Can participation in financial markets lead individuals to re-evaluate the costs of conflict, change their political attitudes and even their votes? Prior to the 2015 Israeli elections, we randomly assigned Palestinian and Israeli financial assets to likely voters, and incentivized them to...

Are identities fungible? How do people come to identify with specific groups? This paper proposes a revealed preference approach, using food consumption to uncover ethnic and religious identity choices in India. We first show that consumption of identity goods (e.g. beef and pork) responds to...

In 2005, a drastic reform in the Israeli capital market shifted the power to choose savings vehicles from employers to individuals. Using a unique dataset from a large employer, this event provides us a rare window into individuals' savings decisions and the effect of their social environment....

How can we promote informed financial participation and reduce the gap in financial confidence between men and women? We conduct a large field experiment that enables and incentivizes working age men and women---a challenging group to reach with standard financial training programs---to trade...

Democracy is often perceived or justified as a means to realizing voters' preferences. Two major difficulties have received much attention: how to aggregate votes and how to align the interests of representatives with the preferences of voters. This paper identifies a third difficulty which...

Are identities fungible? How do people come to identify with specific groups? This paper proposes a revealed preference approach, using food consumption to uncover ethnic and religious identity choices in India. We first show that consumption of identity goods (e.g. beef and pork) systematically...

Religions often preach preferential treatment of fellow believers. This paper examines whether one's religious status (secular or religious) leads one to discriminate against people with a different religious status; how this affects human capital formation; and whether this discrimination is...