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Maria Giovanna Devetag

Maria Giovanna Devetag
Associate Professor

Areas of research: Behavioral Economics, Corporate Strategy, Experimental Economics, Innovation, Knowledge Management and R&D, Organization


I am Associate Professor in the Department of Law and Management Studies at the University of Perugia, Italy, where I teach courses in Strategic Management, Economics and Management of Business Firms, Marketing, Management of Innovation, Operations Management.
I am also Adjunct Professor at LUISS Guido Carli where I teach a course on Markets and Strategies.
I am in the faculty board of the International Doctoral Programme in Economics and Management of the University of Trento.
I am affiliated to the Center for the Analysis of Financial and Economic Dynamics at the St. Anna School of Advanced Studies in Pisa, to the Computable and Experimental Economics Laboratory (CEEL) and to the Interdepartmental Center for Research Training in Economics and Management at the University of Trento. My research activity focuses on the use of laboratory experiments to study problems of organizational coordination and organizational design.
I have been Visiting Research Scholar at the Department of Psychology at Princeton University, and Research Fellow at the Italian Academy for Advanced Studies in America at Columbia University


  • Bortolotti, Stefania; Devetag, Giovanna; Ortmann, Andreas (2016). Group incentives or individual incentives? A real-effort weak-link experiment, in JOURNAL OF ECONOMIC PSYCHOLOGY. p. 60-73.
  • Devetag, G.; Di Guida, S.; Polonio, L. (2016). An eye-tracking study of feature-based choice in one-shot games, in EXPERIMENTAL ECONOMICS. Month 1, p. 177-201.
  • Devetag, Maria Giovanna; Pancotto, Francesca; Brenner, Thomas (2014). The Minority Game Unpacked: Coordination and Competition in a Team-based Experiment, in JOURNAL OF EVOLUTIONARY ECONOMICS. p. 761-797.
  • Ceccacci, F.; Devetag, G. (2014). Le medie imprese di fronte alla crisi: il caso Meccanotecnica Umbra S.p.A., in PICCOLA IMPRESA. p. 65-87.
  • Di Guida, Sibilla; Devetag, Giovanna (2013). Feature-based Choice and Similarity in Normal-form Games: An Experimental Study, in GAMES. p. 776-794.
  • Devetag, Maria Giovanna; Hosni, Hykel; Sillari, Giacomo (2013). You better play 7: mutual versus common knowledge of advice in a weak-link experiment, in SYNTHESE. p. 1351-1381.
  • G. Devetag; S. Di Guida; N. Montinari (2013). Theory of mind in the social sciences: an experiment on strategic thinking in children, in METHODE. p. 67-92.
  • Francesca Ceccacci; Paola de Salvo; Giovanna Devetag (2012). La conoscenza collettiva e il web: le online knowledge communities. In: , ISBN:
  • Devetag, G. (2012). Cognizione. In: Dizionario di economia e finanza, Month 1, p. 1-1. ISBN:
  • G. Bottazzi; G. Devetag; F. Pancotto (2011). Does volatility matter? Expectations of price return and variability in an asset pricing experiment, in JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION. p. 124-146.
  • G. Devetag; A. Ortmann (2010). Classic coordination failures revisited: the effects of deviation costs and loss avoidance, in ECONOMICS BULLETIN. p. 1633-1641.
  • BORTOLOTTI S; M. DEVETAG; G; ORTMANN A (2009). Exploring the effects of real effort in a weak link experiment. In: , Month 1, ISBN: 2-s2.0-79251564134.
  • M. DEVETAG (2009). Coordination and Trust as Pre-requisites of Co-opetition: Experimental Evidence. In: Co-opetition Strategy: Theory Experiments and Cases, Month 1, p. 274-289. ISBN: 9780415438988.
  • Devetag, M. G.; Warglien, M. (2009). L'economista come designer: un invito al laboratorio, in SISTEMI INTELLIGENTI. p. 251-260.
  • BOTTAZZI G; M. DEVETAG; PANCOTTO F (2008). Does Variance Matter? Expectations of Price Return and Variability in An Asset Pricing Experiment. In: , Month 1, ISBN: 9780415438988.
  • DEVETAG, G; WARGLIEN, M (2008). Playing the Wrong Game: An Experimental Analysis of Relational Complexity and Strategic Misrepresentation, in GAMES AND ECONOMIC BEHAVIOR. p. 364-382.
  • BOTTAZZI, G; DEVETAG, G (2007). Competition and Coordination in Experimental Minority Games, in JOURNAL OF EVOLUTIONARY ECONOMICS. p. 241-275.
  • M. DEVETAG; ORTMANN, A (2007). When and Why? A Critical Survey on Coordination Failure in The Laboratory, in EXPERIMENTAL ECONOMICS. p. 331-344.
  • M. DEVETAG (2007). Le teoria dei giochi comportamentale: verso una rappresentazione realistica dei comportamenti strategici?. In: Economia e concezione dell'uomo, Month 1, p. 200-210. MILANO: FrancoAngeli. ISBN: 9788846491497.
  • Devetag G.; Ortmann A. (2007). Solving coordination problems, experimentally. In: Laboratory Experiments in the Social Sciences, Month 1, p. 407-432. ISBN: 9780123694898.
  • M. DEVETAG; ORTMANN. A (2007). Classic coordination failures revisited: the effects of deviation costs and loss avoidance. In: , Month 1, ISBN: 9780123694898.
  • M. DEVETAG; GAFFEO E; GALLEGATI M; GIULIONI G (2006). Financial Fragility and Scaling Laws in the Laboratory. In: The Complex Networks of Economic Interactions: Essays in Agent-Based Economics and Econophysics, Month 1, p. 61-76. Berlin: Springer Verlag. ISBN: 10.1007/3-540-28727-2_4.
  • Devetag G. (2006). "The routines of decision making", by Tilmann Betsch and Susanne Haberstroh (Eds.), Lawrence Erlbaum Associates, Mahwah, New Jersey, BOOK REVIEW, JOURNAL OF ECONOMIC PSYCHOLOGY.Month 1, p. 459-461.
  • Devetag G. (2005). Models of a Man: Essays in Memory of Herbert A. Simon, by Mie Augier, James G. March, The MIT Press Cambridge, Massachusetts, 2004. pp. xiv + 553, ISBN 0-262-01208-1, $45 (hbk), BOOK REVIEW, JOURNAL OF ECONOMIC PSYCHOLOGY.Month 1, p. 603-606.
  • Devetag G.; Warglien M. (2005). Il laboratorio e l'impresa: un'economia sperimentale applicata?. In: Le nuove economie: dall'economia evolutiva a quella cognitiva: oltre i fallimenti della teoria neoclassica, Month 1, p. 119-134. Milano: Il Sole 24 Ore. ISBN: 88-8363-647-3.
  • M. DEVETAG; G (2005). "The Routines of Decision Making" by T. Betsch and S. Haberstroh (Eds.), Lawrence Erlbaum Associates, Mahwah, NJ, 2005, BOOK REVIEW, JOURNAL OF ECONOMIC PSYCHOLOGY.Month 1, p. 171-180.
  • Bottazzi, G.; Devetag, M. G. (2005). Expectations Structure in Asset Pricing Experiments. In: Nonlinear Dynamics and Heterogeneous Interacting Agents, Month 1, p. 11-26. Berlin: Springer-Verlag. ISBN: 10.1007/3-540-27296-8_2.
  • M. DEVETAG (2005). Models of a Man: Essays in Memory of Herbert A. Simon, by Mie Augier, James G. March, The MIT Press Cambridge, Massachusetts, 2004 (book review), JOURNAL OF ECONOMIC PSYCHOLOGY.p. 603-606.
  • Devetag G. (2005). Precedent Transfer in Coordination Games: An Experiment, in ECONOMICS LETTERS. p. 227-232.
  • Devetag, G. (2004). Il capitale di aspettative: la teoria dei giochi e le determinanti del coordinamento organizzativo. Milano: Guerini e Associati. Month 1, p. 1-175. ISBN: 9788883355547.
  • Devetag G. (2004). A Note on the Experimental Study of Markets, in REVUE D'ECONOMIE INDUSTRIELLE. p. 75-88.
  • BOTTAZZI G.; M. DEVETAG; DOSI G. (2004). Adaptive Coordination and Aggregate Efficiency in Minority Games. In: Heterogeneous Agents, Interactions and Economic Performance, p. 19-42. BERLIN: Springer-Verlag. ISBN: 9783540440574.
  • Devetag G.; Warglien M. (2003). Games and Phone Numbers: Do Short Term Memory Bounds Affect Strategic Behavior?, in JOURNAL OF ECONOMIC PSYCHOLOGY. p. 189-202.
  • Devetag G. (2003). Coordination and Information in Critical Mass Games: An Experimental Study, in EXPERIMENTAL ECONOMICS. p. 53-73.
  • Bottazzi G.; Devetag G. (2003). A Laboratory Experiment on the Minority Game, in PHYSICA. A. Month 1, p. 124-132.
  • Devetag G.; Warglien M. (2003). Colli di bottiglia cognitivi nel ragionamento strategico, in SISTEMI INTELLIGENTI. Month 1, p. 45-52.
  • Bottazzi G.; Devetag G.; Dosi G. (2002). Adaptive Learning and Emergent Coordination in Minority Games, in SIMULATION MODELING PRACTICE AND THEORY. p. 321-347.
  • Devetag G. (2000). Il comportamento del consumatore. In: Modelli e Strategie di Marketing, Month 1, p. 21-62. Milano: FrancoAngeli. ISBN: 9788846424280.
  • Devetag G.; Legrenzi P.; Warglien M. (2000). Focusing strategies in reasoning about games. In: Deductive reasoning and strategies, Month 1, p. 287-298. Mahwah, New Jersey: Lawrence Erlbaum Associates Publishers. ISBN: 9780805832389.
  • Devetag G.; Legrenzi P.; Warglien M. (1999). I modelli mentali dei giochi: focalizzazione e rappresentazioni selettive, in SISTEMI INTELLIGENTI. p. 85-111.
  • Devetag, M. G. (1999). From Utilities to Mental Models: A Critical Survey on Decision Rules and Cognition in Consumer Choice, in INDUSTRIAL AND CORPORATE CHANGE. p. 289-351.
  • M. DEVETAG; LEGRENZI; P.; WARGLIEN M. (1997). Come le alternative inefficienti influenzano le nostre decisioni, in SISTEMI INTELLIGENTI. p. 377-397.