Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk attitudes depend on how one’s situation in the safe alternative compares to that of a peer. Evaluation of the risky alternative also depends on whether the lottery gives...

Combat is the most intense form of military service, but several aspects of the training experience, which explicitly prepares people for violent warfare, are hypothesized to link service to violent crime. Using Australia's Vietnam-era conscription lotteries for identification and criminal court...

We refine the understanding of individual preferences across social lotteries, whereby the payoffs of a pair of subjects are exposed to random shocks. We find that aggregate behavior is ex-post and ex-ante inequality averse, but also that there is a wide variety of individual preferences and...