Research - Bocconi University

A New Model Says If an Infrastructure Asset Price Is Right

Research conducted under the Antin IP Associate Professorship finds a long run equilibrium price depending on a set of risk drivers and shows that deviations from equilibrium prices are temporary

The Backslide of Liberal Democracy

Gabor Scheiring gives a new interpretation of the rise of a populist and authoritarian leadership in Hungary. An excerpt from his new book

Warning: Epidemics Are Often Followed by Unrest

From the Black Death to the Spanish Flu, history teaches that social tension accumulated over an epidemic can lead to significant episodes of rebellion, according to a study by Massimo Morelli and Roberto Censolo

Optimists Are the Salt of the Earth. And Salt Can Burn the Roots of Innovation

Overly optimistic entrepreneurs are unable to revise expectations after negative feedback, according to a study on 205 Spanish entrepreneurs. They tend thus to invest in too many projects to the detriment to innovation effectiveness

We'd Better Listen to Cassandra Also in Times of COVID

Six EU countries banned short selling on their stock exchanges in the wake of the COVID outbreak in order to avoid a downward feedback loop. They had it wrong, according to Marco Ventoruzzo

The Mafia Infiltrates the Legal Economy and Builds Consensus in Times of Crisis

Studying Italian provinces in the wake of the 2007 financial crisis, CLEAN Bocconi research highlights the existence of positive effects of Mafia territorial presence, thus providing an explanation for the persistence of such presence, and suggests how to overcome the issue