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Seminars in Politics and Society Piero Tortola (Collegio Carlo Alberto)

"N=2: The comparative study of the EU and the US as a research programme" abstract EU-US comparisons have proliferated in the past two decades or so. Yet by and large this scholarship so far has proceeded without a serious reflection on its own nature, raison d’être, and key characteristics—a lack of ‘self-awareness’ which in turn hampers mutual…

Seminars in Politics and Society Stefano Guzzini (Uppsala University)

"The Return of Geopolitics in Europe? Social mechanisms and foreign policy identity crises" abstract The end of the Cold War demonstrated the historical possibility of peaceful change and seemingly showed the superiority of non-realist approaches in International Relations. Yet in the post-Cold War period many European countries have experienced a resurgence of a distinctively realist…

Seminars in Statistics Silvia Montagna (Duke University)

Computer emulation with non-stationary Gaussian processes Computer codes are used widely in modern scientific research in complex chemical, thermodynamical and astrophysical processes. These codes deterministically map vectors of high-dimensional inputs into a scalar or vector-valued output, and must be run for many different input configurations to provide an adequate knowledge of the response surface. However,…

Seminars in Economics Branko Urosevic (University of Belgrade)

"Globalization, Exchange Rate Regimes and Financial Contagion" abstract The crisis of the Euro zone brought to the fore important questions including: what isthe proper level of financial integration and what are the optimal exchange rate arrangements between countries that are part of tightly knit financial networks. Using a simple Diamond-Dybvig-style theoretical model we show that…

Seminars in Economics Arie Kapteyn (RAND)

"Do Consumers Know How to Value Annuities? Complexity as a Barrier to Annuitization" abstract This paper provides evidence that complexity of the annuitization decision process – rather than a preference for lump-sums –may help explain observed low levels of annuity purchases. We test this using Social Security benefits as our choice setting in an experimental module…

Monday Lunch Seminars Giovanni Mastrobuoni (Collegio Carlo Alberto)

"Optimal Criminal Behavior and the Disutility of Jail: Theory and Evidence On Bank Robberies" abstract Based on unique data on individual bank robberies, this paper estimates the distribution of criminals' disutility of jail. The identification rests on the money versus risk trade-off that criminals face when deciding whether to stay an additional minute while robbing…

Seminars in Politics and Society Mattia Guidi (Collegio Carlo Alberto)

"A formal model of decision-making on independence and accountability of regulatory agencies" abstract This paper aims to analyse, in theoretical terms, the concepts of independence and accountability, and at theorizing their relationship. Until now, the literature has disregarded (or not highlighted to a sufficient extent) the existence of an inverse relationship between independence and accountability.…