Housing is the most important asset in the portfolio of most households. Understanding the households' decision on housing finance has important implications from a policy perspective, due to the effects it may have on the housing prices, on the housing market stability and on household welfare....

This research examines the seminal heuristic of anchoring and adjustment and its effects on the mortgage market. In recent years, the Israeli central bank has imposed protective regulation on mortgage loans in order to protect the banking system from systemic risk associated with highly...

Peer-to-Peer lending refers to online marketplaces where lenders lend to individuals or small businesses. This rapidly expanding new source of credit eliminates the traditional intermediary of financial services and reduces financial exclusion by allowing more people to borrow and lend. At the...

This paper examines the effect of creating a specialised economic court on subsequent litigation rates, forum selection, and court performance. To do so, we utilized a quasi-experimental research design and compared court decisions under two time frames: before and after the reform, and two...

Initial coin offerings (ICOs) are a new form of fundraising whereby blockchain-related ventures raise public capital in exchange for newly issued digital tokens. In recent years, ICOs have been a prominent focus of legal and economic studies, which analyze their characteristics and determinants...

Peer-to-Peer (P2P) lending emerged over a decade ago and quickly evolved into a global industry. Since then, the P2P lending industry has become more complex, with increasingly diverse types of business models, each involving different risks and challenges. The Article analyzes the current state...

The chapter examines the effects of several macroprudential tools on household choices in the mortgage market. In recent years, following the global financial crisis, central banks have imposed macroprudential policy tools on mortgage loans in order to protect the banking system from systemic...

This paper analyzes the legal rules governing the sale of corporate control in the specific case of going private transactions and examines whether a controlling shareholder must share the premium associated with a sale-of-control. The paper is based on the framework developed in Bebchuk (1994)...

From its early days, the sharing economy was celebrated in utopian terms, as a platform for creating and sharing wealth across social divides. Sharing, it is often argued, facilitates improved wealth redistribution and a decentralized, equitable and sustainable economy, by providing a...