subjective beliefs of players. In a laboratory experiment we measure subjects? certainty equivalents for three coordination games …

candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …

candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …

the relevant predictions, which are then tested in pre-registered lab-in-the-field experiments from villages in the Indian …

We designed four observational learning experiments to identify the key channels that, along with Bayes …-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in … actions, but they overweight their low quality signals relative to public information. Experiments 2-4 reveal that non …

We conduct a laboratory experiment to shed light on the cognitive limitations that may affect the way decision makers …