Piero Gottardi

University of Essex - Department of Economics

Wivenhoe Park

Colchester CO4 3SQ

United Kingdom

European University Institute - Department of Economics

Professor of Economics

Villa Schifanoia

133 via Bocaccio

Firenze (Florence), Tuscany 50014

Italy

Ca Foscari University of Venice - Dipartimento di Economia

Cannaregio 873

Venice, 30121

Italy

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5

Munich, DE-81679

Germany

SCHOLARLY PAPERS

28

DOWNLOADS
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SSRN RANKINGS

Top 32,817

in Total Papers Downloads

3,259

TOTAL CITATIONS
Rank 8,192

SSRN RANKINGS

Top 8,192

in Total Papers Citations

168

Scholarly Papers (28)

1.

Risk-Sharing and Contagion in Networks

CESifo Working Paper Series No. 4715
Number of pages: 42 Posted: 16 Apr 2014
Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, University of Essex - Department of Economics and Bocconi UniversityUniversidad de Alicante - Department of Economic AnalysisEuropean University Institute
Downloads 494 (120,856)
Citation 21

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firm networks, contagion, risk sharing

2.

Social Security and Risk Sharing

CESifo Working Paper Series No. 1705, University Ca' Foscari of Venice, Dept. of Economics Research Paper Series No. 38/06
Number of pages: 41 Posted: 11 May 2006
Piero Gottardi and Felix Kubler
University of Essex - Department of Economics and University of Zurich
Downloads 210 (302,376)
Citation 1

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intergenerational risk sharing, social security, ex ante welfare improvements, interim optimality, price effects

3.

Managerial Hedging and Portfolio Monitoring

CESifo Working Paper Series No. 1322, University Ca' Foscari of Venice, Dept. of Economics Research Paper Series No. 24/07
Number of pages: 53 Posted: 13 Nov 2004
Adriano A. Rampini, Alberto Bisin and Piero Gottardi
Duke University, New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 202 (313,658)
Citation 4

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Executive compensation, incentives, monitoring, corporate governance

Efficiency Properties of Rational Expectations Equilibria with Asymmetric Information

LSE Financial Markets Group Working Paper No. 381
Number of pages: 45 Posted: 28 Jul 2001
Rohit Rahi and Piero Gottardi
London School of Economics - Department of Finance and University of Essex - Department of Economics
Downloads 179 (349,605)

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Rational Expectations Equilibrium, Asymmetric Information, Incomplete Markets

Efficiency Properties of Rational Expectations Equilibria with Asymmetric Information

Number of pages: 47 Posted: 28 Aug 2001
Piero Gottardi and Rohit Rahi
University of Essex - Department of Economics and London School of Economics - Department of Finance
Downloads 21 (1,120,498)
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Asymmetric information, incomplete markets, rational expectations equilibrium

Illiquidity and Under-Valuation of Firms

CESifo Working Paper Series No. 2900
Number of pages: 43 Posted: 27 Jan 2010
Douglas M. Gale and Piero Gottardi
New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 101 (557,092)

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illiquid markets, default, incomplete markets, price distortions, inefficient investment

Illiquidity and Under-Valuation of Firms

University Ca' Foscari of Venice, Dept. of Economics Research Paper Series No. 36/WP/2008
Number of pages: 39 Posted: 18 Nov 2008
Douglas M. Gale and Piero Gottardi
New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 88 (609,976)

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illiquid markets, default, incomplete markets, price distortions, inefficient investment

6.

Equilibrium Corporate Finance

Number of pages: 44 Posted: 29 Jul 2016
Alberto Bisin, Piero Gottardi and Guido Ruta
New York University (NYU) - Department of Economics, University of Essex - Department of Economics and S. Giovanni Laterano
Downloads 165 (376,210)
Citation 5

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capital structure, competitive equilibria, incomplete markets, asymmetric information

7.

A Note on the Convergence to Competitive Equilibria in Economies with Moral Hazard

Universitat Pompeu Fabra Department of Economics Working Paper No. 381
Number of pages: 23 Posted: 27 Oct 1999
Alberto Bisin, Piero Gottardi and Danilo Guaitoli
New York University (NYU) - Department of Economics, University of Essex - Department of Economics and Universitat Pompeu Fabra
Downloads 155 (396,880)
Citation 4

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8.

Optimal Taxation and Constrained Inefficiency in an Infinite-Horizon Economy with Incomplete Markets

CESifo Working Paper Series No. 3560
Number of pages: 46 Posted: 05 Sep 2011
Piero Gottardi, Atsushi Kajii and Tomoyuki Nakajima
University of Essex - Department of Economics, Institute of Economic Research, Kyoto University and University of Tokyo
Downloads 151 (405,529)
Citation 1

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incomplete markets, Ramsey equilibrium, optimal taxation, optimal public debt, constrained inefficiency

Efficient Competitive Equilibria with Adverse Selection

CESifo Working Paper Series No. 1504
Number of pages: 37 Posted: 08 Aug 2005
Alberto Bisin and Piero Gottardi
New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 150 (407,995)
Citation 50

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Efficient Competitive Equilibria with Adverse Selection

Journal of Political Economy, Vol. 114, pp. 485-516, June 2006
Posted: 25 Jun 2006
Alberto Bisin and Piero Gottardi
New York University (NYU) - Department of Economics and University of Essex - Department of Economics

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10.

A Theory of Repurchase Agreements, Collateral Re-Use, and Repo Intermediation

CESifo Working Paper Series No. 6579
Number of pages: 65 Posted: 22 Aug 2017
Piero Gottardi, Vincent Maurin and Cyril Monnet
University of Essex - Department of Economics, HEC Paris - Finance Department and University of Bern
Downloads 147 (414,484)
Citation 26

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Repos, Collateral Multiplier, Limited Commitment, Intermediation

11.

Equilibrium Theory of Banks' Capital Structure

CESifo Working Paper Series No. 6580
Number of pages: 43 Posted: 23 Aug 2017
Douglas M. Gale and Piero Gottardi
New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 144 (421,284)
Citation 8

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capital structure, banks, bankruptcy

12.

Optimal Taxation and Debt with Uninsurable Risks to Human Capital Accumulation

FRB Atlanta Working Paper No. 2014-24
Number of pages: 39 Posted: 04 Apr 2015
Piero Gottardi, Atsushi Kajii and Tomoyuki Nakajima
University of Essex - Department of Economics, Institute of Economic Research, Kyoto University and University of Tokyo
Downloads 125 (471,101)
Citation 15

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incomplete markets, Ramsey equilibrium, optimal taxation, optimal public debt

13.

Flexible Contracts

CESifo Working Paper Series No. 2927
Number of pages: 48 Posted: 01 Feb 2010
Piero Gottardi, Jean-Marc Tallon and Paolo Ghirardato
University of Essex - Department of Economics, Paris School of Economics and Collegio Carlo Alberto
Downloads 113 (508,751)

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delegation, flexibility, agency costs, multiple priors, imprecision aversion

14.

Market Power and Information Revelation in Dynamic Trading

CESifo Working Paper Series No. 1300
Number of pages: 47 Posted: 02 Nov 2004
Roberto Serrano and Piero Gottardi
Brown University and University of Essex - Department of Economics
Downloads 113 (508,751)

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asymmetric information, information revelation, dynamic trading, oligopolistic competition, clienteles

15.

Value of Information in Competitive Economies with Incomplete Markets

Number of pages: 32 Posted: 24 Sep 2007 Last Revised: 01 May 2012
Piero Gottardi and Rohit Rahi
University of Essex - Department of Economics and London School of Economics - Department of Finance
Downloads 111 (515,549)
Citation 6

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Competitive Equilibrium, Incomplete Markets, Value of Information

Bankruptcy: Is it Enough to Forgive or Must We Also Forget?

FRB of Philadelphia Working Paper No. 11-14
Number of pages: 47 Posted: 04 Apr 2011
Ronel Elul and Piero Gottardi
Federal Reserve Bank of Philadelphia and University of Essex - Department of Economics
Downloads 94 (584,919)
Citation 19

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Bankruptcy, Information, Incentives, Fresh Start

Bankruptcy: Is it Enough to Forgive or Must We Also Forget?

FRB of Philadelphia Working Paper No. 07-10, University Ca' Foscari of Venice, Dept. of Economics Research Paper Series No. 23/07, CESifo Working Paper Series No. 2313
Posted: 25 Jun 2007
Ronel Elul and Piero Gottardi
Federal Reserve Bank of Philadelphia and University of Essex - Department of Economics

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Bankruptcy, Information, Incentives, Fresh Start

17.

A Note on Walrasian Equilibria with Moral Hazard and Aggregate Uncertainty

University Ca' Foscari of Venice, Dept. of Economics Research Paper Series No. 43/06
Number of pages: 10 Posted: 30 Nov 2006
Piero Gottardi and Belén Jerez
University of Essex - Department of Economics and Charles III University of Madrid
Downloads 74 (665,609)

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Moral Hazard, Aggregate Risk, Incentive Efficiency, Walrasian Markets

18.

Markets for Information: Of Inefficient Firewalls and Efficient Monopolies

CESifo Working Paper Series No. 2336
Number of pages: 60 Posted: 07 Jul 2008
Antonio Cabrales and Piero Gottardi
University College London - Department of Economics and University of Essex - Department of Economics
Downloads 71 (680,572)
Citation 2

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information acquisition, cheap talk, sale of information

19.

Local Sunspot Equilibria Reconsidered

PIER Working Paper No. 01-054
Number of pages: 28 Posted: 25 Jan 2002
Julio Davila, Piero Gottardi and Atsushi Kajii
Nazarbayev University, University of Essex - Department of Economics and Institute of Economic Research, Kyoto University
Downloads 71 (680,572)

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20.

Constrained Inefficiency and Optimal Taxation with Uninsurable Risks

FRB Atlanta Working Paper No. 2014-25
Number of pages: 28 Posted: 04 Apr 2015
Piero Gottardi, Atsushi Kajii and Tomoyuki Nakajima
University of Essex - Department of Economics, Institute of Economic Research, Kyoto University and University of Tokyo
Downloads 66 (707,029)
Citation 4

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optimal linear taxes, incomplete markets, constrained efficiency

Communication and Social Preferences: An Experimental Analysis

CESifo Working Paper No. 8850
Number of pages: 42 Posted: 26 Jan 2021
University College London - Department of Economics, University of London - Royal Holloway College, University of Essex - Department of Economics and University of Malaga
Downloads 62 (743,722)

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Communication and Social Preferences: An Experimental Analysis

CEPR Discussion Paper No. DP15711
Number of pages: 43 Posted: 11 Feb 2021
University College London - Department of Economics, University of London - Royal Holloway College, University of Essex - Department of Economics and University of Malaga
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22.

Can There Be a Market for Cheap-Talk Information? An Experimental Investigation

CESifo Working Paper Series No. 6975
Number of pages: 41 Posted: 08 Jun 2018
University College London - Department of Economics, University of London - Royal Holloway College, University of Essex - Department of Economics and University of Malaga
Downloads 58 (753,582)

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experiment, cheap talk, auction, information acquisition, information sale

23.

Risk-Sharing and Retrading in Incomplete Markets

Number of pages: 18 Posted: 21 Jan 2012
Rohit Rahi and Piero Gottardi
London School of Economics - Department of Finance and University of Essex - Department of Economics
Downloads 56 (766,360)
Citation 1

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Competitive Equilibrium, Incomplete Markets, Information, Retrading

24.

Capital Structure and Hedging Demand with Incomplete Markets

NBER Working Paper No. w20345
Number of pages: 52 Posted: 04 Aug 2014 Last Revised: 03 Feb 2023
Alberto Bisin, Piero Gottardi and Guido Ruta
New York University (NYU) - Department of Economics, University of Essex - Department of Economics and S. Giovanni Laterano
Downloads 32 (962,252)

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25.

Efficient Policy Interventions in an Epidemic

CEPR Discussion Paper No. DP15386
Number of pages: 37 Posted: 03 Nov 2020
Alberto Bisin and Piero Gottardi
New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 5 (1,272,318)
Citation 1
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Epidemic, Externalities, infection rights, Pigouvian Taxes

26.

Can There Be a Market for Cheap-Talk Information? Some Experimental Evidence

CEPR Discussion Paper No. DP11206
Number of pages: 63 Posted: 18 Apr 2016
University College London - Department of Economics, University of London - Royal Holloway College, University of Essex - Department of Economics and University of Malaga
Downloads 1 (1,297,572)
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Auction, cheap talk, Experiment, Information Acquisition, Information Sale

27.

Financial Fragility with Collateral Circulation

CEPR Discussion Paper No. DP15757
Number of pages: 55 Posted: 11 Feb 2021
Piero Gottardi, Vincent Maurin and Cyril Monnet
University of Essex - Department of Economics, HEC Paris - Finance Department and University of Bern
Downloads 0 (1,305,406)
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28.

Disaggregation of Excess Demand and Comparative Statics with Incomplete Markets and Nominal Assets

Economic Theory, Vol. 13, Issue 2, February 1999
Posted: 24 Mar 1999
Piero Gottardi and Thorsten Hens
University of Essex - Department of Economics and University of Zurich - Department of Banking and Finance

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Other Papers (1)

Total Downloads: 104
1.

Managerial Hedging and Portfolio Monitoring

AFA 2006 Boston Meetings Paper
Number of pages: 49 Posted: 27 Feb 2005
Adriano A. Rampini, Alberto Bisin and Piero Gottardi
Duke University, New York University (NYU) - Department of Economics and University of Essex - Department of Economics
Downloads 104

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Executive Compensation, Incentives, Monitoring, Corporate Governance