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 …

(Learning-to-Forecast experiments) or individual trading (Learning-to-Optimize experiments). Bao et al. (2017) have shown that …

discover compared to equally-relevant information they discover themselves. In a series of incentivized lab experiments, we ask …

Attention is a pivotal resource in the modern economy and plays an increasingly prominent role in economic analysis. We … summarize research on attention from both psychology and economics, placing a particular emphasis on its capacity to explain …, including attention-based utility, the recent proliferation of attentional externalities introduced by digital technology, the …

only subjects who picked the minority option obtain a positive reward. Previous experiments on the minority and similar … reinforcement learning models than with belief-based models. Showing level-2 rationality (i.e., reasoning about others' beliefs) is … approach pays off. In addition, teams that are more successful tend to become more egocentric over time, paying more attention …