elicitation plays in the experiment affects both the contribution behavior and beliefs, and (2) framing influences stated beliefs …We analyze first-order beliefs in a variation of the Public Good Game. We show that (1) the role that belief … initial beliefs, and provide an empirical model of the belief up-dating process. Subjects use the past experience, stressing …

randomized survey experiment conducted in Argentina. Results show that providing information to citizens matters for shaping …

acquisition, and subsequent belief formation, depends crucially on the agent-specific status quo valuation. Beliefs can … systematically update away from the realized truth and even agents with the same initial beliefs might become polarized. We design a … laboratory experiment to test the model’s predictions; the results confirm our predictions about the mechanism (rational …

at a roughly constant rate, an agent who frequently updates beliefs distorts them by dividing what should be one signal … making a judgment, but an agent with a symmetric loss function should update beliefs early and often. Unlike the classical …

presence of stubborn agents in the network and produces long-run effects on the agents learning process. The distortion induced … by stubborn agents in social learning depends on the “updating centrality”, a novel centrality measure that identifies … the key agents of a social learning process, and generalizes the Katz-Bonacich measure. Conversely, temporary …

Using a randomized information experiment embedded in a representative survey, we study households' economic …