Massimo Florio Universita Di Milano   via conservatorio 7 milano, 20122 italy   massimo.florio@unimi.it     Biographical Sketch: Massimo Florio is currently Professor of Public Economics, University of Milan, where he has also been the Jean Monnet Professor of Economics of European Integration, dean of the faculty of European economic studies, head of the department of economics. His recent books include "The Great Divestiture. Evaluating the welfare impact of British privatizations (MIT Press), "Guide to Cost-benefit analysis of investment projects (European Commission).   Primary Research Focus: privatization ; applied welfare economics ; public investment; regional development; network industries   JEL Areas: H : Public Economics