Music plays a significant role in human life. Background music surrounds us in many places, in restaurants, shopping centers and even at work. The literature suggests that background music can influence an individual’s decision-making process. In the current study we asked participants to...

Gender differences in tennis have sparked a great deal of heated debate. Using data from the 24 top men's and 23 top women's singles tournaments in 2010 we find a gender difference in the competitiveness (tightness) with regard to the final score of tennis sets. However, when using two physical...

The suggestion to implement a negative monetary policy has divided economists and politicians. The effects of this experiment on the willingness of individuals and financial intermediaries to borrow and spend money and increase their risk are controversial. To provide insight into the debate, we...

We exploit a unique setting in which two professionals compete in a real-life tennis contest with high monetary rewards in order to assess how men and women respond to competitive pressure. Comparing their performance in low-stakes versus high-stakes situations, we find that men consistently...

This study examines whether and how the passage of the Sarbanes-Oxley Act (SOX) affected earnings quality, proxied by accrual measures, prior to mergers and acquisitions (M&A). Given that the capital markets underwent unusual vicissitudes in the period leading up to the passage of SOX, we...

This paper uses a sample of 335 firms participating in strategic alliances in order to re-examine the value creation through strategic alliances. We show that the immediate positive response of stock markets to new strategic alliances is followed by negative abnormal returns. Twenty days after...