L E O N A R D O
F E L L I
C U R R E N T R E S E A R C H
Research
2. Trust and Complexity in Vertical Relationships, May 2024, joint with Giacomo Calzolari, Johannes Koenen, Giancarlo Spagnolo, and Konrad O. Stahl, Janeway Institute Working Paper JIWP2101.
P
U B L I C A T I O N S
1.
103323.
2. Costly Pretrial Agreements, 2019, joint with Luca Anderlini, and Giovanni Immordino, Journal of Legal Studies, 48(1): 159-188.
3. Firm-Specific Training, 2018, joint with Christopher Harris, Journal of Economic Theory, 175: 585-623.
4. Collusion, Blackmail and Whistle-Blowing, 2018, joint with Rafael Hortala-Vallve, Quarterly Journal of Political Science, 11(3): 279-312.
5. Does Competition Solve the Hold-up Problem? 2016, joint with Kevin Roberts, Economica, 83: 172-200.
6. Why Stare Decisis? 2014, joint with Luca Anderlini, and Alessandro Riboni, Review of Economic Dynamics, 17(4): 726-738.
Blog Entries on the research project
7. Child Adoption Matching: Preferences for Gender and Race, 2014, joint with
Mariagiovanna
Baccara,
Allan Collard-Wexler,
and
Leeat Yariv, American Economic Journal: Applied Economics, 6(3): 133-158.
Press release and media coverage of the paper
8.
Legal Institutions, Innovation and Growth, 2013, joint
with
Luca Anderlini,
Giovanni Immordino, and
Alessandro Riboni,
International Economic Review, 54(3): 937-956.
9. How to Sell a (Bankrupt) Company, 2012, , joint with Francesca Cornelli, International Review of Finance, 54(3): 937-956.
10. Should Courts Always Enforce What Contracting Parties Write? 2011, joint
with
Luca Anderlini, and
Andrew Postlewaite,
Review of Law & Economics,
7(1): 14-28.
11.
Courts of Law and Unforeseen Contingencies,
2007, joint
with
Luca Anderlini, and
Andrew Postlewaite,
Journal of Law,
Economics and Organizations,
23: 662-684.
12.  If You Cannot Get Your Friends Elected Lobby Your Enemies,
2007, joint
with
Antonio Merlo,
Journal of the European
Economic Association (Papers and
Proceedings), 5(2-3): 624-635.
13. Undescribable Events, 2006, joint with Nabil I. Al-Najjar, and Luca Anderlini, Review of Economic Studies, 73: 849-868.
14. Endogenous Lobbying, 2006, joint with Antonio Merlo, Journal of the European Economic Association, 4(1): 180-215.
15.
Transaction Costs and the Robustness of the Coase Theorem,
2006, joint
with
Luca Anderlini,
The Economic Journal,
116: 223-245, re-printed in
The Coase Theorem, Volume II,
Richard A. Posner and Francesco Parisi (eds.). Edward Elgar, 2013.
16. Bounded Rationality and Incomplete Contracts, 2004, joint with Luca Anderlini, Research in Economics, 58: 3-30.
17. Costly Bargaining and Renegotiation, 2001, joint with Luca Anderlini, Econometrica, 69(2): 377-411.
18.
Renegotiation and Collusion in Organizations,
2000, joint
with
Miguel Villas-Boas,
Journal of Economics and Management
Strategy, 9(4): 453-483.
19. Incomplete Contracts and Complexity Costs, 1999, joint with Luca Anderlini, Theory and Decision, 46: 23-50.
20. Describability and Agency Problems, 1998, joint with Luca Anderlini, European Economic Review, 42(1): 35-59.
21.
Ex-ante Efficiency of Bankruptcy Procedures,
1997, joint
with
Francesca Cornelli,
European Economic Review (Papers
and Proceedings), 41(3-5): 475-485.
22.
Learning, Wage Dynamics and Firm-Specific Human Capital,
1996, joint
with
Christopher Harris,
Journal of Political
Economy, 104(4): 838-868.
23.
Incomplete Written Contracts: Undescribable States of Nature,
1994, joint
with
Luca Anderlini,
Quarterly Journal of
Economics, 109(4): 1085-1124.
24.
Job Matching and the Distribution of Producer Surplus,
1993, joint
with
Giuseppe Bertola,
Research in Economics,
47: 65-92.
A Note on G. Bertola and L. Felli (1993), 1996, joint with Christopher Harris, Research in Economics, 50: 317-319.
25. Turnovers and Asymptotic Behavior of Workers, 1993, Economic Letters, 42: 43-50.
26.
Do Marginal Employment Subsidies Increase Re-Employment Probabilities? 1988, joint
with
Andrea Ichino,
Labour,
2(3): 63-89.
27. Do Firms Insure Workers, or Workers Insure Firms? 1987, Economia & Lavoro, 21: 69-72.
O T H E R R E S E A R C H
28.
Complexity and Undescribability,
2016, joint
with
Nabil I. Al-Najjar, and
Luca Anderlini, in
The Impact of Incomplete Contracts
on Economics, Philippe Aghion, Mathias Dewatripont, Patrick Legros and Luigi Zingales (eds.), Oxford University Press, Ch. 33.
29. Active Courts and Menu Contracts, 2013, joint
with
Luca Anderlini, and
Andrew Postlewaite, in
Research Handbook on
Economic Models of Law, Matthew Baker and Thomas Miceli (eds.), Edward Elgar, Ch. 13.
30.
Agency Problems,
2008, joint
with
Luca Anderlini, entry for the
The New Palgrave Dictionary of Economics , Second
Edition, Online Version 2016, Steven N. Durlauf and Lawrence E. Blume (Eds.), Macmillan.
31.
Costly Contingent Contracts: A Failure of the Coase Theorem,
2007, joint
with
Luca Anderlini, in
Legal Orderings and
Economic Institutions, Fabrizio Cafaggi, Antonio Nicita and Ugo Pagano (eds.), Routledge.
32. Book Review of Economics of Language,
by Ariel Rubinstein, Cambridge University
Press, Cambridge, 2000, 2004,
joint with
Luca Anderlini,
Economica, 71: 169-171.
33.
Competition and Hold-Ups,
2000, joint
with
Kevin Roberts, in
Putting Economics to Work: Volume in Honour of Michio
Morishima, Anthony Atkinson, Howard Glennerster and Nicholas Stern (eds.), STICERD, LSE.
34.
The Theory of Bankruptcy and Mechanism Design,
1995, joint
with
Francesca Cornelli, in
Crisis, What Crisis? Orderly
Workouts for Sovereign Debtors, Barry Eichengreen and Richard Portes (eds.), CEPR.
35. Three Essays in Economic Theory: Collusion Delegation and Search, 1990, PhD Dissertation, M.I.T. Department of Economics.
B L O G E N T R I E S
1. Statute Law or Case Law? 15 August 2008, joint with Luca Anderlini, and Alessandro Riboni, in Legal Theory Blog.
2. A systemic vulnerability index: Measuring risk in the asset generation chain, 22 August 2009, joint with Luca Anderlini, in VOX.
3. Quanti Rischi nelle Tappe Intermedie, 9 March 2010, joint with Luca Anderlini, in LAVOCE.