We empirically assess the relationship between cultural assimilation and subjective well-being of immigrants by using the German Socio-Economic Panel, a longitudinal dataset including information on both the economic and non-economic conditions of the respondents. We find that the more...

We experimentally study the effects of allotment Ð the division of an item into several units Ð in independent private value auctions. In particular, we compare a single-item, first-price auction with two equivalent treatments with allotment: a two-unit discriminatory auction and a setting in...

We study, both theoretically and experimentally, the relation between preferred majority thresholds and behavioral traits such as the degree of risk aversion and the subjective confidence on others preferences over the alternative to vote. The main theoretical findings are supported by...

Voting is a lottery in which an individual who is uncertain about how the others vote wins if she belongs to the majority or loses if she falls into the minority. The risk of losing can be reduced by increasing the majority threshold. This however has the negative effect of also lowering the...