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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


  • Devetag, G.; Di Guida, S.; Polonio, L. (2016). An eye-tracking study of feature-based choice in one-shot games. EXPERIMENTAL ECONOMICS, p. 177-201. ISSN 1386-4157.
  • Bortolotti, Stefania; Devetag, Giovanna; Ortmann, Andreas (2016). Group incentives or individual incentives? A real-effort weak-link experiment. JOURNAL OF ECONOMIC PSYCHOLOGY, p. 60-73. ISSN 0167-4870.
  • Ceccacci, F.; Devetag, G. (2014). Le medie imprese di fronte alla crisi: il caso Meccanotecnica Umbra S.p.A.. PICCOLA IMPRESA, p. 65-87. ISSN 2421-5724.
  • Devetag, Maria Giovanna; Pancotto, Francesca; Brenner, Thomas (2014). The Minority Game Unpacked: Coordination and Competition in a Team-based Experiment. JOURNAL OF EVOLUTIONARY ECONOMICS, p. 761-797. ISSN 0936-9937.
  • Devetag, Maria Giovanna; Hosni, Hykel; Sillari, Giacomo (2013). You better play 7: mutual versus common knowledge of advice in a weak-link experiment. SYNTHESE, p. 1351-1381. ISSN 0039-7857.
  • G. Devetag; S. Di Guida; N. Montinari (2013). Theory of mind in the social sciences: an experiment on strategic thinking in children. METHODE, p. 67-92. ISSN 2281-0498.
  • Di Guida, Sibilla; Devetag, Giovanna (2013). Feature-based Choice and Similarity in Normal-form Games: An Experimental Study. GAMES, p. 776-794. ISSN 2073-4336.
  • Francesca Ceccacci; Paola de Salvo; Giovanna Devetag (2012). La conoscenza collettiva e il web: le online knowledge communities. , v. 17.
  • Devetag, G. (2012). Cognizione, in Treccani, la cultura italiana edited by Dizionario di economia e finanza. Treccani, la cultura italiana. p. 1-1.
  • G. Bottazzi; G. Devetag; F. Pancotto (2011). Does volatility matter? Expectations of price return and variability in an asset pricing experiment. JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, p. 124-146. ISSN 0167-2681.
  • G. Devetag; A. Ortmann (2010). Classic coordination failures revisited: the effects of deviation costs and loss avoidance. ECONOMICS BULLETIN, p. 1633-1641. ISSN 1545-2921.
  • BORTOLOTTI S; M. DEVETAG; G; ORTMANN A (2009). Exploring the effects of real effort in a weak link experiment. .
  • M. DEVETAG (2009). Coordination and Trust as Pre-requisites of Co-opetition: Experimental Evidence, in P. DAGNINO AND E. ROCCO EDS. (edited by) Co-opetition Strategy: Theory Experiments and Cases. Routledge, p. 274-289. ISBN: 9780415438988.
  • Devetag, M. G.; Warglien, M. (2009). L'economista come designer: un invito al laboratorio. SISTEMI INTELLIGENTI, p. 251-260. ISSN 1120-9550.
  • DEVETAG, G; WARGLIEN, M (2008). Playing the Wrong Game: An Experimental Analysis of Relational Complexity and Strategic Misrepresentation. GAMES AND ECONOMIC BEHAVIOR, p. 364-382. ISSN 0899-8256.
  • BOTTAZZI G; M. DEVETAG; PANCOTTO F (2008). Does Variance Matter? Expectations of Price Return and Variability in An Asset Pricing Experiment. .
  • M. DEVETAG; ORTMANN. A (2007). Classic coordination failures revisited: the effects of deviation costs and loss avoidance. .
  • M. DEVETAG; ORTMANN, A (2007). When and Why? A Critical Survey on Coordination Failure in The Laboratory. EXPERIMENTAL ECONOMICS, p. 331-344. ISSN 1386-4157.
  • BOTTAZZI, G; DEVETAG, G (2007). Competition and Coordination in Experimental Minority Games. JOURNAL OF EVOLUTIONARY ECONOMICS, p. 241-275. ISSN 0936-9937.
  • M. DEVETAG (2007). Le teoria dei giochi comportamentale: verso una rappresentazione realistica dei comportamenti strategici?, in P. GRASSELLI A CURA DI (edited by) Economia e concezione dell'uomo. FrancoAngeli, p. 200-210. ISBN: 9788846491497.
  • Devetag G.; Ortmann A. (2007). Solving coordination problems, experimentally, in Sell, J., Webster, M. (edited by) Laboratory Experiments in the Social Sciences. Elsevier, p. 407-432. ISBN: 9780123694898.
  • 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, p. 459-461. ISSN 0167-4870.
  • M. DEVETAG; GAFFEO E; GALLEGATI M; GIULIONI G (2006). Financial Fragility and Scaling Laws in the Laboratory, in A. NAMATAME; T. KAIZOUJI AND Y. ARUKA (EDS.) (edited by) The Complex Networks of Economic Interactions: Essays in Agent-Based Economics and Econophysics. Springer Verlag, p. 61-76. ISBN: 3540287264.
  • 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, p. 171-180. ISSN 0167-4870.
  • Bottazzi, G.; Devetag, M. G. (2005). Expectations Structure in Asset Pricing Experiments, in Editors: Thomas Lux, Eleni Samanidou, Stefan Reitz (edited by) Nonlinear Dynamics and Heterogeneous Interacting Agents. Springer-Verlag, p. 11-26. ISBN: 978-3-540-22237-8.
  • 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. ISSN 0167-4870.
  • 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, p. 603-606. ISSN 0167-4870.
  • Devetag G.; Warglien M. (2005). Il laboratorio e l'impresa: un'economia sperimentale applicata?, in Riccardo Viale (edited by) Le nuove economie: dall'economia evolutiva a quella cognitiva: oltre i fallimenti della teoria neoclassica. Il Sole 24 Ore, p. 119-134. ISBN: 88-8363-647-3.
  • Devetag G. (2005). Precedent Transfer in Coordination Games: An Experiment. ECONOMICS LETTERS, p. 227-232. ISSN 0165-1765.
  • BOTTAZZI G.; M. DEVETAG; DOSI G. (2004). Adaptive Coordination and Aggregate Efficiency in Minority Games, in R. COWAN; N. JONARD EDS. (edited by) Heterogeneous Agents, Interactions and Economic Performance. Springer-Verlag, v. 521, p. 19-42. ISBN: 9783540440574.
  • Devetag G. (2004). A Note on the Experimental Study of Markets. REVUE D'ECONOMIE INDUSTRIELLE, p. 75-88. ISSN 0154-3229.
  • Devetag, G. (2004). Il capitale di aspettative: la teoria dei giochi e le determinanti del coordinamento organizzativo. Guerini e Associati, p. 1-175. ISBN: 9788883355547.
  • Devetag G. (2003). Coordination and Information in Critical Mass Games: An Experimental Study. EXPERIMENTAL ECONOMICS, p. 53-73. ISSN 1386-4157.
  • Devetag G.; Warglien M. (2003). Colli di bottiglia cognitivi nel ragionamento strategico. SISTEMI INTELLIGENTI, p. 45-52. ISSN 1120-9550.
  • Devetag G.; Warglien M. (2003). Games and Phone Numbers: Do Short Term Memory Bounds Affect Strategic Behavior?. JOURNAL OF ECONOMIC PSYCHOLOGY, p. 189-202. ISSN 0167-4870.
  • Bottazzi G.; Devetag G. (2003). A Laboratory Experiment on the Minority Game. PHYSICA. A, p. 124-132. ISSN 0378-4371.
  • Bottazzi G.; Devetag G.; Dosi G. (2002). Adaptive Learning and Emergent Coordination in Minority Games. SIMULATION MODELING PRACTICE AND THEORY, p. 321-347. ISSN 1569-190X.
  • Devetag G.; Legrenzi P.; Warglien M. (2000). Focusing strategies in reasoning about games, in SCHAEKEN; W.; DE VOOGHT; G.; VANDIERENDNCK; A.; DYDEWALLE; G. EDS. (edited by) Deductive reasoning and strategies. Lawrence Erlbaum Associates Publishers, p. 287-298. ISBN: 9780805832389.
  • Devetag G. (2000). Il comportamento del consumatore, in PAMMOLLI F. (edited by) Modelli e Strategie di Marketing. FrancoAngeli, p. 21-62. ISBN: 9788846424280.
  • Devetag G.; Legrenzi P.; Warglien M. (1999). I modelli mentali dei giochi: focalizzazione e rappresentazioni selettive. SISTEMI INTELLIGENTI, p. 85-111. ISSN 1120-9550.
  • Devetag, M. G. (1999). From Utilities to Mental Models: A Critical Survey on Decision Rules and Cognition in Consumer Choice. INDUSTRIAL AND CORPORATE CHANGE, p. 289-351. ISSN 0960-6491.
  • M. DEVETAG; LEGRENZI; P.; WARGLIEN M. (1997). Come le alternative inefficienti influenzano le nostre decisioni. SISTEMI INTELLIGENTI, p. 377-397. ISSN 1120-9550.