We study a duopoly model of investment, in which each player learns about the quality of a common value project by observing some public background information, and possibly the experience of his rival. Investment costs are private information, and the background signal takes the form of a Poisson process conditional on the quality of the project being low. The resulting attrition game has a un...

This paper investigates the relationship between public investment in transportation and communication and economic growth using traditional instrumental estimation and a mixed fixed and random coefficient approach in the context of a dynamic panel framework. We find that there is a dynamic effect of public investment in transportation and communication on economic growth and its impact is posi...

The purpose of this research is to illustrate, through a case study, multilevel decision-making process able support the decision maker in optimizing investment choices for efficient allocation public resources, with specific reference recovery and adaptation reuse unused historical heritage. During evaluation process, two methods particular were combined according multiphase design: (i) multi-...