We investigate the impact of health expenditure on health outcomes on a large sample of Europeans aged above 50 using individual and regional-level data. We find a significant and negative effect of lagged health expenditure on later changes in the number of chronic diseases. This effect varies...

We devise a ‘nudging' natural experiment to test the impact of a simple form of advertising on environmentally responsible products with/without the increase of the responsible product price. We find that the simple use of a small shelf-poster explaining the importance of buying a green...

We use the Vote-with-the-Wallet game (VWG) to model socially or environmentally responsible consumption, an increasingly relevant but still under-researched phenomenon. Based on a theoretical model outlining game equilibria and the parametric interval of the related multiplayer prisoners'...

We simulate in a randomised lab experiment the effect of Cash Mobs on consumers' behaviour in an original variant of the multiplayer Prisoner's dilemma called Vote-with-the-wallet Game (VWG). The effect is modelled in a sequential game with/without an environmental frame in which a subset of...

We use experimental data from the “vote with the wallet” multiplayer prisoner's dilemma to investigate with a finite mixture approach the effect of a responsible purchase on players' satisfaction. We find clear-cut evidence of heterogeneity of preferences with two groups of players that...

Some criticism has been raised on the actual capability of corruption perception-based indices to gauge the essence of concepts they aim to measure. One can argue that perceptions about corruption are not matching reality and could be the reflection of distorted truth. Based on this evidence we...

Socially responsible consumers and investors are increasingly using their consumption and saving choices as a “vote with the wallet” to award companies which are at vanguard in reconciling the creation of economic value with social and environmental sustainability. In our paper we model the...

We provide non experimental evidence of the relevance of sociability on subjective wellbeing by investigating the determinants of life satisfaction on a large sample of Europeans aged above 50. We document that voluntary work, religious attendance, helping friends/neighbours and participation to...

The life satisfaction literature generally focuses on how life events affect subjective well-being. Through a contingent valuation survey we test whether well-being preferences have significant impact on life satisfaction. A sample of respondents is asked to simulate a policymaker decision...

The productive and allocative theories predict that education has positive impact on health: the more educated adopt healthier life styles and use more efficiently health inputs and this explains why they live longer. We find partial support for these theories with an econometric analysis on a...