Azzurra Morreale
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Azzurra Morreale is a Senior Associate Professor in Finance at Jönköping International Business School (JIBS) in Sweden. Currently, she is also a Visiting Associate Professor at LUT University, Finland, where she serves as the Co-Head of the Viipuri Lab.
She was awarded the title of Docent (Strategic Financing, Economic Behavior, and Decision-making) at LUT Business School in Finland for the period September 2021 – 31 August 2026. Additionally, she received the "Teacher of the Year" award in 2022 by the LUT School of Business for the Master's program in Strategic Finance and Analytics.
She received her Ph.D. in Industrial Engineering and Management from the University of Palermo, Italy. She has been a visiting scholar at the University of California, Santa Cruz (USA), and she is a regular visiting scholar at the University of Trento, Italy. She is also a member of the Cognitive and Experimental Economics Laboratory (CEEL) at the University of Trento, Italy.
Her research interests and expertise lie in finance and behavioral economics, with a particular focus on strategic decision-making under uncertainty.
Article
Mittone, L., Morreale, A., Ritala, P.
(2024).
Initial conditions and path dependence in explorative and exploitative learning: An experimental study Technovation, 129.
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Guida, V., Mittone, L., Morreale, A.
(2024).
Innovative search and imitation heuristics: an agent-based simulation study Journal of Economic Interaction and Coordination, 19, 231-282.
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Engel, C., Mittone, L., Morreale, A.
(2024).
Outcomes or participation? Experimentally testing competing sources of legitimacy for taxation Economic Inquiry, 62(2), 563-583.
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D'Arcangelo, C., Morreale, A., Mittone, L., Collan, M.
(2023).
Ignorance is bliss? Information and risk on crowdfunding platforms PLOS ONE, 18(6 JUNE).
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Mittone, L., Morreale, A., Vu, T.
(2022).
What drives innovative behavior? An experimental analysis on risk attitudes, creativity and performance Journal of Behavioral and Experimental Economics, 98.
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Argentiero, A., Casal, S., Mittone, L., Morreale, A.
(2021).
Tax evasion and inequality: some theoretical and empirical insights Economics of Governance, 22(4), 309-320.
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Engel, C., Mittone, L., Morreale, A.
(2020).
Tax morale and fairness in conflict an experiment Journal of Economic Psychology, 81.
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Stoklasa, J., Morreale, A., Talášek, T., Collan, M.
(2020).
The Mean & Range Effect – A Sweet Spot Stimulating Risk-Seeking in Managerial Decision Support The Nordic Journal of Business, 69(1), 21-43.
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Morreale, A., Mittone, L., Vu, T., Collan, M.
(2020).
To wait or not to wait? Use of the flexibility to postpone investment decisions in theory and in practice Sustainability, 12(8).
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Morreale, A., Mittone, L., Lo Nigro, G.
(2019).
Risky choices in strategic environments: An experimental investigation of a real options game European Journal of Operational Research, 279(1), 143-158.
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Morreale, A., Stoklasa, J., Collan, M., Lo Nigro, G.
(2018).
Uncertain outcome presentations bias decisions: experimental evidence from Finland and Italy Annals of Operations Research, 268(1-2), 259-272.
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Morreale, A., Robba, S., Lo Nigro, G., Roma, P.
(2017).
A real options game of alliance timing decisions in biopharmaceutical research and development European Journal of Operational Research, 261(3), 1189-1202.
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Lo Nigro, G., Morreale, A., Abbate, L.
(2016).
An Open Innovation Decision Support System to Select a Biopharmaceutical R&D Portfolio Managerial and Decision Economics, 37(6), 392-406.
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Morreale, A., Stoklasa, J., Talášek, T.
(2016).
Fuzzy grouping variables in economic analysis: A pilot study of a verification of a normative model for R&D alliances Fuzzy Economic Review, 21(2), 19-46.
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Lo Nigro, G., Morreale, A., Enea, G.
(2014).
Open innovation: A real option to restore value to the biopharmaceutical R&D International Journal of Production Economics, 149, 183-193.
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Nigro, G., Morreale, A., Robba, S., Roma, P.
(2013).
Biopharmaceutical alliances and competition: A real options games approach International Journal of Innovation Management, 17(6).
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Lo Nigro, G., Enea, G., Morreale, A.
(2013).
A user friendly Real Options based model to optimize a pharmaceutical R&D portfolio Journal of Applied Operational Research, 5(3), 83-95.
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Conference paper
Mittone, L., Morreale, A., Ritala, P.
(2022).
Individual-level routinization and exploration-exploitation choice: An experimental study.
82nd Annual Meeting of the Academy of Management, 2022.
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Morreale, A., Vu, T., Mittone, L., Collan, M.
(2021).
Decision-maker behavior to postpone investment decisions – in theory and in experimental practice.
Real Options: Theory meets Practice, 24th Annual International Conference, 2-4 September 2021, Porto, Portugal.
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Jantunen, A., Mittone, L., Morreale, A., Tuppura, A., Vu, T., Tarkiainen, A.
(2020).
An Experimental Approach for Measuring Cognitive Diversity.
Strategic Management Society Virtual Conference 2020.
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Mittone, L., Morreale, A., Vu, T.
(2019).
Risk preference and creativity in process innovation: a lab experiment.
XXX ISPIM Innovation Conference: Celebrating Innovation – 500 years since Da Vinci, Florence, Italy 16-29 June 2019.
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Kozlova, M., Morreale, A., Collan, M., Lo Nigro, G.
(2017).
Modeling bio-pharmaceutical alliance games: Studying the effect of information availability on decision-making.
ROW17 - Real Options Workshop. Lappeenranta, Finland, 4-5 October 2017.
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Kosonen, T., Morreale, A., Collan, M.
(2017).
What attracts investors to equity-based crowdfunding? Results from an exploratory survey in Finland.
International Scientific Conference on Knowledge for Market Use 2017: People in Economics - Decisions, Behavior and Normative Models (Knowledge for Market Use 2017), 7-8 September 2017, Olomuniec, Czechy.
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Karhu, P., Morreale, A., Ritala, P., Mittone, L.
(2017).
Paradox versus dilemma framing in sustaining innovation: an experimental investigation.
Manchester:
The International Society for Professional Innovation Management (ISPIM), The XXVIII ISPIM Innovation Conference – Composing the Innovation Symphony, Austria, Vienna, 18-21 June 2017.
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Morreale, A., Stoklasa, J., Collan, M., Talasek, T., Lo Nigro, G.
(2016).
The effect of multiple possible outcomes representation on managerial decision-making under uncertainty: an exploratory survey.
Nineteenth International Working Seminar on Production Economics, February 22-26, Innsbruck, Austria.
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Lo Nigro, G., Morreale, A., Roma, P.
(2016).
Should conference pricing mechanisms incorporate options?.
Nineteenth International Working Seminar on Production Economics, February 22-26, Innsbruck, Austria.
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Morreale, A., Stoklasa, J., Talasek, T.
(2016).
Decision-making under different risk presentation forms: an empirical investigation from Czech Republic.
NSAIS’16 Workshop on Adaptive and Intelligent Systems, Lappeenranta, Finland, August 16-17, 2016.
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Morreale, A., Rose, L., Lo Nigro, G.
(2015).
R&D alliances timing under uncertainty: from theory toward experiments.
Real Option Workshop, Lappeenranta, Finland, August 18-19, 2015.
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Lo Nigro, G., Morreale, A., Robba, S., Roma, P.
(2014).
An alliance timing game under real options in biopharmaceutical industry.
Eighteenth International Working Seminar on Production Economics, Innsbruck, February 20-24, 2014.
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Lo Nigro, G., Morreale, A., Robba, S., Roma, P.
(2013).
Biopharmaceutical alliances and competition: a real options game approach.
24th ISPIM conference – Innovating in global markets: Challenges for Sustainable Growth, Helsinki, Finland 16-19 June 2013.
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Lo Nigro, G., Morreale, A.
(2012).
A real options based support system to open innovation.
23rd ISPIM conference – Action for innovation: innovating from experience, Barcelona, Spain, 17-20 June 2012.
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Lo Nigro, G., Morreale, A., Enea, G.
(2012).
Real Option Analysis (ROA) Opens Innovation: the biopharmaceutical case.
17th International Working Seminar on Production Economics, Innsbruck, Austria, February 20-24, 2012.
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