Filippo Balestrieri

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This paper analyzes the choice of academic scientists to commercially exploit their research. I build a model of the timing of entry into commercial activities by an academic research team, and analyze the returns and costs of these activities. In order to focus on the peculiarities of academic entrepreneurship as opposed to industrial entrepreneurship, I(More)
The current Cloud infrastructure services (IaaS) market employs a resource-based selling model: customers rent nodes from the provider and pay per-node per-unit-time. This selling model places the burden upon customers to predict their job resource requirements and durations. Inaccurate prediction by customers can result in over-provisioning of resources ,(More)
The online travel market was recently affected by the appearance of new firms, like or, which sell hotel rooms, airplane tickets and car rentals through innovative lottery-like mechanisms. In this paper we examine the use of lotteries over substitutes goods under different market structures. We first show that a mo-nopolist that(More)
Some insurance markets are characterized by " advantageous selection " , that is, ex-post risk and coverage are negatively correlated. We show that expectation-based loss aversion as in K˝ oszegi and Rabin (2006, 2007) provides a natural explanation for this phenomenon when agents face modest-scale risks. More exposure to risk has two competing effects on(More)
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