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Claudio Piga is Reader in Economics, Dept.of Economics, Loughborough University. Senior Lecturer, Dept. of Economics, International Journal of Tourism Research, 2002, Vol. 4, p. 4. In books 2007 Claudio Piga and Enrico Bachis (2007), Pricing strategies by European traditional and low cost airlines.

NAME: Nationality: AFFILIATION CURRICULUM VITAE CLAUDIO A.G. PIGA Italian (born in Sassari, Italy) Department of Economics, Loughborough University ADDRESS: 7 Grasmere Road, Beeston, Nottingham NG9 3AQ OFFICE PHONE: (0044)-(0)1509-222755; fax (0044)-(0)1509-222839 EMAIL/web site c.a.g.piga@lboro.ac.uk; http://www-staff.lboro.ac.uk/~eccagp/ 1 Current Position From Mar.07 - Reader in Economics, Dept. of Economics, Loughborough University From Jan 05 - Senior Lecturer, Dept. of Economics, Loughborough University Previous Positions 2005 Professore Associato, University of Sassari, Italy, Faculty of Economics and Management. 99-04 Lecturer in Industrial Economics, Business School, University of Nottingham 10/04-01/05 Sessional Lecturer, Aston Business School 1998 Dept of Economics, University of Hull; 1997 Royal Economics Society Teaching Fellow, University of York. Education and Qualifications 1999 D.Phil in Economics Department of Economics, University of YORK, supervisor: Prof. Gianni De Fraja. Thesis title: Essays in Industrial Organization: Theory and Practice. External Examiner: Prof. Steve Davies, UEA, Norwich 1994-97 PhD in Economics, University of Rome - Tor Vergata. Thesis title: I giochi differenziali: teoria ed applicazioni nello studio delle scelte dinamiche di prezzo, quantita e pubblicita in strutture di mercato oligopolistiche (Differential game: theory and applications in the analysis of dynamic choices on price, quantity and advertising in oligopolistic markets). 1992 M.Sc in Economics, Coripe Piemonte, University of TURIN 1987-1991 Laurea in Scienze Politiche (Economics and Politics), final mark: 110/110 e lode, University of SASSARI, Italy Teaching experiences In current position Game Theory (MSc); Economics, Banking and Finance (MA); Developments in Microeconomics (3 Yr).; Economics of Leisure and Tourism (2Yr).. In other Institutions Economics of Tourism, University of Sassari; Economics of Tourism (lecture course), University of Bergamo; Economics of Tourism (lecture course), University of Hull; Industrial Organization 2, (UG 3Yr); Economics of Organization (UG, 2Yr); The Digital Economy, (UG 1-2-3 Yr.), Managerial Economics (MA); Microeconomics, Aston Business School; Industrial Economics, University of York (UK). Visiting Institutions Texas A&M University, Department of Economics, Summer 2008. On Job Training 2006 Recruitment and Selection, Academic Probationary Advisers Training, Appraisal for the Appraiser, Professional Development Course, Loughborough University. 2001 PGCAP: PostGraduate Certificate in Academic Practice, University of Nottingham

Publications 2 in refereed journal 1. On cost restrictions in spatial competition models with heterogeneous firms (with Marco Alderighi), Economics Letters, forthcoming. 2. Airline Competition in the British Isles, (with A. Gaggero) Transportation Research, Part E, 2010, 46, 270-279 3. Why Should a Firm Choose to Limit the Size of its Market Area, Regional Science and Urban Economics, (with Marco Alderighi), 2008, 38(2): 191 201. 4. Entry and Exit by European Low Cost and Traditional Carriers, (with M. Gil-Molto), Tourism Economics, 2008, 14 (3), 577 598. 5. Entry and Exit in a Liberalised Market, (with M. Gil-Molto), Rivista di Politica Economica, 2007, Jan-Feb., 3-38. 6. R&D investment, Credit Rationing and Sample Selection, (With G. Atzeni), Bulletin of Economic Research, Vol. 59 (2), 2007, pp. 149-178. 7. Hub Premium, Airport Dominance and Market Power in the European Airline Industry,(with E. Bachis), Rivista di Politica Economica, Sept-Oct. 2006, pp. 11-54 8. Assessing the returns to Collaborative Research: Firm-level evidence from Italy, (with G. Medda and D. Siegel), Economics of Innovation and New Technology, 2006, Vol. 15(1), 37-50. 9. University R&D and Firm Productivity: Evidence from Italy, (with G. Medda and D. Siegel), The Journal of Technology Transfer, 2005, 30(1-2), pp.199-205. 10. Endogenous R&D Spillovers and Locational Choice, Regional Science and Urban Economics, (with Poyago-Theotoky J.), 2005, 35, 127-139 11. Il triangolo competitivo: innovazione, organizzazione e lavoro qualificato (with M. Vivarelli and M. Piva), L Industria, N. 4, ottobre-dicembre, 2004, pp.655-674. 12. Cooperation in R&D and Sample Selection, Oxford Bulletin of Economics and Statistics. (with M. Vivarelli), vol. 66, iss. 4, 2004, pp. 457-482. 13. Strategic Debt in Vertical Relationships: Theory and Evidence, Research in Economics, (with G. De Fraja), 2004, 58 (2), 103-123. 14. Endogenous R&D Spillovers and Locational Choice with discriminatory pricing, Managerial and Decision Economics, (with Poyago-Theotoky J.), 2004, Vol. 25, pp.157-161. 15. Pigouvian Taxation in Tourism, Environmental and Resource Economics; 2003, Vol. 26:3, pp 343-359. 16. Il giro del mondo in 80 euro. Liberalizzazione e compagnie aeree a basso costo, Mercato, concorrenza, regole, 2003, Vol. 5(2), pp.281-296 (with M. Polo). 17. Territorial Planning and tourism development tax, Annals of Tourism Research. 2003, Vol. 30 (4), pp. 886-905. 18. Sample Selection in Estimating the Determinants of Cooperative R&D, Applied Economics Letters, (with M. Vivarelli), 10, pp. 243-246. 19. Network Positioning and R&D Activity: A Study of Italian Groups, R&D Management. (with I. Filatotchev and N. Demina), 2002, 33 (1), 37-48. 20. Booking and Flying with Low Cost Airlines, International Journal of Tourism Research, 2002, Vol. 4, p. 237-249. (with N. Filippi); 21. "Debt and Firms' Relationships: The Italian Evidence", Review of Industrial Organization,2002, N. 3, Vol. 20, p. 267-282; 22. Corporate Social Responsibility: A theory of the firm perspective. A few comments and some suggested extensions., Academy of Management Review, 2002, Vol. 27 (1), January, p. 13-15. 23. Competition in a duopoly with sticky price and advertising, International Journal of Industrial Organization, 2000, Vol. 18, n. 4, 595-614; 24. A Dynamic model of Advertising and Product Differentiation, The Review of Industrial Organization, 1998, N.5, Vol 13, 509-522; 25. Una Prima Valutazione del Sostegno alla Nascita delle Piccole Imprese attuato tramite la legge 44/86", Economia e Diritto del Terziario, 1998, n.1, pp. 191-216 (with Vivarelli M.) 26. Un'analisi Empirica delle Scelte Organizzative in un Campione di Piccole e Medie Imprese di Successo", Economia e Politica Industriale, 1995, n.88/95, pp.179-197; in books 2007 Claudio Piga and Enrico Bachis (2007), Pricing strategies by European traditional and low cost airlines: or, when is it the best time to book on line? in Lee, D. (ed.), Advances in Airline Economics. The Economics of Airline Institutions, Operations and Marketing. Elsevier, ch. 10, 319-344.

3 2000 Strategic Taxation in Tourism, in Tourism Sustainability and Territorial Organisation: XII Summer Institute of the European Regional Science Association, APDR (Ed.), ISBN: 972-97825-6-3 submitted and work in progress 2009 On-Line Price Discrimination with and without arbitrage opportunities, (with E. Bachis), revision invited by the Editor of International Journal of Industrial Organization 2009: Airline Market Power and Intertemporal Price Dispersion, (with Alberto Gaggero), revision invited by the Editor of the Journal of Industrial Economics. 2009: The Domino Effect in a spatial model with heterogeneous firms, (with Marco Alderighi), submitted to Journal of Economics and Management Strategy; 2009: Market Selection, Heterogeneity and Entry in Liberal Professions, (with Marco Alderighi), submitted to European Economic Review 2009: Governed Growth and Urban Sprawl, (with Marco Alderighi), submitted to Scottish Journal of Political Economy. 2009 Mergers and Business Model Assimilation: Evidence from Low-Cost Airline Takeovers, (with P. Dobson). submitted to Oxford Bulletin of Economics and Statistics Research Grants 1 ESRC, Small Grant, Evaluating the relationship between price dispersion and competition intensity in the airline industry using the UK International Passenger Survey., 57k, under review. 2 The Leverhulme Trust, 2007 Research Fellowships, Pricing and Yield Management by a low cost airline, funds obtained: 19.5k. RF/7/RFG/2007/0022 3 British Academy, 2007, Creation of an Airlines Entry and Exit database, 7500. SG/45975 4 British Academy, 2007 Overseas Conference Travel Grant, 400. 5 British Academy, 2003 Larger Research Grants ( 11.663) for a project on Pricing strategies in low cost airlines segment of the European Civil Aviation market. 6 University of Nottingham, New Lecturers s Fund, 10K, 2001. 7 University of Nottingham, Overseas Conference Fund, various awards. Esteem Indicators UG Economics External Examiner, Newcastle University Business School, 2007-2010 External affiliation: Senior Fellow, Rimini Centre for Economic Analysis. Editorial Board membership: RELIT, Revista de Literatura dos Transportes; EURASIAN BUSINESS REVIEW. Organiser, UK Network of Industrial Economists Meeting, Loughborough, June 27 th 2008. Editor, Special Issue on The Liberalization of the European Civil Aviation Industry: Economic and Policy Implications., Rivista di Politica Economica Younger Scholar Best Paper Award by the Industrial Organization Society for the 2002 article on Review of Industrial Organization. Referee for Economic Record, Journal of Productivity Analysis, Regional Science and Urban Economics, Environmental and Resource Economics, Small Business Economics, Economics of Innovation and New Technology, Journal of Technology Transfer, The Bulletin of Economic Research, The Review of Industrial Organization, Oxford Economic Papers, Management Science, International Journal of Industrial Organization, Southern Economic Journal, Economic Theory, International Tax and Public Finance, Oxford Bulletin of Economics and Statistics. Invited Talks Yield Management in Theory and Practice ; Rimini Lectures in the Economics of Tourism, April 2009. Mergers and Business Model Assimilation: Evidence from Low-Cost Airlines Takeovers, Competition Commission, London, Network of Industrial Economists Conference, December 2008 On-Line Price Discrimination with and without arbitrage opportunities, Hermes Ricerche, University of Turin (Italy), workshop Which future for the Civil Aviation Industry?. On-Line Price Discrimination with and without arbitrage opportunities, ZEW Mannheim (Germany), Workshop on ICT and Firms Strategies, 6-7 Oct. 2006. On the relationship between R&D and Productivity: a Treatment Effect analysis Workshop on Innovation, Employment and Economic Growth, University of Bologna, 28-29/11/2003; Conferences since 2001 Mergers and Business Model Assimilation: Evidence from Low-Cost Airline Takeovers, European Association for Research in Industrial Economics (EARIE), Toulouse, 2008; and International Industrial Organization Society, Boston, 2009.

4 On-Line Price Discrimination with and without arbitrage opportunities, International Industrial Organization Society, Savannah (USA), 2007; and Royal Economic Society, Warwick (UK); and SOEGW, Rimini, September 2006. Entry and Exit in a Liberalised Market, European Economic Association, Vienna, 25-28 August 2006; and 2 nd International Conference on Tourism Economics, Palma de Mallorca, Spain, 18-20 May 2006. Do prices grow more in Euroland? Evidence from the airline industry, Royal Economic Society Conference, Nottingham, 19-21 April 2006; and International Industrial Organization Society, Boston, 7-9 April 2006. R&D investment, Credit Rationing and Sample Selection, European Association for Research in Industrial Economics EARIE, Oporto, 1-4 Sept. 2005; and Industrial Organization Society Conference, Chicago, 23-24 April 2004; On the relationship between R&D and Productivity: a Treatment Effect analysis, Industrial Organization Society Conference, Boston, April 2003; also presented at EARIE Conference, Helsinky. Cooperation in R&D and Sample Selection, Econometric Society North American Summer Meeting, Los Angeles, 20-24 June 2002 and 2002 EARIE Conference, Madrid, Universidad Carlos III, 5-8 Sept. 2002 Shall we meet halfway? Endogenous Spillovers and Locational Choice, 2001 EARIE Conference, Dublin. Seminars University of York, Dec. 2009; Core, Louvain la Neuve, Dec. 2009; City University's Centre for Competition and Regulatory Policy, Jan. 2009; University of Lancaster, Business School, November 2008; University of Milan (Italy), DEAS 2008; University of Bergamo (Italy), Engineering Dept. 2007; University of Canterbury, Economics Dept. 2007; University of Reading, Economics Dept. 2007; Metropolitan University, Economics Dept. 2006; University of Durham, Business School, 2006; University of Newcastle, Business School, 2006; Aston University, Business School, 2006; University of Brescia (Italy), Economics Dept. 2006; University of Rimini (Italy), Business School, 2006; Lancaster University, Business School, 2005; University of Cagliari (Italy), Economics Dept. 2002; Administrative duties in Loughborough 1) Programme Director, Business Economics and Finance UG Degree; 2) Member of the Teaching and Learning Committee; 3) Member of the Software Committee. 4) Manager of on-line working papers using the REPEC system: http://ideas.repec.org/s/lbo/lbowps.html PhD Supervision Young Yun Lee, The Efficiency of UK Airports, MPhil dissertation submitted. Degree awarded with minor revisions. December 2009. Enrico Bachis, Price Competition and Price Dispersion among UK-based Low Cost Airlines, started in academic year 2002-2003. Completed. Giuseppe Medda, Essays on the relationship between R&D activity and firm productivity, University of Cagliari and Sassari. Completed. Giuseppe now works at the Statistical Office of Sassari City Council. PhD Vivas March 2009 Internal Examiner- Loughborough University, Department of Economics: Candidate: Vasilis Zykos. January 2006: Internal Examiner: Loughborough University Economics Dept. Candidate: Ms. Ece Turget-Brett. April 2005. External examiner at Lancaster University Management School, candidate: Malcom Brady.

Referees 5 - Professor. GIANNI DE FRAJA, University of Leicester, Dep. of Economics, University Road, Leicester, LE1 7RH, tel. 0116 252 3909, fax: (+44) (0)116-252 2200 email defraja@le.ac.uk - Professor THANASIS STENGOS, Department of Economics, University of Guelph, Guelph, Ontario, N1G 2W1 Telephone Number: (519) 824-4120 ext 53917, email: tstengos@uoguelph.ca - Professor PAUL DOBSON, Business School, Loughborough University, Loughborough, LE11 3TU, UK, telephone: (+44) (0)1509-223297; email: p.w.dobson@lboro.ac.uk