Research Interests
Professor Felli's research has focused on contract theory -- in particular on the question: Why are contracts incomplete? -- and also explored political lobbying, the optimal internal structure of organizations in the presence of collusion, blackmail and whistle-blowing, as well as wage determination and workers' mobility in the presence of firm-specific human capital.
Recent Publications
Published Papers
Felli, L. and Harris, C. Firm-Specific Training, Journal of Economic Theory vol 175 (2018) pp. 585-623Cambridge Working Papers in Economics
Anderlini, L., Felli, L., Piccone, M. The Emergence of Enforcement, (2022) CWPE2250Calzolari, G., Felli, L., Koenen, J., Spagnolo, G. and Stahl, K. O. Relational Contracts and Trust in a High-Tech Industry, (2021) CWPE2154
Research Activities
Cambridge’s Economics and Econometrics recognised in REF 2021
The results from the latest Research Excellence Framework (REF) have highlighted the global impact of the University of Cambridge’s research in the field of economics, with an acknowledgement of the world leading quality of our overall research submission marked by both an increase in GPA, and an increase in the percentage of the submission scored as ‘world leading’.
Published on - Thursday 12th May 2022
The Faculty Addresses Brexit, post-COVID Challenges and Diversity
As incoming chair of the Faculty of Economics Professor Leonardo Felli has faced unprecedented challenges, and his first year would be unusual year in every possible way.
Published on - Monday 14th December 2020
Institute for New Economic Thinking (INET)
The Cambridge-INET Institute
Cambridge-INET Management Committee Member
Cambridge-INET Advisory Board Member
Keynes Fund Affiliation
Keynes Fund Manager
Teaching
PIIA Paper 1 - Lent - Economics of Uncertainty and Information