We present two axiomatizations of the Second-Order Expected Utility model in the context of the standard models of choice under uncertainty.

When beginning a new project charities typically appeal to donors with a fundraising goal and a description of the project. For example, an organization may announce a \$200 million campaign to construct a new hospital. While goals are commonly used by fundraisers, there is little theoretical...

A behavioral competitive equilibrium restricts households ability to tailor their consumption to the state of the economy. Compared to standard competitive equilibrium, a behavioral competitive equilibrium yields more consumption risk and extreme price volatility when the realized output is near...

I exploit a natural experiment in India to identify how mixing rich and poor students in schools affects social preferences and behaviors. A policy change in 2007 forced many private schools in Delhi to meet a quota of poor children in admissions. This led to a sharp increase in the presence of...

To what extent are migrants a source of evolution of the comparative advantage of both their sending and receiving countries? We study the drivers of knowledge diffusion by looking at the dynamics of the export basket of countries. The main finding is that migration is a strong and robust driver...