case. We show that in an insurance context, being insured against losses that may be incurred in a real-effort task changes … subjects' self-confidence. Our novel experimental design allows us to disentangle selection into insurance from the effects of … uninsured subjects are underconfident while those that obtain insurance have well-calibrated beliefs. Our results suggest that …

We develop an analysis of ex ante monitoring of risky projects in banking. If protected from competition, banks are …

The recent banking crisis has revealed the existence of strong resiliency factors in the retail banking business model … retail banking business model. Our results verify a low level of business risk in retail banking, thus confirming the …