The correlation between immigrant objective and subjective characteristics and the likelihood of achieving homeownership is tested empirically. Also, the article examines whether homeownership promotes civic participation and community involvement among immigrants. Observing a sample of...

This research presents new findings on the economic cost of terror. To that end, we provide evidence of changes in house prices in the Gilo neighborhood of Jerusalem in the wake of the 2000 Second Palestinian Intifada. During that period, Gilo suffered from sporadic and ongoing gunfire from the...

We examine the effect of religiosity and gender on the level of honesty by conducting under-the-cup die experiments among secular and religious Jewish students. The highest level of honesty was found among young religious females while the lowest was found among secular females. Finally, we...

This research employs data from a natural experiment to assess the effects of behavioral heuristics on housing choice and public program management. The analysis focuses on programs designed to privatize public housing in Israel. The government programs provided the tenants with a call (real)...

Purpose – Previous studies of immigrant populations suggest that ceteris paribus an immigrant's level of income is strongly and positively correlated with his proficiency in the local language. The purpose of this paper is to extend this literature using data from a telephone survey carried...

Durable goods provide conventional proxies for household wealth, which, in turn, may increase the tendency to consume healthier food products and engage in leisure-time physical exercise. Higher car ownership levels, on the other hand, may reduce the tendency to participate in utilitarian,...

Traditional western society is based on a balance between private and public interests, the economic and the social spheres of life. However, in recent years this balance has been completely upset, in favour of the private and economic. This has driven six wedges between business and society,...

Capitalism is facing a crisis. All who believe in business - from CEOs to business school professors - must recognize that they have contributed to this crisis. The problem is simple, yet profound: Everyone is captive of five half-truths that shape the way people think about business and the way...

Five experts gathered recently to discuss the future of enterprise risk management: Kaplan, the Baker Foundation Professor at Harvard Business School, who with his colleague David Norton developed the balanced scorecard; Mikes, an assistant professor at HBS who studies the evolution of risk...