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Felli, Leonardo

Overview
Works: 37 works in 56 publications in 2 languages and 124 library holdings
Roles: Author
Classifications: HJ8083, 336.343
Publication Timeline
Key
Publications about Leonardo Felli
Publications by Leonardo Felli
Most widely held works by Leonardo Felli
How to sell a (bankrupt) company by Francesca Cornelli( Book )
9 editions published between 2000 and 2001 in English and held by 42 libraries worldwide
The restructuring of a bankrupt company often entails the sale of such company. This paper suggests a way to sell the company that maximizes the creditors' proceeds. The key to this proposal is the option left to the creditors to retain a fraction of the shares of the company. Indeed, by retaining the minority stake, creditors reduce to a minimum the rents that the sale of the company leaves in the hand of the buyer
Endogenous lobbying by Leonardo Felli( Book )
1 edition published in 2000 in English and held by 13 libraries worldwide
In this paper the authors endogenize the number and characteristics of lobbies in a citizen-candidate model of representative democracy where citizens can lobby an elected policy-maker. They find that lobbying always matters. That is, lobbying always effects equilibrium policy outcomes. Moreover, only one policy outcome emerges in equilibrium. An "extremist" candidate is elected and implements a "centrist" policy that differs from the one most preferred by the median voter. These results are in contrast with the ones obtained in the context of a citizen-candidate model where lobbies are exogenous
Costly contingent contracts by Luca Anderlini( Book )
2 editions published in 1996 in English and held by 11 libraries worldwide
Technological innovations : slumps and booms by Leonardo Felli( Book )
5 editions published between 1997 and 1998 in English and held by 11 libraries worldwide
Transaction costs and the robustness of the Coase theorem by Luca Anderlini( Book )
3 editions published in 2001 in English and held by 10 libraries worldwide
Endogenous agency problems by Luca Anderlini( Book )
2 editions published in 1994 in English and held by 8 libraries worldwide
Incomplete contracts and complexity costs by Luca Anderlini( Book )
2 editions published in 1996 in English and held by 6 libraries worldwide
Competition and hold-ups by Leonardo Felli( Book )
1 edition published in 1999 in English and held by 3 libraries worldwide
Unforseen contingencies by Nabil I Al-Najjar( Book )
2 editions published in 2002 in English and held by 3 libraries worldwide
Endogenous lobbying by Leonardo Felli( Article )
1 edition published in 2003 in English and held by 3 libraries worldwide
I doveri fiduciari come strumento di governo delle transazioni nell' impresa by Fabrizio Barca( Article )
1 edition published in 1994 in Italian and held by 2 libraries worldwide
Should courts always enforce what contracting parties write? by Luca Anderlini( Book )
1 edition published in 2006 in English and held by 2 libraries worldwide
We find an economic rationale for the common sense answer to the question in our title courts should not always enforce what the contracting parties write. We describe and analyze a contractual environment that allows a role for an active court. An active court can improve on the outcome that the parties would achieve without it. The institutional role of the court is to maximize the parties' welfare under a veil of ignorance. We study a buyer-seller multiple-widget model with risk-neutral agents, asymmetric information and ex-ante investments. The court must decide when to uphold a contract and when to void it. The parties know their private information at the time of contracting, and this drives a wedge between ex-ante and interim-efficient contracts. In particular, if the court enforces all contracts, pooling obtains in equilibrium. By voiding some contracts the court is able to induce them to separate, and hence improve ex-ante welfare. In some cases, an ambiguous court that voids and upholds both with positive probability may be able to increase welfare even further
Competition and trust : evidence from German car manufacturers by Leonardo Felli( Book )
1 edition published in 2011 in English and held by 2 libraries worldwide
We explore the determinants and effects of trust relationships between upstream suppliers and downstream producers. Using unique survey data on individual supplier-buyer relationships in the German automotive industry, we show, by means of different measures of supplier-buyer trust, that higher levels of trust mitigate relationship-specific underinvestment in a classical hold-up situation. Moreover, contrary to the extant literature, we show that higher levels of supplier's trust are reflected in the buyer's choice of a more competitive procurement strategy among potential suppliers
Three essays in economic theory--collusion, delegation, and search by Leonardo Felli( Archival Material )
1 edition published in 1990 in English and held by 1 library worldwide
The economic journal : the journal of the Royal Economic Society ( Book )
1 edition published in 2006 in English and held by 1 library worldwide
Incomplete written contracts: undescribable states of nature by Luca Anderlini( Article )
1 edition published in 1994 in English and held by 1 library worldwide
Crisis? What crisis? Orderly workouts for sovereign debtors by Barry J Eichengreen( Book )
1 edition published in 1995 in English and held by 1 library worldwide
The theory of bankruptcy and mechanism design by Francesca Cornelli( Article )
1 edition published in 1995 in English and held by 1 library worldwide
Courts of law and unforeseen contingencies by Luca Anderlini( file )
1 edition published in 2001 in English and held by 0 libraries worldwide
We study a contracting model with unforeseen contingencies in which the court is an active player. Ex-ante, the contracting parties cannot include the risky unforeseen contingencies in the contract they draw up. Ex-post the court observes whether an unforeseen contingency occurred, and decides whether to void or uphold the contract. If the contract is voided by the court, the parties can renegotiate a new agreement ex-post
 
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Languages
English (36)
Italian (2)
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