Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in … which a common prior on Sender's type is not induced. Beliefs are elicited about the type of the Sender and about the … strategies of the players. The experimental subjects often start with diffuse uniform beliefs and update them in view of …

endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition … unilaterally, but faces competition from a political opponent in the future. Both parties care about voters' payoffs, but they have … different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can …

endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition … unilaterally, but faces competition from a political opponent in the future. Both parties care about voters' payoffs, but they have … different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can …

version of a cobweb model. In an evolutionary learning set-up, which is imitative, principals can have different beliefs about …We relax the common assumption of homogeneous beliefs in principal-agent relationships with adverse selection … uniform belief depends on the relative size of the bias in beliefs. …

We introduce learning by doing in a dynamic contest. Contestants compete in an early round and can use the experience … from the learning by doing effect …