by a large literature. Here we test whether the occurrence of bubbles depends on the experimental subjects' cognitive … sophistication. In a two-part experiment, we first run a battery of tests to assess the subjects' cognitive sophistication and …

data to test for this effect in a simulated labor relatonship. We find a consistent discrepancy between employer beliefs …

experiment to explore optimal contracts in an adverse-selection context. A principal proposes one of three contract menus, each …

. Our model delivers testable implications on players' chosen actions as incentives and opponents change. We then test the … model's predictions with an experiment. We administer different treatments that vary beliefs over payoffs and opponents, as … well as beliefs over opponents' beliefs. The results of this experiment, which are not accounted for by current models of …

for remaining in doubt. I then use this model to analyze the connection between preferences of this nature and risk …

rival’s gender and/or differences in relative ability. In a laboratory experiment, we use two tasks that differ regarding …

responsible behaviors than do individuals whose independent self is more prominent. We test these hypotheses in two experiments in …

market risk. Our method performs well in estimating Value at Risk and provides a superior alternative to Hill's estimator in …