The paper analyzes the case of Belgium to provide insight into the relationships among ethnic heterogeneity, voting participation and local economic growth. We find that heterogeneity, and external and internal mobility reduce immigrants’ voting participation, while we do not find support for...

This paper provides laboratory evidence on the efficiency-enhancing properties of the Tiebout model as a decentralized system of public goods provision. Tiebout (1956) shows that if a sufficient number of local communities exist to accommodate different types of preferences, individuals sort...

In contrast with Apesteguia and Palacios{Huerta (2009), we provide laboratory evidence that strictly competitive environments are characterized by a second-mover advantage. This finding is obtained in a setting, a free-throw shooting competition among pairs of professional basket players, which...

This paper provides laboratory evidence on the effect of psychological pressure in competitive environments. In our experiment, we analyze a setup of sequential tournaments, in which participants are matched in pairs and experience a kind of pressure that, as in most real world professional...

We analyze more than 1,250,000 bets on Italian soccer league matches. Our findings show that bettors do not improve their performance as the season progresses. We obtain evidence that early bettors, who place bets the days before the match, performed better then late bettors, who place bets on...

This paper analyzes the early contributions of John Harsanyi and Thomas C. Schelling to bargaining theory. In the 1950s, Harsanyi draws Nash's solution to two-person cooperative games from the bargaining model proposed by Zeuthen (1930), and Schelling proposes a multifaceted theory of conflict...

We evaluate the impact of timing on decision outcome, when both the timing and the relevant decision are chosen under uncertainty. Betting markets provide the testing ground, as we exploit an original dataset containing more than one million online bets on games of the Italian Major Soccer...