cross-country survey on people's opinions on employment protection legislation-an area where reform has proven to be … personal pay-offs. A randomized information treatment confirms that beliefs explain views about reform, but beliefs can change …

paradox, the reason being that the process of revealing reform outcomes is an example of sampling without replacement: every … identity (reform winner or loser?) more pessimistic about their chances of benefiting from the reform. Consequently, learning … considerations challenge the conventional wisdom that sequencing should be such that favorable reform outcomes are revealed first …