making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best … reply to beliefs if any player has a dominant strategy and equilibrium payoffs are not too unequal. Using a mixture model we …

We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash … strategy significantly more often, and their choices are more often consistent by being a best reply to first order beliefs. We …

update their beliefs about the probability of being audited, both before and after audits are definitely withdrawn. We find … that when individuals have initially experienced systematic audits, they decrease both their beliefs and their … irregular, they maintain high beliefs about the probability of being audited and continue cooperating long after audits have …

This paper presents the results of a laboratory experiment in which workers perform a real-effort task and supervisors …) are almost non-existent. The supervisors' second-order beliefs and their decision to lie are highly correlated, suggesting …

information about the (higher-order) beliefs of players. The approach can be applied to a class of belief-dependent preferences … common to preferences in this class. We illustrate our approach by analyzing data from a large scale experiment conducted … with a sample of participants randomly drawn from the Dutch population. We find that behavior of players in the experiment …

feeling guilt by letting down another player. We compare estimates of WTP under the assumption that higher-order beliefs are … in equilibrium (i.e. consistent with the choice distribution) with models estimated using stated beliefs which relax the … equilibrium requirement. We estimate WTP in the later case by allowing stated beliefs to be correlated with guilt aversion, thus …

-based discrimination. The discrimination we find is rather due to conservatism in updating beliefs. This conservatism is more pronounced in …In a laboratory experiment, we show that subjects incorporate irrelevant group information into their evaluations of … equally well as individuals from better performing groups. Our experiment leaves room neither for statistical nor taste …

We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field … influenced by leaders (CEOs, politicians) and beliefs about others' behavior. Our framework is an experimental public goods game … with a leader. We find that leaders strongly shape their followers' initial beliefs and contributions. In later rounds …