Emanuela Carbonara

Emanuela Carbonara

Adjunct Professor of International Economics
International Economics

SAIS Europe


  • Economics
  • International Finance
  • Italian

Background and Education

Associate Professor of Public Economics and Public Finance, University of Bologna, and Director of 2nd Cycle Degree (2-Year Master) in Law and Economics, University of Bologna. Served as visiting professor at the University of Haifa and George Mason University; was previously a visiting fellow at the Amsterdam Center of Law & Economics of the University of Amsterdam and a research fellow at the University of East Anglia; a member of the Advisory Board of the European Association of Law and Economics and of the Board of Directors of the Italian Society of Law and Economics; PhD, economics, University of Oxford; PhD, economics, Luigi Bocconi University.

Publications: "Agency culture, constitutional provisions and entrepreneurship: a cross-country analysis," co-author, Industrial and Corporate Change (2018); "Social influence on third-party punishment: An experiment," co-author, Journal of Economic Psychology (2017); "Law and Social Norms," in Oxford Handbook of Law and Economics (2017); "Sharing Residual Liability: Cheapest Cost Avoider Revisited," co-author, Journal of Legal Studies (2016); "De Jure Determinants of New Firm Formation: How The Pillars of Constitutions Influence Entrepreneurship," co-author, Small Business Economics (2016); "Rent Seeking and Litigation: The Hidden Virtues of Limited Fee Shifting," co-author, Review of Law and Economics (2015); “Imperfect Substitutes for Perfect Complements: Solving the Anticommons Problem,” co-author, in Bulletin of Economic Research (2013); "Unjust Laws and Illegal Norms," co-author, in International Review of Law and Economics (2012); “Separating Complements: The Effects of Competition and Quality Leadership,” co-author, in The Journal of Economics (2011); “Social Dynamics and Minority Protection,” co-author, in International Review of Law and Economics (2010); “Self-Defeating Subsidiarity,” co-author, in Review of Law and Economics (2009); “Choice of Law and Legal Evolution: Rethinking the Market for Legal Rules,” co-author, in Public Choice (2009); “Optimal Territorial Scope of Laws: Subsidiarity and Legal Harmonization,” co-author, in The Economics of Lawmaking (2009); “Lawmakers as Norm Entrepreneurs,” co-author, in Review of Law and Economics (2008); “The Paradox of Legal Harmonization,” co-author, in Public Choice (2007)

2015-04-08 00:00:00 
Fall 2018 
The course cove...
The course covers theory of consumer behavior and demand, theory of the firm and market structures, general equilibrium and resource allocation, theory of income distribution, information theory, game theory and economics of institutions.