Do lookers-on make better economic decisions and form more objective beliefs than individuals who are in the situation? We design a laboratory experiment studying the dynamic pattern of job applications and individuals' belief updating process in a labor market problem. Our experimental...

Using rebate rules to facilitate public goods provision has become a common practice for many social, economic, and environmental issues. This paper explores the effect of both non-endogenous and endogenous rebate rules on threshold-public goods provision in large groups. We follow the...

This paper experimentally explores people's beliefs behind the failure of backward induction in the centipede games. I elicit players' beliefs about opponents' strategies and 1st-order beliefs. I find that subjects maximize their monetary payoffs according to their stated beliefs less frequently...