Catalogo dei Corsi di studio

CV Maria-Augusta Miceli

2006 - oggi Professore Aggregato in Economia Politica (settore SECS-P01A), Dipartimento di Economia e Diritto, Università di Roma "La Sapienza"
1993 - oggi Ricercatore confermato in Economia Politica (settore SECS-P01A), Dipartimento di Economia e Diritto, Università di Roma "La Sapienza"

Studi

1993-1995 Postdoc - Harvard University, Visiting and Teaching Fellow, Dept. of Economics, Economic Theory and Finance.
1989 Ph.D. - Univ. Di Roma Rome "La Sapienza", Dept. of Economics, Economic Theory.
1985 M.Phil.- Cambridge Univ, U.K. Mathematical Economics and Econometrics .
1984 Laurea (B.A.) - Univ. di Roma "La Sapienza", Facoltà di Scienze Statistiche.

Altri titoli

Dec 2013 Learning by Data - Prof. Y. Moustafa Caltech (edX)
Dec 2013 Social Network Analysis Prof. L. Adamich U. Michigan (Coursera)
June 2012 Probabilistic Graphical Models. Prof. D. Koller 81.3/100.
Dec 2011 Machine Learning (adv. track) Prof. A. NG. Programming: 786/800.
Artificial Intelligence (adv. track). Prof. P. Norvig and Prof. S. Thrun.
June 2011 Netlogo School: Agent based Social and Economic Network Simulation: design, coding and analysis. Roma, ISTC Lab, CNR.
2008 - 2010 CNAM, Paris, Statistical Modelling , Econometrics of Finance (A. Monfort).

Attività Didattica

Professore Aggregato - Università di Roma La Sapienza - Facoltà di Economia.

2012 - Advanced Industrial Economics and Policy, CdL Specialistica, Roma.
2009 - Economia dell Organizzazione Industriale, Roma.
2004 - 2009 Microeconomia e "Macroeconomia", Università di Roma La Sapienza , Sede di Roma.
2001 - 2004 "Microeconomia", Università di Roma La Sapienza , Polo di Civitavecchia.
1995-2000 Cicli di lezioni al Dottorato: Incertezza e Informazione, Teoria dei Giochi e dei Contratti, Equilibrio Generale, Mercati Incompleti, Teoria della Finanza.
2001 - 2002 Dipartimento di Scienze dell'Informazione
Modulo di "Fondamenti di macroeconomia ed economia industriale" presso i Masters di "Gestione e marketing di imprese e-services", Gestione e marketing di imprese di televisione digitale", "Gestione e progettazione per l'editoria e la comunicazione multimediale".
Facoltà di Ingegneria
2000 - 2001 Corso di laurea: Ambiente e Territorio: Istituzioni di Economia .
1997 - 2000 Corso di laurea: Ingegneria Aerospaziale: Istituzioni di Economia .

ENSAE, Paris
2010-2011 Tutor: Groupes de Statistique Appliquée. Subject : « Learning and Forecasting»
2009-2010 Tutor: Groupes de Statistique Appliquée. Subject : « Correlated VaR: computation, estimation and regulation »

Università di Cassino.
1998 - 1999 Economia Industriale e Microeconomia .
1996 - 1997 Microeconomia .

Harvard University
1993 - 1995 Visiting and Teaching Fellow, Department of Economics.
· Corsi insegnati:
1995 Spring. "Asset and Derivatives Pricing (undergraduate course), Econ #970.
1995 Spring "Econometrics" (graduate course) Econ #2140A, T.A. del Prof. D. Jorgenson.
1994 Spring "Contracting under imperfect information" (undergraduate course), #970.

Referee: Quantitative Finance, MIUR, JASSS.
Editorial Board: International Journal of Computational Economics and Econometrics (IJCEE)

Attività Professionale

Oct. 2004- Giu 2007 CFM , Paris, France (www.cfm.fr)
Ricercatore (economist) part-time.
Introduzione delle news macroeconomiche nelle strategie di asset allocations.

2001-2002 ISAE.
Collaborazione coordinata e continuativa sul progetto "Microsimulazione dei provvedimenti di Finanza Pubblica sulle Imprese".

Ministero Del Tesoro
1998 - 2000 Membro dell Unità di valutazione delle politiche economiche , coord. prof. V. Grilli,
Direzione Generale del Tesoro.
· Lavori preparatori Dpef
· Aree di monitoraggio: microeconomia e finanza. In particolare:
(i) processo di liberalizzazione dei mercati ( utilities );
(ii) rischi e rimedi alle crisi finanziarie internazionali;
(iii) new economy : monitoraggio, lavori preparatori per le riunioni nazionali e internazionali, definizione degli incentivi per facilitare lo sviluppo della tecnologia digitale in Italia.

1990 - 1992 Membro del Consiglio degli Esperti , DGT.
· Aree di monitoraggio: debito pubblico e debito estero.
· Ha fatto parte del Comitato di Politica Economica della CEE, Bruxelles.

Pubblicazioni

· Google Scholar Page: http://scholar.google.com/citations?user=JJf5iK0AAAAJ
· SSRN Author page: http://ssrn.com/author=1752757

Papers con Peer-Review

Miceli, M.A. (2014) Lezioni di Economia Industriale (Lectures of Industrial Organization), forthcoming February 2014. It will have the following papers as chapters:

Miceli, M.A. (2013) Offerta e Rendimenti di Scala in Concorrenza Perfetta (Supply and Returns to Scale under Perfect Competition), SSRN Microeconomics: Production, Market Structure & Pricing eJournal Vol. 5, No. 46: Apr 2, 2013. http://dx.doi.org/10.2139/ssrn.2236131.

Miceli, M.A. (2013) Monopolio, Monopsonio e Rendimenti di Scala (Monopoly, Monopsony and Returns to Scale), SSRN Microeconomics: Production, Market Structure & Pricing eJournal. Vol. 5, No. 31: Apr 10, 2013. http://dx.doi.org/10.2139/ssrn.2240242.

Miceli, M.A. (2013) Discriminazione di prezzo in Monopolio e Bundling (Monopolistic Price Discrimination and Bundling), SSRN Microeconomics: Production, Market Structure & Pricing eJournal, Vol. 5, No. 53: Apr 11, 2013. http://dx.doi.org/10.2139/ssrn.2242595.

Miceli, M.A. (2013) Cenni di Teoria dei Giochi (Elements of Game Theory), SSRN Game Theory & Bargaining Theory eJournal Vol. 5, No. 34: May 1, 2013. http://dx.doi.org/10.2139/ssrn.2248571.

Miceli, M.A. (2013) Elementi di Teoria dei Contratti (Elements of Contract Theory), SSRN Microeconomics: Asymmetric & Private Information eJournal Vol. 4, No. 36: Apr 1, 2013. http://dx.doi.org/10.2139/ssrn.2238340 .

Miceli, M.A. (2013) Single Crossing Property, SSRN Microeconomics: Asymmetric & Private Information eJournal. Vol. 4, No. 41: Apr 17, 2013. http://dx.doi.org/10.2139/ssrn.2246181.

Miceli, M.A. (2013) Oligopolio con Bene Omogeneo (Oligopoly: Homogeneous Goods) SSRN, Industrial Organization: Theory eJournal, Vol. 5, No. 37: Apr 16, 2013. http://dx.doi.org/10.2139/ssrn.2244573.

Miceli, M.A. (2013) Oligopolio con Beni Differenziati (Oligopoly with differentiated goods) SSRN, Microeconomics: Production, Market Structure & Pricing eJournal, Vol. 5, No. 62: Apr 26, 2013. http://dx.doi.org/10.2139/ssrn.2252992 .

Miceli, M.A. (2013) Note sulla Differenziazione Orizzontale (Lecture Notes on Horizontal Differentiation), SSRN: Industrial Organization: Theory eJournal, Vol. 5, No. 42: May 1, 2013. http://dx.doi.org/10.2139/ssrn.2253236

Miceli, M.A. (2013) Note sulla Differenziazione Verticale (Lecture Notes on Vertical Differentiation) SSRN Marketing Science eJournal, Vol. 6, No. 18: May 17, 2013. http://dx.doi.org/10.2139/ssrn.2257278.

Miceli, M.A. (2013) Fusioni orizzontali (Horizontal Mergers) SSRN Econometric Modeling: Corporate Finance & Governance eJournal Vol. 2, No. 67: May 16, 2013. http://dx.doi.org/10.2139/ssrn.2261153.

Miceli, M.A. (2013) Integrazione e Controllo Verticale (Integration and Vertical Control) SSRN Industrial Organization: Regulation, Antitrust & Privatization eJournal. Vol. 5, No. 82: May 14, 2013. http://dx.doi.org/10.2139/ssrn.2259590.

Miceli, M.A. (2013) Integrazione e Preclusione (Integration and Foreclosure), Industrial Organization: Firm Structure, Purpose, Organization & Contracting eJournal. Vol. 5, No. 45: May 20, 2013. http://dx.doi.org/10.2139/ssrn.2261170

Miceli, M.A. (2013) Barriere all'entrata: come calcolarle (Entry Barriers: How to Compute Them), SSRN Industrial Organization: Theory eJournal. Vol. 5, No. 52: May 23, 2013. http://dx.doi.org/10.2139/ssrn.2263730.

Miceli, M.A. (2013) Innovazione e Brevetti (Lecture on Innovation and Patents), SSRN Industrial Organization: Productivity, Innovation & Technology eJournal. Vol. 5, No. 89: May 28, 2013. http://dx.doi.org/10.2139/ssrn.2267117.

Miceli, M.A. (2013) Pubblicità (Lecture Notes on Advertising) SSRN Microeconomics: Production, Market Structure & Pricing eJournal, Vol. 5, No. 69: May 7, 2013. http://dx.doi.org/10.2139/ssrn.2257609 .

Miceli, M.A. (2012) Economia delle Reti e degli Standards (Economics of Networks), mimeo, U. Roma Sapienza, http://w3.uniroma1.it/miceli/Corsi-web/Miceli_EOI_Web/reti.pdf.

Miceli, M.A., Cecconi, F.& G. Cerulli (2013) Walrasian Tatônnement by Pairwise Trading: Convergence and Welfare Implications , WP Department of Economics and Law, U. Rome Sapienza. Also available at SSRN http://dx.doi.org/10.2139/ssrn.2201955.

Bouchaud, J.P., L. Laloux, M. A. Miceli and M. Potters (2007) Large dimension forecasting models and random singular value spectra, The European Physical Journal B 55 2 201-207. Also available on http://lanl.arxiv.org/PS_cache/physics/pdf/0512/0512090v1.pdf .

Miceli, M.A. and G. Susinno (2004) "Ultrametricity in fund of funds diversification", Physica A, December, 344: 95-99. Also available on http://arxiv.org/abs/cond-mat/0312312 .

Miceli, M.A. and G. Susinno (2003) "Using Trees to grow Money", RISK Magazine, November, http://www.risk.net/risk-magazine/feature/1526284/using-trees-grow-money.

Miceli, M.A. & G. Susinno (2003) Gli alberi per selezionare i fondi, RISK Italia, November, RISK Germany, January. ISSN: 0952-8776.

Miceli, M.A. & A. Pezzoli (2001) Modalità di affidamento del servizio pubblico televisivo: effetti sul canone e sull'efficienza del mercato della raccolta pubblicitaria. Società Italiana degli Economisti (SIE), 42nd Annual Meeting, Rome, 25-27 oct. 2001. Available at SSRN: http://dx.doi.org/10.2139/ssrn.2372964.

Miceli, M.A. (2001) "Condizioni di no-free-riding in relazione alla tecnologia", Conference: Società Italiana di Economia Pubblica - XIII Riunione Scientifica "Stato o Mercato? Intervento Pubblico e architettura dei mercati" Univ. di Pavia, Oct. 5-6 2001.

Miceli, M.A. & S. Mancinelli (2001) Irrelevance of Profit Sharing in the Principal Agent Model, WP n.46 2001, Dept. of Public Economics, University of Rome La Sapienza . http://www.dipecodir.it/upload/wp/pdf/wp46.pdf

Miceli, M.A. & S. Mancinelli (2001) Partecipazione economica e partecipazione organizzativa nel modello di principale e agente in G. Cainelli, R. Fabbri e P. Pini Meccanismi retributivi premianti: teorie, metodologie, analisi , Franco Angeli, 2000.

Miceli, M.A. & S. Mancinelli (2000) Profit and Decision Sharing in a Principal Agent Model, WP, University of Ferrara, n.6/2000, April 2000, http://www2.econ.univpm.it/ricerca/convegni/aiel/mancinel.pdf.

Caravani P. & M.A. Miceli (1992) A Game Theoretic Regulation to Oligopoly, (1992), with P. Caravani in Dynamic Optimal Control and Economic Applications, ed. Feuchtinger, North Holland.

Miceli, M.A. (1992) Analisi della Procedura Rimborsi IVA (Analysis on the V.A.T. Reimbursement Procedure), in Public Procedures: cases, comparisons and methodologies, V. Lo Moro ed., Il Mulino.

Miceli, M.A. (1992) "Analisi della Procedura di 'Temporanea Esportazione'" (Analysis of the 'Temporary Export' Procedure) in Public Procedures: cases, comparisons and methodologies, V. Lo Moro ed., Il Mulino.

Miceli, M.A. (1991) "State Aids and Competition Distortions", Ministry of Treasury, Istituto Poligrafico e Zecca dello Stato.

Traduzioni

Stiglitz, J.E. & Walsh, C. E. (2005) Principi di microeconomia: efficienza e mercati imperfetti, HOEPLI Ed. (Translation to italian: M.A. Miceli). Original: Stiglitz, J. E., & Walsh, C. E. (2002). Principles of microeconomics. New York: Norton.

Working Papers and Books

Miceli, M.A., F. Cecconi and G. Cerulli (2013) Does Initial Mispricing imply Equilibrium Price Overreaction and Wealth Divide?, SSRN: Microeconomics: General Equilibrium & Disequilibrium Models Of Financial Markets eJournal, Vol. 4, No. 36: May 31, 2013. http://dx.doi.org/10.2139/ssrn.2267571.

Miceli, M.A. & L. Muchnik (2004) Bad Rules and Crashes: Stop-Loss Rule, mimeo, Dept. of Physics, U. Rome Sapienza.

Miceli, M.A. (2002) Dispense di Macroeconomia (Lectures on Macroeconomics), mimeo, Faculty of Economics, Univ. of Rome Sapienza.

Miceli, M.A. (2002) Cost of capital relative to firm financial structure under taxation, ISAE, mimeo, May 2002.

Miceli, M.A. (2000) Issues on Corporate Finance, mimeo, Faculty of Engineering, Rome Univ. Sapienza.

Miceli, M.A. (2000) Lectures on Advanced Microeconomics (1998), mimeo, Faculty of Engineering, Rome Univ. Sapienza.

Miceli, M.A. (2000) Internet Economics and Internet Economy, April 2000, mimeo, Ministry of Treasury.

Miceli, M.A. (1999) Can Capital Controls reduce International Financial Crises? , April 1999, mimeo, Ministry of Treasury.

Miceli, M.A. (1998) Dispense di Microeconomia , (Lectures on Microeconomics), mimeo, Faculty of Economics, Univ. of Rome Sapienza.

Miceli, M.A. (1998) Esercizi di Microeconomia, mimeo, Faculty of Engineering, University of Rome La Sapienza .

Miceli, M.A. (1995) Does Government Insolvency Imply Speculative Attacks? mimeo, September. Available at SSRN http://dx.doi.org/10.2139/ssrn.2255752 .

Miceli, M.A. (1995) Notes on Asset and Derivative Pricing, mimeo, Harvard University.

Miceli, M.A. (1995) Subsidies: Net Social Welfare or Net Social Burden" (1992), mimeo.

Giavazzi, F. & M.A. Miceli (1993) When are fiscal contractions expansionary? WP, Expert Council, Ministry of Treasury, Rome, Italy.

Caravani, P. & Miceli, M.A. (1990) Can Cournot-Nash Equilibrium be worse than a Cournot Cooperative one?, Department of Mathematics, mimeo, Univ. of Rome Sapienza.

Miceli, M.A. (1989) Increasing Returns to Scale and General Equilibrium: a Three Goods Competitive Model, mimeo, Department of Public Economics, Univ. of Rome Sapienza.

Miceli, M.A. (1989) Increasing Returns to Scale and General Non Competitive Equilibrium: a Three Good Model, mimeo, Department of Public Economics, Univ. of Rome Sapienza.

Miceli, M.A. (1989) Rendimenti di Scala Crescenti ed Equilibrio Generale, PhD Thesis, mimeo, Department of Public Economics, Univ. of Rome Sapienza.

Miceli, M.A. (1985) Different Sources of Risk in the Foreign Exchange Markets (1985), mimeo, University of Cambridge (U.K.).

Principali conferenze e seminari

Pairwise Trading: Implications on Price Overreactions and Income Distribution
· International Workshop on Computational Economics and Econometrics (IWcee13), Department of Economics and Law, Sapienza, July 12-13, 2013.

Pairwise exchange implications on welfare:
· Micro-foundations and Systemic Impacts Workshop, NESS, Conero (Ancona) September 27-29, 2012
· Workshop on Economic Heterogeneous Interacting Agents (WEHIA) 2012, Paris.

Correlated VaR and Latent Risk Factor,
· Quantitative Asset & Risk Management 2010, 8-9 febbraio 2010, Milano.
· Seminar, Faculty of Economics, University of Rome Sapienza.

SVD and LS, Stats in the Château, HEC, Jouy-en-Josas, Paris, August 31 - Sept 4, 2009
https://studies2.hec.fr/jahia/Jahia/lang/en/statsinthechateau/pid/3439 .

Bad and stop Rules crashes: stop-loss rule,
· Dept Physics, Univ. Rome Sapienza, April 11, 2004.

Ultrametricity in Hedge Fund Selection and Fund of Funds Diversification,
· Application of Physics in Financial Analysis 4 (APFA4), Warsaw 13-15 November 2003.

Modalità di affidamento del servizio pubblico televisivo: effetti sul canone e sull'efficienza del mercato della raccolta pubblicitaria
· Italian Economic Society - 42a Annual Meeting - Roma, 25-27 ott. 2001.

Condizioni di no-free-riding in relazione alla tecnologia:
· Società Italiana di Economia Pubblica - XIII Riunione Scientifica "Stato o Mercato? Intervento Pubblico e architettura dei mercati" Univ. di Pavia, 5-6 Ott. 2001.
· seminario Univ. Roma "La Sapienza", Dip. Ec. Pubblica", 15/2/2001

Internet Economics and the Internet Economy ,
· Workshop MURST "Infrastrutture istituzionali e sistemi tecnologici: nuova economia, crescita e sistemi locali di produzione", Lecce, 20/1/2001.
· Ministero del Tesoro, Roma, 5/4/2000

"Cooperatives: setting-up the problem",
· Workshop MURST "Infrastrutture istituzionali e sistemi tecnologici: nuova economia, crescita e sistemi locali di produzione", Lecce 19-20 gen. 2001.
· XV Annual Conference, Italian Labour Economists Association (AIEL), Ancona 28-29/9/2000.

Profit and Decision Sharing in a Principal-Agent Model",
· Workshop Sussidiarietà, territorio e livelli di governo, Milano, Università Cattolica del Sacro Cuore, 26/5/2000, MURST ex 40%.
· Workshop TSER Group "Full Employment for Europe" on Flexible Labor, Participation and Firm Performance, Delft (NL), 30-31/3/2000.

Can Capital Controls reduce International Financial Crises? , Ministero del Tesoro, Roma, 19/4/99.

Derivatives: Theory, Practice and Regulation Università di Urbino, nov. 1995.

Does Government Insolvency imply Speculative Attacks? , http://dx.doi.org/10.2139/ssrn.2255752.
· International Economics Seminars, MIT, Cambridge, Mass, 13/5/95.

"A Game Theoretic Regulation to Oligopoly", with P. Caravani,
· Fourth Viennese Workshop on Dynamic Economic Models and Optimal Control, "Institute for Econometric Operational Research and System Theory", University of Wien, 18/7/91.
· Annual Meeting of the Society of Economic Dynamics and Control, 20-24/6/91, Italy.

Progetti Approvati

2013 Policy Multipliers over Firm Networks. Progetto di Ateneo Sapienza.

2005-2008 European Union Research Projects NEST:
STARFLAG. Starlings in flight: understanding patterns of animal group movements. Consortium lead by Prof. G. Parisi INFM Roma,
CO3: Common Complex Collective Phenomena in Statistical Mechanics, Society, Economics, and Biology. Consortium lead by Prof. S. Solomon Fondazione ISI Torino. Miceli leader for Uniroma1.
GIACS: General Integration of the Applications of Complexity in Science. Consortium lead by Prof. S. Solomon Fondazione ISI Torino. Miceli leader for Uniroma1.

2006 Collapsing Information out of Large Sample Data, MIUR.
2005 Impact of lower frequency data on higher frequency ones, MIUR.
2004 Herding" and "Fat tails: Analysis and Regulation.
2003 Likelihood in standard financial models, MIUR.
2002 Book value versus "mark-to-market" pricing: value implications on pricing, optimal portfolio strategies and insurance, MIUR.
2001 Definition and implementation of public TV service, MIUR.
2000 Partner of Quantitative Financial Group , on Asset and Derivative Management , sponsored by Dept of Mathematical Methods and Models for Applied Sciences (Faculty of Engineering, U. of Rome Sapienza ) and Westland Securities.
2000 Collusive contracts immune from free-riding, MURST, coordinator.
2000 Output or Participation Incentives: Theoretical and Empirical Analysis for Italy. MURST 40%.
1999 - 2000 Remedies to International Financial Crises, MURST, coordinator.
1997 - present Asset pricing in dynamic models with asymmetric information, coordinator.
1993 - 1995 Endogenous Growth and Public Debt, Murst 60%, coord. prof. Tosato.

Temi di ricerca corrente

§ Statistica: Problemi di inversione e sintesi delle grandi basi dati.
§ Statistica ed Econometria della Finanza: Effetti delle covarianze nei modelli di learning.
§ Organizzazione Industriale: Internet pricing sulle piattaforme mobile; Moltiplicatore delle politiche economiche e processi di diffusion sulle reti.