Ricerc@Sapienza

This study contributes to the existing literature on tourism market segmentation by providing a new matching-clustering procedure that allows patterns of behaviours to be identified using repeated cross-sectional surveys. By extracting equivalent samples over time, the matching method allows inter-temporal cluster analyses to be performed so that a deeper insight into a phenomenon can be obtained beyond the traditional aggregate level of understanding.

This paper investigates the association between environmental, social, and governance (ESG) disclosure and company profitability, as measured by return on assets (ROA). We first assess a method to indexing the ESG score of a large sample of U.S. listed companies based on MSCI ESG KLD STATS data from 2000 to 2016. The statistical model is run on 17,358 observations and studies the association of ROA and the three different dimensions of ESG score. Significant differences between industrial firms and financial intermediaries emerge.

We used dual electroencephalography (EEG) to measure brain activity simultaneously in pairs of trustors and trustees playing a 15-round trust game framed as a “trust game” versus a “power game”. Four major findings resulted: first, earnings in each round were higher in the trust than in the power game. Second, in the trust game, reaction time for strategic deliberations was significantly longer for the trustee than the trustor. In the power game, however, the trustee took longer to think about how much money to repay, whereas the trustor took longer to think about how much money to invest.

This numerical study investigated the effects of a vegetation patch on the flow of a channel. The numerical approach consisted of a CFD, 3-D model that applied the RANS equations to simulate the flow field, and the VOF model to represent the free surface. The patch altered the initial flow by inducing regions of reduced velocity in the patch wake (approximately 40% reduction), and regions of enhanced velocity around of the patch (approximately 16% increase), and these regions extended throughout the water depth.