This study examines the factors that affect an individual's decision to take an active part in social justice protests. We use data collected after the 2011 Israeli social justice protests against the continuing rise in the cost of living, the social order and power-structure in Israel. Our main...

Past research has demonstrated that many individuals are not well equipped to make financial decisions and hence depend greatly on the flow and quality of financial information. Various governments are implementing reforms aimed at improving the quality of pension financial communication....

This study is an empirical examination of the personal discount rates used by teenagers and adults. The participants answered a time-preference questionnaire and were asked about the bank interest paid for deposits. The results demonstrate that teenagers have a very high personal discount rate...

The current field study examines how the day of the week, optimism level and other personal characteristics influences the time preference of soldiers. To do this, we compare the time discount of soldiers in the Israel Defense Forces at the beginning of the work week (Sunday in Israel) and just...

We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes. Participants in the experiment were students prior to taking a final exam in Introduction to Microeconomics. We find that most participants were overconfident regarding their...

We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes. Participants in the experiment were students prior to taking a final exam in Introduction to Microeconomics. We find that most participants were overconfident regarding their...

The current field study compares the time preferences of young adults of similar ages but in two very different environments, one more dangerous and uncertain than the other. Soldiers, college students and a control group of teenagers answered questionnaires about their time preferences. During...