This discussion paper led to a publication in <A href="http://www.sciencedirect.com/science/article/pii/S0167487010000954">'Journal of Economic Psychology'</A>, 31(6), 1008-20.<P>We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for Israeli citizens of Jewish and Arab descent. Our data set is the Israeli Social Survey...</p></a>

This discussion paper led to a publication in the <I>Regional Science and Urban Economics</I> (2005). Vol. 35(6), pages 700-714.<P> This paper develops a model for multi-store competition between firms. Using thefact that different firms have different outlets and produce horizontally differentiated...</p></i>

We use a classic Merton credit risk framework to argue that Islamic Banking Institutions (IBIs) face less incentive to take on risks than Conventional Banking Institutions (CBI). IBIs have less incentive for risk shifting both in and outside of distress situations. We test and confirm this...

We use a classic Merton credit risk framework to argue that Islamic Banking Institutions (IBIs) face less incentive to take on risks than Conventional Banking Institutions (CBI). IBIs have less incentive for risk shifting both in and outside of distress situations. We test and confirm this...

In a circular city model, I consider network design and pricing decisions for asingle fast transport connection that faces competition from a slower but betteraccessible transport mode. To access the fast transport network individuals haveto make complementary trips by slow mode. This fact has...

We develop a method to screen for local cartels. We first test whether there is statistical evidence of clustering of outlets that score high on some characteristic that is consistent with collusive behavior. If so, we determine in a second step the most suspicious regions where further...