness Properties Of Constrained Market Equilibria

    This paper studies the notion of fairness in pure exchange economies involving uncertainty and asymmetric information. The authors propose a new concept of coalitional fair allocation in order to solve the tension that may exist between efficiency and envy-freeness when the equity of allocations is evaluated at the {it interim}...

    Provided By University of Salerno

  • White Papers // Oct 2010

    Estate Taxation And Intergenerational Transfers

    The authors estimate the effect of estate taxation on bequests exploiting a sequence of Italian reforms culminating with the reduction of estate taxes in 1999 and their abolishment in 2001. They use the 1993-2006 Survey of Household Income and Wealth, which has data on real estate transfers received, and information...

    Provided By University of Salerno

  • White Papers // Nov 2009

    Credit Ratings Failures And Policy Options

    This paper examines the role of credit rating agencies in the subprime crisis, which was at the outset of the 2007-08 financial turmoil. The focus of the paper is on two aspects of ratings that contributed to the boom and bust of the market for asset-backed securities: rating inflation and...

    Provided By University of Salerno

  • White Papers // Jan 2010

    Does Conditionality Matter For Adults' Health? Evidence From A Randomized Experiment

    The authors present evidence on how the requirement to attend health and nutrition sessions affects the health behavior of adults living in households targeted by a nutritional program in rural Mexico. The evaluation sample of the Programa de Apoyo Alimentario (PAL) is unique in having four different treatment types, which...

    Provided By University of Salerno

  • White Papers // Feb 2010

    Advantageous Selection In The Private Hospital Insurance Market In Europe: Evidence On The Role Of Education And Cognitive Ability

    The author uses micro data from the Survey of Health, Ageing and Retirement in Europe to study whether the cost of acquiring health information is an important determinant of the decision to buy private hospital health insurance for individuals aged 50+, in eight European countries. The author first tests whether,...

    Provided By University of Salerno

  • White Papers // Oct 2009

    The Deep-Pocket Effect Of Internal Capital Markets

    The authors provide evidence suggesting that incumbents' access to group deep pockets has a negative impact on entry in product markets. Relying on a unique French data set on business groups, the paper presents three major findings. First, the amount of cash holdings owned by incumbent-affiliated groups is negatively related...

    Provided By University of Salerno

  • White Papers // Sep 2010

    Households' Indebtedness And Financial Fragility

    The paper studies the determinants of international differences in household indebtedness, and inquires whether indebtedness is associated with increased "Financial fragility", as measured by the sensitivity of household arrears and insolvencies to macroeconomic shocks. It also investigates whether financial fragility is affected by institutional factors, such as information sharing arrangements,...

    Provided By University of Salerno

  • White Papers // Nov 2009

    Inheritance Law And Investment In Family Firms

    Entrepreneurs may be constrained by the law to bequeath a minimal stake to non-controlling heirs. The size of this stake can reduce investment in family firms, by reducing the future income they can pledge to external financiers. Using a purpose-built indicator of the permissiveness of inheritance law and data for...

    Provided By University of Salerno

  • White Papers // Sep 2009

    Corporate Fraud, Governance And Auditing

    The authors analyze corporate fraud in a setting in which managers have superior information but are biased against liquidation, because of their private benefits from empire building. This may induce them to misreport information and even bribe auditors when liquidation would be value-increasing. To curb fraud, shareholders optimally design internal...

    Provided By University of Salerno

  • White Papers // Jul 2010

    Multiple-Bank Lending, Creditor Rights And Information Sharing

    Multiple bank lending creates an incentive to over borrow and default. When creditor rights are poorly protected and collateral value is volatile, this incentive leads to rationing and non-competitive interest rates. If banks share information about past debts via credit reporting systems, the incentive to over borrow is mitigated: interest...

    Provided By University of Salerno

  • White Papers // Apr 2012

    Universally Composable Secure Computation With (Malicious) Physically Uncloneable Functions

    The use of Physically Uncloneable Functions (PUFs) in Cryptography is a recent breakthrough that has caught the interest of both theoreticians and practitioners. A major step towards understanding and securely using PUFs has been done where Brzuska, Fischlin, Schr?der and Katzenbeisser augmented the Universal Composition (UC) Framework of Canetti by...

    Provided By University of Salerno

  • White Papers // May 2013

    I Am 4 Vho: New Approach to Improve Seamless Vertical Handover in Heterogeneous Wireless Networks

    Two mechanisms have been proposed independently by IEEE and 3GPP; namely, Media Independent Handover (MIH) and Access Network Discovery and Selection Function (ANDSF), respectively. These mechanisms enable a seamless Vertical HandOver (VHO) between the different types of technologies (3GPP and non-3GPP), such as GSM (Global System for Mobile Communication), Wireless...

    Provided By University of Salerno

  • White Papers // Apr 2011

    Themes and Challenges For Service Management Solutions In Small and Medium Enterprises (SMEs)

    In this paper, the authors provide an exploratory case study within an SME that is currently selecting a Service Management Solution (SMS) to enhance the existing SAP Business One systems. They examine existing business processes, legacy systems, potential solutions, and vendors with the aim of establishing the field of service...

    Provided By University of Salerno

  • White Papers // Jan 2012

    HERMIT: A New Methodology for Creating Autonomous Software Deployment Packages

    In this paper, the authors have proposed HERMIT: A new Methodology for Creating Autonomous Software Deployment Packages that automates the process of silent unattended installations/un-installations and requires minimal possible level of interaction with the user. HERMIT not only introduces new methodology but generalizes the process of silent unattended installation/un-installation. HERMIT...

    Provided By University of Salerno