Leonardo Felli

University of Cambridge

Professor

Trinity Ln

Cambridge, CB2 1TN

United Kingdom

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5

Munich, DE-81679

Germany

Centre for Economic Policy Research (CEPR)

Fellow

London

United Kingdom

SCHOLARLY PAPERS

39

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7,211

TOTAL CITATIONS
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Top 4,867

in Total Papers Citations

126

Scholarly Papers (39)

1.

Ex-Ante Efficiency of Bankruptcy Procedures

Number of pages: 14 Posted: 08 Jan 1997
Francesca Cornelli and Leonardo Felli
London Business School and University of Cambridge
Downloads 710 (78,119)
Citation 8

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Gender and Racial Biases: Evidence from Child Adoption

CESifo Working Paper Series No. 2921
Number of pages: 51 Posted: 02 Feb 2010
Washington University in St. Louis, Duke University, University of Cambridge and Princeton University
Downloads 676 (82,021)

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child adoption, gender bias, racial bias, search, matching

Gender and Racial Biases: Evidence from Child Adoption

CEPR Discussion Paper No. DP7647
Number of pages: 60 Posted: 08 Feb 2010
Washington University in St. Louis, Duke University, University of Cambridge and Princeton University
Downloads 5 (1,353,831)
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Child Adoption, Gender Bias, Matching, Racial Bias, Search

3.
Downloads 527 (114,315)
Citation 14

Statute Law or Case Law?

CESifo Working Paper Series No. 2358
Number of pages: 54 Posted: 30 Jul 2008
Luca Anderlini, Leonardo Felli and Alessandro Riboni
Georgetown University - Department of Economics, University of Cambridge and École Polytechnique, Paris - Laboratoire d'Econometrie
Downloads 226 (287,845)

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statute law, case law, flexibility, rigidity, time-inconsistency, precedents

Statute Law or Case Law?

Number of pages: 49 Posted: 22 Jul 2008 Last Revised: 22 Sep 2008
Luca Anderlini, Leonardo Felli and Alessandro Riboni
Georgetown University - Department of Economics, University of Cambridge and École Polytechnique, Paris - Laboratoire d'Econometrie
Downloads 200 (322,213)
Citation 13

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Statute Law or Case Law?

LSE STICERD Research Paper No. TE528
Number of pages: 52 Posted: 13 May 2009
Luca Anderlini, Leonardo Felli and Alessandro Riboni
Georgetown University - Department of Economics, University of Cambridge and École Polytechnique, Paris - Laboratoire d'Econometrie
Downloads 99 (579,129)

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Statute Law or Case Law?

CEPR Discussion Paper No. DP6912
Number of pages: 52 Posted: 20 Aug 2008
Luca Anderlini, Leonardo Felli and Alessandro Riboni
Georgetown University - Department of Economics, University of Cambridge and École Polytechnique, Paris - Laboratoire d'Econometrie
Downloads 2 (1,371,305)
Citation 1
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Case Law, Flexibility, Incomplete Laws, Precedents, Rigidity, Statute Law, Time-Inconsistency

4.

Costly Contingent Contracts

Number of pages: 61 Posted: 13 Nov 1996
Leonardo Felli and Luca Anderlini
University of Cambridge and Georgetown University - Department of Economics
Downloads 479 (128,001)

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Should Courts Always Enforce What Contracting Parties Write?

CESifo Working Paper No. 1847, PIER Working Paper No. 03-026, U of Penn, Inst for Law & Econ Research Paper No. 03-30
Number of pages: 50 Posted: 11 Nov 2003
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 332 (192,461)
Citation 7

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optimal courts, informational externalities, ex-ante welfare

Should Courts Always Enforce What Contracting Parties Write?

PIER Working Paper No. 09-004
Number of pages: 16 Posted: 26 Jan 2009
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 65 (746,115)
Citation 6

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Optimal Courts, Informational Externalities, Ex-Ante Welfare

Should Courts Always Enforce What Contracting Parties Write?

Number of pages: 53 Posted: 11 Feb 2004
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 26 (1,099,060)
Citation 1
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Optimal courts, informational externalities, parties' ex-ante welfare

6.

Courts of Law and Unforeseen Contingencies (Second Version)

USC CLEO Research Paper No. C02-4, PIER Working Paper No. 06-001 , Univ. of Pennsylvania, Institue for Law and Economics Research Paper No. 06-15, Journal of Law, Economics, and Organization Advance Acces, September 2006
Number of pages: 33 Posted: 23 Jun 2006
Leonardo Felli, Luca Anderlini and Andrew Postlewaite
University of Cambridge, Georgetown University - Department of Economics and University of Pennsylvania - Department of Economics
Downloads 404 (156,344)
Citation 1

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courts of law, unforeseen contingencies, precedents, incentives, insurance

7.
Downloads 347 (185,111)
Citation 4

Endogenous Lobbying

Number of pages: 36 Posted: 19 Apr 2000
Leonardo Felli and Antonio Merlo
University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 220 (294,144)

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Lobbying, citizen-candidate, representative democracy, electoral competition

Endogenous Lobbying

LSE STICERD Research Paper No. TE448
Number of pages: 37 Posted: 16 Jul 2008
Leonardo Felli and Antonio Merlo
University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 108 (542,816)

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Endogenous Lobbying

Number of pages: 33 Posted: 14 Feb 2002
Leonardo Felli and Antonio Merlo
University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 19 (1,192,144)
Citation 4
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Endogenous lobbying, citizen-candidate model, representative democracy

8.

Trust, Competition and Innovation: Theory and Evidence from German Car Manufacturers

CESifo Working Paper Series No. 5229
Number of pages: 52 Posted: 12 Mar 2015
European University Institute - Economics Department (ECO), University of Cambridge, ARC Econ GmbH, University of Rome Tor Vergata and University of Mannheim - Department of Economics
Downloads 315 (205,401)
Citation 2

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trust, hold-up problem, competition, innovation, specific investment, procurement, relational contracts, management practices, suppliers, car manufacturers, German automotive industry

9.
Downloads 265 (246,075)
Citation 35

Does Competition Solve the Hold-Up Problem?

CARESS Working Paper No. 00-04
Number of pages: 55 Posted: 02 Jun 2000
Leonardo Felli and Kevin W.S. Roberts
University of Cambridge and Nuffield College, Oxford
Downloads 163 (388,344)
Citation 30

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Does Competition Solve the Hold-Up Problem?

LSE STICERD Research Paper No. TE414
Number of pages: 63 Posted: 16 Jul 2008
Leonardo Felli and Kevin W.S. Roberts
University of Cambridge and Nuffield College, Oxford
Downloads 65 (746,115)

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Does Competition Solve the Hold-Up Problem?

Number of pages: 63 Posted: 13 Oct 2002
Leonardo Felli and Kevin W.S. Roberts
University of Cambridge and Nuffield College, Oxford
Downloads 37 (973,041)
Citation 5
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Hold-up problem, competition, matching, specific investments

Competition and Trust: Evidence from German Car Manufacturers

CESifo Working Paper Series No. 3358
Number of pages: 39 Posted: 24 Feb 2011
Leonardo Felli, Johannes Koenen and Konrad O. Stahl
University of Cambridge, ARC Econ GmbH and University of Mannheim - Department of Economics
Downloads 152 (412,609)

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trust, hold-up problem, competition, specific investment, suppliers, car manufacturers, German automotive industry

Competition and Trust: Evidence from German Car Manufacturers

ZEW - Centre for European Economic Research Discussion Paper No. 11-072
Number of pages: 42 Posted: 18 Jan 2012
Leonardo Felli, Johannes Koenen and Konrad O. Stahl
University of Cambridge, ARC Econ GmbH and University of Mannheim - Department of Economics
Downloads 106 (550,667)
Citation 1

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Trust, Hold-up problem, Competition, Specifi c investment, Suppliers, Car manufacturers, German automotive industry

Competition and Trust: Evidence from German Car Manufacturers

CEPR Discussion Paper No. DP8265
Number of pages: 41 Posted: 14 Mar 2011
Leonardo Felli, Johannes Koenen and Konrad O. Stahl
University of Cambridge, ARC Econ GmbH and University of Mannheim - Department of Economics
Downloads 2 (1,371,305)
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Car manufacturers, Competition, German automotive industry, Hold-up problem, Specific investment, Suppliers, Trust

11.
Downloads 256 (254,889)
Citation 11

Costly Bargaining and Renegotiation

CESifo Working Paper Series No. 213
Number of pages: 49 Posted: 02 Nov 1999
Luca Anderlini and Leonardo Felli
Georgetown University - Department of Economics and University of Cambridge
Downloads 211 (306,368)
Citation 11

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Optional bargaining costs, inefficient bargaining outcomes, renegotiation, imperfect recall

Costly Bargaining and Renegotiation

LSE STICERD Research Paper No. TE361
Number of pages: 44 Posted: 16 Jul 2008
Luca Anderlini and Leonardo Felli
Georgetown University - Department of Economics and University of Cambridge
Downloads 45 (895,822)

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12.

Competition and Hold-Ups

Number of pages: 21 Posted: 12 Aug 1999
Leonardo Felli and Kevin W.S. Roberts
University of Cambridge and Nuffield College, Oxford
Downloads 217 (299,557)

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13.

Collusion, Blackmail and Whistle-Blowing

CESifo Working Paper Series No. 5343
Number of pages: 37 Posted: 19 May 2015
Leonardo Felli and Rafael Hortala-Vallve
University of Cambridge and London School of Economics & Political Science (LSE) - Department of Government
Downloads 197 (327,974)
Citation 6

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collusion, blackmail, whistle-blowing and communication

14.
Downloads 193 (334,309)
Citation 3

Legal Institutions, Innovation and Growth

CESifo Working Paper Series No. 3489
Number of pages: 43 Posted: 15 Jun 2011
Georgetown University - Department of Economics, University of Cambridge, CSEF - University of Naples Federico II and École Polytechnique, Paris - Laboratoire d'Econometrie
Downloads 184 (348,496)
Citation 1

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legal system, commitment, flexibility, innovation, growth

Legal Institutions, Innovation and Growth

CEPR Discussion Paper No. DP8433
Number of pages: 45 Posted: 16 Jun 2011
Georgetown University - Department of Economics, University of Cambridge, CSEF - University of Naples Federico II and École Polytechnique, Paris - Laboratoire d'Econometrie
Downloads 9 (1,320,289)
Citation 2
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Commitment, Flexibility, Growth, Innovation, Legal System

15.

Undescribable Events

Number of pages: 58 Posted: 28 Jan 2004
Nabil I. Al-Najjar, Luca Anderlini and Leonardo Felli
Northwestern University - Kellogg School of Management, Georgetown University - Department of Economics and University of Cambridge
Downloads 164 (386,611)
Citation 1

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undescribable events, incomplete contracts, finite invariance, fine variability.

16.

Should Courts Always Enforce What Contracting Parties Write? Second Version

PIER Working Paper No. 06-024, University of Pennsylvania, Institute for Law & Economics Research Paper No. 06-24
Number of pages: 34 Posted: 20 Oct 2006
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 161 (392,776)
Citation 2

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Optimal Courts, Informational Externalities, Ex-Ante Welfare

17.
Downloads 156 (403,466)
Citation 10

Active Courts and Menu Contracts

PIER Working Paper No. 06-025, CESifo Working Paper No. 1852
Number of pages: 24 Posted: 20 Oct 2006
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 104 (558,629)
Citation 10

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Optimal Courts, Informational Externalities, Ex-ante Welfare, Informed Principal, Menu Contracts

Active Courts and Menu Contracts

LSE STICERD Research Paper No. TE511
Number of pages: 26 Posted: 16 Jul 2008
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 52 (836,884)

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18.

Transaction Costs and the Robustness of the Coase Theorem

LSE STICERD Research Paper No. TE409
Number of pages: 39 Posted: 16 Jul 2008
Luca Anderlini and Leonardo Felli
Georgetown University - Department of Economics and University of Cambridge
Downloads 144 (430,776)

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19.
Downloads 143 (433,208)

Firm-Specific Training

LSE STICERD Research Paper No. TE473
Number of pages: 41 Posted: 16 Jul 2008
Leonardo Felli and Christopher Harris
University of Cambridge and University of Cambridge - Department of Applied Economics
Downloads 116 (513,764)

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Firm-Specific Training

Number of pages: 38 Posted: 19 Oct 2004
Leonardo Felli and Christopher Harris
University of Cambridge and University of Cambridge - Department of Applied Economics
Downloads 25 (1,111,825)
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Firm-specific training, productivity-enhancement, employee evaluation, firm-specific human capital

Firm-Specific Training

CEPR Discussion Paper No. DP12748
Number of pages: 58 Posted: 26 Feb 2018
Leonardo Felli and Christopher Harris
University of Cambridge and University of Cambridge - Department of Applied Economics
Downloads 2 (1,371,305)
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Specific human capital; Training; Learning-by-doing; Turnover; Productivity enhancement; Employee evaluation

20.

Does Competition Solve the Hold-Up Problem?

Number of pages: 56 Posted: 19 Feb 2001
Leonardo Felli and Kevin W.S. Roberts
University of Cambridge and Nuffield College, Oxford
Downloads 128 (473,353)

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21.
Downloads 124 (485,312)
Citation 4

Why Stare Decisis?

Number of pages: 36 Posted: 28 May 2010
Luca Anderlini, Leonardo Felli and Alessandro Riboni
Georgetown University - Department of Economics, University of Cambridge and École Polytechnique, Paris - Laboratoire d'Econometrie
Downloads 110 (535,301)
Citation 3

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C79, D74, D89, K40, L14.

Why Stare Decisis?

CEPR Discussion Paper No. DP8266
Number of pages: 39 Posted: 14 Mar 2011
Luca Anderlini, Leonardo Felli and Alessandro Riboni
Georgetown University - Department of Economics, University of Cambridge and École Polytechnique, Paris - Laboratoire d'Econometrie
Downloads 14 (1,260,212)
Citation 1
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Case Law, Precedents, Stare Decisis, Time-Inconsistency

22.

Bounded Rationality and Incomplete Contracts

LSE STICERD Research Paper No. TE407
Number of pages: 41 Posted: 16 Jul 2008
Luca Anderlini and Leonardo Felli
Georgetown University - Department of Economics and University of Cambridge
Downloads 121 (494,703)

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23.

Technological Innovations: Slumps and Booms

Number of pages: 26 Posted: 12 Apr 1998
Leonardo Felli and François Ortalo-Magné
University of Cambridge and Wisconsin School of Business
Downloads 118 (504,211)
Citation 1

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24.

Endogenous Lobbying, Second Version

Number of pages: 41 Posted: 08 Dec 2004
Leonardo Felli and Antonio Merlo
University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 104 (554,068)
Citation 1

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Lobbying, citizen-candidate, representative democracy, electoral competition

25.
Downloads 95 (589,374)

Unforeseen Contingencies

LSE STICERD Research Paper No. TE431
Number of pages: 52 Posted: 16 Jul 2008
Nabil I. Al-Najjar, Luca Anderlini and Leonardo Felli
Northwestern University - Kellogg School of Management, Georgetown University - Department of Economics and University of Cambridge
Downloads 66 (740,049)

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Unforeseen Contingencies

Number of pages: 52 Posted: 18 Apr 2002
Nabil I. Al-Najjar, Luca Anderlini and Leonardo Felli
Northwestern University - Kellogg School of Management, Georgetown University - Department of Economics and University of Cambridge
Downloads 29 (1,062,093)
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Unforeseen contingencies, incomplete contracts, finite invariance, fine variability

26.

Costly Coasian Contracts

LSE STICERD Research Paper No. TE362
Number of pages: 58 Posted: 16 Jul 2008
Luca Anderlini and Leonardo Felli
Georgetown University - Department of Economics and University of Cambridge
Downloads 78 (663,892)

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27.
Downloads 78 (663,892)
Citation 1

Courts of Law and Unforeseen Contingencies

LSE STICERD Research Paper No. TE447
Number of pages: 36 Posted: 16 Jul 2008
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 59 (785,256)

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Courts of Law and Unforeseen Contingencies

Number of pages: 34 Posted: 14 Jun 2001
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 19 (1,192,144)
Citation 1
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Optimal courts, unforeseen contingencies, risk, incentives

Courts of Law and Unforeseen Contingencies

The Journal of Law, Economics, & Organization, Vol. 23, Issue 3, pp. 662-684, 2007
Posted: 23 Jun 2008
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics

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28.

Child-Adoption Matching: Preferences for Gender and Race

NBER Working Paper No. w16444
Number of pages: 57 Posted: 12 Oct 2010 Last Revised: 08 Jun 2023
Washington University in St. Louis, Duke University, University of Cambridge and Princeton University
Downloads 76 (673,615)
Citation 2

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Relational Contracts and Trust in a High-Tech Industry

CESifo Working Paper No. 9362
Number of pages: 67 Posted: 28 Oct 2021
European University Institute - Economics Department (ECO), University of Cambridge, ARC Econ GmbH, University of Rome Tor Vergata and University of Mannheim - Department of Economics
Downloads 63 (758,701)
Citation 2

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relational contracts, hold-up, buyer-supplier contracts, bargaining power

Relational Contracts and Trust in a High-Tech Industry

CEPR Discussion Paper No. DP16653
Number of pages: 68 Posted: 09 Nov 2021
European University Institute - Economics Department (ECO), University of Cambridge, ARC Econ GmbH, University of Rome Tor Vergata and University of Mannheim - Department of Economics
Downloads 4 (1,359,792)
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bargaining power, Buyer-Supplier Contracts, hold-up, Relational Contracts

Trust, Investment and Competition: Theory and Evidence from German Car Manufacturers

CESifo Working Paper No. 7680
Number of pages: 59 Posted: 25 Jul 2019
European University Institute - Economics Department (ECO), University of Cambridge, ARC Econ GmbH, University of Rome Tor Vergata and University of Mannheim - Department of Economics
Downloads 63 (758,701)
Citation 2

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relational contracts, hold-up, buyer-supplier contracts, bargaining power

Trust, Investment and Competition: Theory and Evidence from German Car Manufacturers

CEPR Discussion Paper No. DP13750
Number of pages: 61 Posted: 30 May 2019
European University Institute - Economics Department (ECO), University of Cambridge, ARC Econ GmbH, University of Rome Tor Vergata and University of Mannheim - Department of Economics
Downloads 2 (1,371,305)
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bargaining power, Buyer-Supplier Contracts, hold-up, Relational Contracts

31.

Should Courts Always Enforce What Contracting Parties Write? this Paper Replaces Te/2003/464

LSE STICERD Research Paper No. TE510
Number of pages: 36 Posted: 16 Jul 2008
Luca Anderlini, Leonardo Felli and Andrew Postlewaite
Georgetown University - Department of Economics, University of Cambridge and University of Pennsylvania - Department of Economics
Downloads 46 (875,227)

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32.

Trust and Complexity in Vertical Relationships

CESifo Working Paper No. 11170
Number of pages: 68 Posted: 26 Jun 2024
European University Institute - Economics Department (ECO), University of Cambridge, ARC Econ GmbH, University of Rome Tor Vergata and University of Mannheim - Department of Economics
Downloads 32 (1,000,146)

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relational contracts, complexity, bargaining power, trust, high-tech industries

33.

How to Sell a (Bankrupt) Company?

Number of pages: 42 Posted: 31 Jul 2001
Francesca Cornelli and Leonardo Felli
London Business School and University of Cambridge
Downloads 28 (1,044,760)
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Bankruptcy, auctions, transfer of control, private benefits

34.

Preventing Collusion Through Discretion

CEPR Discussion Paper No. DP8302
Number of pages: 38 Posted: 28 Mar 2011
Leonardo Felli and Rafael Hortala-Vallve
University of Cambridge and London School of Economics & Political Science (LSE) - Department of Government
Downloads 4 (1,303,379)
Citation 1
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Collusion, Communication, Delegation, Hierarchies

35.

Relational Contracts, Competition and Innovation: Theory and Evidence from German Car Manufacturers

CEPR Discussion Paper No. DP12267
Number of pages: 62 Posted: 11 Sep 2017
European University Institute - Economics Department (ECO), University of Cambridge, ARC Econ GmbH, University of Rome Tor Vergata and University of Mannheim - Department of Economics
Downloads 3 (1,307,772)
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Competition, Hold-up Problem, Innovation, Management Practices, Procurement, Relational Contracts, Specific Investment, Supply Chains, Trust

36.

Costly Pretrial Agreements

CEPR Discussion Paper No. DP13074
Number of pages: 34 Posted: 31 Jul 2018
Luca Anderlini, Leonardo Felli and Giovanni Immordino
Georgetown University - Department of Economics, University of Cambridge and CSEF - University of Naples Federico II
Downloads 2 (1,312,634)
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Costly Negotiations, Court Litigation, Pretrial Agreements

37.

Revenue Efficiency and Change of Control: The Case of Bankruptcy

Rodney L. White Center for Financial Research, Working Paper No. 018-98
Posted: 19 Aug 1998
Francesca Cornelli and Leonardo Felli
London Business School and University of Cambridge

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38.

Learning, Wage Dynamics, and Firm-Specific Human Capital

JOURNAL OF POLITICAL ECONOMY, Vol. 104, No. 4, August 1996
Posted: 21 May 1998
Leonardo Felli and Christopher Harris
University of Cambridge and University of Cambridge - Department of Applied Economics

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39.

'Friendships' in Vertical Relations

Posted: 06 Nov 1996
Leonardo Felli and J. Miguel Villas-Boas
University of Cambridge and University of California, Berkeley

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