A lack of transparency about policy performance can pose a major obstacle to welfare-enhancing policy competition …

A lack of transparency about policy performance can pose a major obstacle to welfareenhancing policy competition across …

study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills … losses from high bids are more salient than in SPAs. Experience in FPAs causes substantial cross-game learning for … bid shading by cognitively more able participants, resulting in lower profits in FPAs. Thus, cross-game learning has the …

experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … line with a reinforcement learning model, we find that subjects who won a random lottery took significantly more risk in a … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …

experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … line with a reinforcement learning model, we find that subjects who won a random lottery took significantly more risk in a … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …

experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … line with a reinforcement learning model, we find that subjects who won a random lottery took significantly more risk in a … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …

experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … line with a reinforcement learning model, we find that subjects who won a random lottery took significantly more risk in a … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …

ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account …-game learning for cognitively less able participants but does not affect overbidding for the cognitively more able. Vice versa …, 'cross-game learning' may rather be understood as 'cross-game transfer', as it has the potential to benefit bidders with …

Different theories of expectation formation and learning usually yield different outcomes for realized market prices in … dynamic models. The purpose of this paper is to investigate expectation formation and learning in a controlled experimental …