21st Annual SIDE Conference

A1: Antitrust and Competition Law I — Aula 1

Chair: Stefano Colombo

• When Attention Fails: How Marketplaces are Transforming Digital Advertising
  Svetlana Bovt (National Research University Higher School of Economics)
• An Economic Analysis of Constitutional Breakdown
  Massimiliano Marletta (University of Catania)
• Poaching in collusion
  Stefano Colombo (Università Cattolica del Sacro Cuore); Aldo Pignataro (ARERA)

A2: Contracts — Aula 2

Chair: Fernando Gomez

• Material change in circumstance, force majeure, and impossibility. A comparative law and economics evaluation of the impact of recent shocks on private contracting.
  Paul Aubrecht (University of Passau ); Simon Karsunke (University of Passau )
• Contracting-Out vs. In-House Providing: An Application of the Theory of Incomplete Contracts to the Italian Public Procurement Law
  carlo carrera (MILAN)
• Legal Remedies, Non-Conformities in Consumer Sales, and Vertical Differentiation
  Fernando Gomez (Pompeu Fabra Barcelona); Juan-Jose Ganuza (Pompeu Fabra Barcelona); Adrian Segura (Pompeu Fabra Barcelona)

A3: Environmental Law — Aula 5

Chair: Sera Lorenzini

• When Green Turns Costly: The Fiscal Fallout of EU Waste Management Funds in Italian Municipalities
  Claudia Cantabene (of Campania L. Vanvitelli); Anna Laura Baraldi (of Campania L. Vanvitelli); Alessandro de Iudicibus (of Campania L. Vanvitelli); Giovanni Fosco (Suor Orsola Benincasa); Iacopo Grassi (of Naples Federico II)
• Carbon Pricing and Regional Innovation: An EU-ETS Assessment at the NUTS‑2 Level
  Maurizio Lisciandra (Università di Roma LUMSA); Naomi Fagni (Università di Roma LUMSA)
• Multi-stakeholder conflicts, subjective games, and new prospects for cooperation and new institutional arrangements in the Great Bear Rainforest
  Sara Lorenzini (University of Trento); Virginia Cecchini Manara (University of Milan)

A4: Corporate Governance — Aula 6

Chair: Lorenzo Sacconi

• Institutional Investors and the Job Market: Do Firms Reduce Hiring Under Pressure?
  María Gutiérrez Urtiaga (Universidad Carlos III de Madrid); Julia Kuznetsova (Universidad Carlos III de Madrid); Encarna Guillamón (Universidad Carlos III de Madrid)
• Corporate Purpose and Commitment Issues
  Fatjon Kaja (University of Amsterdam)
• Stakeholders’ capabilities-as-entitlements: Sen’s capability approach and the new foundation of corporate governance
  Lorenzo Sacconi (Università di Milano, Statale); Massmiliano Vatiero (Università di Trento); Magalì Fia (Università di Bologna )

B1: Theory of the Firm — Aula 1

Chair: Rafael González-Val

• Do Special Economic Zones Boost Employment? Evidence from a Meta-Analysis
  Paolo Mustica (University of Messina); Michele Limosani (University of Messina); Emanuele Millemaci (University of Messina); Fabio Monteforte (University of Messina)
• Firms’ Location Decisions and the Catalan Secessionist Conflict
  Rafael González-Val (Universidad de Zaragoza)
• Does bankruptcy reform affect the length of legal disputes? Empirical evidence from District Courts
  Paolo Lorenzo Ferrara (Università di Catania); Giuseppe Di Vita (Università di Catania); Alessandra Patti (Università di Catania)

B2: Criminal Law I — Aula 5

Chair: Lukasz Wieclawski

• Retroactivity in Criminal Law
  Gabriel Doménech-Pascual (University of Valencia); Fernando Peinado (Universidad Autónoma de Madrid)
• How Much Algorithm is Too Much? Modeling Judicial Efficiency under Constraints
  Salvatore Spagano (University of Catania); Maurizio Caserta (University of Catania); Massimiliano Marletta (University of Catania)
• Day Fines in the Lens of the Rational Choice Approach: Actors, Incentives, and Strategic Interactions
  Lukasz Wieclawski (Erasmus University Rotterdam)

B3: Law and Finance I — Aula 6

Chair: Roberto Ippoliti

• Who Bears the Liquidity Risk? Comparative Analysis of Bank Liquidity Supports to Non-Bank Financial Institutions
  Xinyue Chen (University of Amsterdam)
• European regulatory private law and sustainable development
  Agnese Colucci (Università degli Studi di Roma "Tor Vergata")
• Legal uncertainty and the cost of capital for SMEs: new insights from the Italian manufacturing industry
  Roberto Ippoliti (Università del Piemonte Orientale); Giovanni Ramello (Università di Torino); Greta Falavigna (IRCrES-CNR)

B4: Economics of Social Norms — Aula 8

Chair: Giorgia Mannaioli

• Measuring the Unwritten: A Framework for Property Rights in Urban Informal Settlements
  Virginia Cecchini Manara (Università di Milano); Martina Manara (University College London); Marco Faillo (Università di Trento)
• Informal Institutions, Networks, and the Rule of Law: An Endogenous System
  Elisa Flori (University of Trento); Nadia von Jacobi (University of Trento); Marco Faillo (University of Trento); Sara Lorenzini (University of Trento); Massimiliano Vatiero (University of Trento); Stefan Voigt (University of Hamburg)

C1: Law and Finance II — Aula 1

Chair: Selçukhan Ünekbaş

• A Market for Limes – The Information View on Green Banking Regulation
  Edoardo Martino (University of Amsterdam); Katarzyna Parchimowicz (University of Wroclaw)
• A Comparative Analysis of Startup Equity Compensation: Does Law Matter?
  Casimiro A Nigro (University of Leeds, Law School); Yifat Aran (University of Haifa)
• Beyond Rivalry: Expanding the Incentive Framework for Innovation
  Selçukhan Ünekbaş (European University Institute)

C2: Antitrust and Competition Law III — Aula 2

Chair: Grant Stirling

• The Law and Economics of Art. 5(2) DMA: The Case of Meta
  Karsten K. Zolna (Philipps-Universität Marburg)
• How best to ensure the effective application of EU competition law to the professional sports sector
  Grant Stirling (Edinburgh Napier University)
• Outsourcing of Banking Services and economic dependence on Third Party Providers1
  Francesca Altamura (Università di Bari)

C3: Criminal Law II — Aula 5

Chair: Anna Rita Germani

• The Silent Stranglehold: Quantifying Organized Crime’s Chilling Effect on Firm Efficiency and R&D
  Carlo Migliardo (Università degli Studi di Messina); Antonio Fabio Forgione (Università degli Studi di Messina); Marco Spadaro (Università degli Studi di Messina)
• Does income inequality affect illegal construction in Italy? Evidence from regional data
  Anna Rita Germani (Sapienza University of Rome); Angelo Castaldo (Sapienza University of Rome); Alan Ker (Michigan State University )
• The Mafia’s Economic Grip: Firm Efficiency and a Composite Indicator of Organized Crime
  Antonio Fabio Forgione (University of Messina); Carlo Migliardo (University of Messina)

C4: Experimental Law — Aula 6

Chair: Marco Faillo

• Fool Me if You Want: A Laboratory Experiment on Greenwashing and Enforcement
  Giorgio Dini (Università di Bologna)
• Normative inference and ethical conservatism: evidence from a survey experiment
  Marco Faillo (University of Trento); Cristina Bicchieri (University of Pennsylvania ); Katarína Čellárová (Faculty of Law, Charles University, Prague, Czech Republic); Laura Marcon (Institute of Cognitive Sciences and Technologies (ISTC-CNR), Rome, Italy)

C5: Cyber Law — Aula 8

Chair: Umberto Nizza

• Large Language Models, IP Infringement, and the Cost of Doing Business Across Borders: A Multidisciplinary approach for the use of copyright protected material in the market for artificial intelligence development.
  Paul Aubrecht (University of Passau ); Steffen Herbold (University of Passau ); Anamaria Mojica Hanke (University of Passau )
• GREEN RHETORIC, GREY REALITY: ALGORITHMIC DETECTION AND ESG OVERSIGHT IN FINANCIAL MARKETS
  Umberto Nizza (University of Torino & Stanford University)
• AI generated works or ‘computer-generated works’: a critique of Hong Kong’s proposed approach on copyright law to harness AI opportunities
  Jojo YC Mo (Baptist University Hong Kong)

D1: Philosophical and Methodological Foundations of Law — Aula 1

Chair: Alessandro Tacconelli

• The Multi-Layered Framework of Economic Goods – An Extended Economic Goods Framework Incorporating Property Rules, Liability Rules, and Externalities
  Tabea Krauss (Erasmus University Rotterdam)
• Constructing “Green” and its Affective Framing in European Mortgage Markets
  Angelika Kaczmarek (Università di Genova); Giorgia Mannaioli (Università di Genova); Alessio Sardo (Genova)
• The Rise of Machine Criminology: Towards a Theory of Criminal Behavior in AI Agents
  Alessandro Tacconelli (ETH Zurich)

D2: Public Choice — Aula 2

Chair: Antonio Scarpino

• POLITICAL PARTICIPATION AS MUTUAL ADVANTAGE
  Adriano Giuliani (LUMSA University); Giorgia Lucchini (Fondazione Luigi Einaudi)
• Economic Democracy at Work: The Law and Economics of Co-Determination in Germany
  Antonio Scarpino (University of Turin)
• Measuring the Economic Credibility of States - Challenges Illustrated by the Rule of Law Dimension
  Bartłomiej Biga (Cracow University of Economics)

D3: International Law — Aula 5

Chair: Robert Rhee

• A Theory of Calibrated Fiduciary Duties
  Robert Rhee (University of Florida Levin College of Law)
• Digital Trade, Data Protection and the EU Adequacy Club
  Bernard Hoekman (European University Institute & CEPR); Filippo Santi (Università di Bologna); Martina Ferracane (Teesside University, European University Institute & LSE); Erik van der Marel (ULB)
• Comparative Advantage and the Design of International Agreements: A Law and Economics Perspective on Treaties as Contracts
  Massimiliano Marletta (University of Catania); Gaia Taiani (University of Catania)

D4: Litigation Process and Law Enforcement — Aula 6

Chair: Paul Aubrecht

• Private Information in Two-Dimensions: The Case of Malicious Plaintiffs
  Shay Lavie (Tel Aviv University); Brishti Guha (Jawaharlal Nehru University)
• Online Courts and the Expansion of Litigation
  Huabing Li (University of Hamburg, University of Bologna, and Erasmus University Rotterdam)
• Excessive precautions, risk aversion, and the costs of accidents.
  Paul Aubrecht (University of Passau ); Joerg Fedtke (University of Passau )

D5: Torts — Aula 8

Chair: Luigi Alberto Franzoni

• Explainability matters: The effect of liability rules on the healthcare sector
  Andrea Bertolini (Scuola Superiore Sant'Anna); Gianmarco Mengaldo (National University of Singapore); Elena Verona (Università di Pisa); Jiawen Wei (National University of Singapore)
• The Economics of Evolutionary Programming
  Barbara luppi (University of Modena and Reggio Emilia); Francesco Parisi (University of Minnesota)
• Effcient liability law with costly insurance
  Luigi Alberto Franzoni (University of Bologna)

E1: Administrative Law and Regulated Industries I — Aula 1

Chair: Antonio Massarutto

• The Costs of the Green Transition for SMEs: An Empirical Law & Economics Analysis of Greenwashing and Sustainability Certifications in Piedmont
  nadia coggiola (Torino); Enrico Battisti (Torino); Maria Di Sarli (Torino); Chiara Giachino (Torino); Giulia Lippi (Torino); Riccardo Serafin (Torino); Luca Vernero (Torino); Enrica Vesce (Torino)
• Is independent regulation needed in the municipal waste management industry? Evidence from the early experience of ARERA in Italy
  Antonio Massarutto (University of Udine)
• The Planning Game. Inclusion and Coordination in the Governance of Urban Regeneration Projects.
  Eleonora Gregori Ferri (Università degli Studi di Milano)

E2: Philosophical and Methodological Foundations of Law — Aula 2

Chair: Peter Cserne

• Jürgen von Kempski as Philosopher of Law and Economics
  Peter Cserne (University of Aberdeen)
• Behavioural Insights in Criminal Law: Global Trends, Normative Challenges, and Emerging Frontiers
  Silvia Zorzetto (Milan)
• REMOTE CONTROL. ON PRECOMMITMENT AND CONSTITUTIONS
  Giovanni Tuzet (Bocconi)

E3: Health Law and Economics — Aula 1

Chair: Velizar Kirilov

• The Outer Limits of Non-Consensual Patent Use Regimes and their Implications for Competitive Follow-On Innovation in Pharmaceuticals: A Comparative Perspective on Europe and the United States
  Velizar Kirilov (European University Institute)
• The Downsides of Liability Reforms in Healthcare: a game theoretical model of defensive medicine
  Giacomo Maino (Università degli Studi di Milano)
• Defensive Medicine and Legal Risk: A Game-Theoretic Analysis of Physician and Patient Behavior
  Elena D'Agostino (University of Messina)

E4: Constitutional Law II — Aula 6

Chair: Fabio Padovano

• Economic consequences of respecting and violating constitutions revisited using a new set of indicators
  Katarzyna Metelska-Szaniawska (University of Warsaw); Anna Lewczuk (University of Warsaw); Tymoteusz Mętrak (University of Warsaw)
• Constitutional review of Acts of Parliament: the creation of a concentrated or a decentralized system for Netherlands
  Laura Nagy (Tilburg University)
• A THEORY OF THE CYCLICAL PRODUCTION OF LAWS AND DECREES
  Fabio Padovano (Università Roma Tre)

E5: Economics of Institutions — Aula 8

Chair: Karol Zdybel

• Cooperative Banks and Crime: A Provincial-Level Analysis
  Gianluca Cafiso (Università di Catania); Marco Ferdinando Martorana (Università di Catania)
• When Engagement Is (Almost) Marriage: A Preliminary Economic Analysis of the Law of Moses on Betrothal
  Nancy Wu (EDLE (University of Hamburg))
• Coexistence of Retribution and Compensation in Early Law
  Karol Zdybel (University of Hamburg)

F1: Intellectual Property — Aula 1

Chair: Ondřej Woznica

• Withdrawal of the Draft EU Regulation on Standard Essential Patents (SEPs) - a Missed Opportunity?
  VALERIO TORTI (Edinburgh Napier University)
• Fairness, consumer welfare and efficiency in digital copyright regulation: evidence from private ordering mechanisms under DSA and CDSM
  Ondřej Woznica (Masaryk University); Andrej Kristofik (Masaryk University); Matej Myska (Masaryk University)

F2: Litigation Process and Law Enforcement II — Aula 2

Chair: Shay Lavie

• The (ever-)evolving meaning of sustainability: climate litigation as a cost allocator tool
  Federico Riganti (University of Turin); Luca Vernero (University of Turin)
• From Court to Policy: The Spillover Feature of Climate Litigation
  Vittoria Iannuzzi (University of Turin)
• Information-Signaling in Pre-Trial Bargaining: An Experiment
  Shay Lavie (Tel Aviv University); Enya Turrini (Royal Holloway University of London); Alice Guerra (University of Bologna)

F3: Comparative Law I — Aula 5

Chair: Giuseppe Bellantuono

• Equity-Based Compensation in Start-Ups and Scale-Ups: A Comparative Regulatory Analysis of the USA, the UK, and Germany
  Moritz Tilgner (Erasmus University Rotterdam / Alma Mater Studiorum - Università di Bologna / University of Hamburg)
• Hunting and Using Causes in Law and Economics
  Giuseppe Bellantuono (Università degli studi di Trento)

F4: Law and Economics of non-egoistic motivations — Aula 6

Chair: Marta Nicolodi

• Conformity Preferences and the Rawlsian Sense of Justice: Modeling and Experimental Evidence on Belief-Dependent Norm Compliance
  Lorenzo Sacconi (Università di Milano, Statale); Virginia Cecchini Manara (University of Milan Statale ); Marco Faillo (Università di Trento )
• Theatre Between Market, State Policies, and Cooperation: Insights from Law and Economics
  Marta Nicolodi (University of Milan); Silvia Sacchetti (University of Trento)

F5: Philosophical and Methodological foundations of law and Economics — Aula 8

Chair: Giorgia Lucchini

• The soul of institutions. On Buchanan's "Afraid to be free"
  Paolo Silvestri (University of Catania)
• The Role of Social Norms in the Emergence of a Spontaneous Order
  Giorgia Lucchini (LUMSA)

G1: Administrative Law and Regulated Industries II — Aula 1

Chair: Roberta Lombardi

• Rights of Access to Institutional information, what are the costs of awarding rights to Humans AND Machines?
  Leonor Rossi (NovaSBE, Carcavelos,)
• The Economic Doctrine of Judges: Antitrust and Regulatory Lessons from the U.S. Supreme Court and the CJEU
  Kevin Armand LAURENT (EHESS/ENS Ulm/Paris Nanterre & Université Paris II Panthéon Assas)
• Procedural Use of Algorithms and Administrative Liability: Quid Iuris?
  Pietro Ambra (University of Messina)

G2: Behavioural Law — Aula 2

Chair: Ludovica Sposini

• Regulatory path dependence and compliance choices in European short-term rental apartments governance
  Allegra Grillo (Università di Genova); Alessio Sardo (Università di Genova); Angelika Kaczmarek (Università di Genova); Arnulfo Daniel Mateos Durán (Università di Genova)
• Behavioral Economics and Generative Artificial Intelligence in European Competition Law: Challenging Economic Models of Consumer Behavior
  Ludovica Sposini (Scuola Superiore Sant'Anna)
• Regulatory Information and Consumer Acceptance of Novel Foods: Evidence from a Survey Experiment (in Italy).
  Giacomo Degli Antoni (University of Parma); Luca Cattani (University of Parma); Marco Faillo (University of Trento)

G3: Comparative Law II — Aula 5

Chair: Paul Aubrecht

• Judicial ineffectiveness and its impact on economic (non)development
  Massimiliano Marletta (University of Catania); Sergio Dino (University of Rotterdam)
• Cryptogatekeepers as a Response to Conflicts in Decentralized Finance
  Vanessa Villanueva Collao (Bocconi University)
• AI Regulation: A Comparison of Centralized and Decentralized Approaches in Federal Systems.
  Paul Aubrecht (University of Passau ); Mitja Kovac (University of Ljubljana )

G4: Social Justice — Aula 6

Chair: Giulia Maria Servida

• Law 215/2012 and female voter turnout: Does Educational Distance Matter?
  Gaia Taiani (University of Catania)
• Business, Human Rights and Social Justice: The role of ESG in implementing the sustainable development goals
  Ana Ribeiro (Universidad de Salamanca)
• An economic perspective on regulating neurotechnologies
  Giulia Maria Servida (Università degli Studi di Milano)