We use data from 298 showings of the television program "Affari Tuoi," which involves contestants making decisions between risky prospects with possible prizes of up to half a million euros, to estimate three models of decision-making under risk: Expected Utility, Rank-Dependent Expected Utility...

Data on contestantsÕ choices in Italian Game Show Affari Tuoi are analysed in a way that separates the effect of risk attitude from that of beliefs concerning the amount of money that will be offered to contestants in future rounds. The importance of belief-formation is confirmed by the...

Data on contestants’ choices in Italian Game Show <italic>Affari Tuoi</italic> are analysed in a way that separates the effect of risk attitude (preferences) from that of beliefs concerning the amount of money that will be offered to contestants in future rounds. This separate identification is possible by...

This work explores the role of discrimination in shaping individuals’ lives and opportunities, with specific respect to sexual orientation. The role of sexual orientation in explaining earning differences has been increasingly emphasized in empirical literature on discrimination mainly as a...

Recent economic literature on poverty may be broadly divided into two strands. One strand investigates the multidimensional nature of poverty. The other strand, employing the large availability of household surveys, investigates the micro and macro determinants of monetary poverty, analyzing the...

Active ageing strategies have so far strongly focussed on increasing senior workers employment rates through pension reforms to develop incentives to retire later on the one hand, and labour market policies on the other hand. Most measures are based on the dominant male trajectory of work and...

The aim of this experiment is to test the role of institutional design in credit markets as a commitment device against renegotiation: when there is asymmetric information does a lower degree of centralization enhance efficiency? Does decentralization alleviate the adverse selection problem in...

Economic and social implications of the access to financial services both in developed and in developing countries have increasingly promoted the debate around the issue of considering “financial inclusion” as a public good, according to potential positive externalities associated to greater...

The role and extent of sexual orientation discrimination is the focus of a growing body of literature in economics and in other social sciences, across a wide range of social domains. This work aims at providing a holistic approach to the assessment of lesbian, gay and bisexual (LGB) people's...