's three color experiment and that subjects act more often in line with consequentialism than with dynamic consistency. …

Many theories of updating under ambiguity assume either dynamic consistency or consequentialism to underpin … concepts, we conduct a dynamic extension of Ellsbergʼs 3-color experiment. We find that more subjects act in line with …

equivalent consistency under updating characterise a family of capacities, called Genralised Neo-Additive Capacities (GNAC). This …

We provide a discipline for beliefs formation through a model of subjective beliefs, in which agents hold incorrect but … strategic beliefs. More precisely, we consider beliefs as a strategic variable that agents can manipulate to maximize their … of Nash equilibrium. We find that a strategic behavior leads to beliefs subjectivity and heterogeneity. Optimism (resp …

This paper studies the joint determination of beliefs about the economic impact of immigration and immigration policy … results stress the important role of the endogenous determination of beliefs, which appear as a major determinant of policy … preferences. Besides, media exposure appears as a key determinant of beliefs: individuals spending more time to get informed on …

Weitzman (1998, 2001) ? As a sort of additional risk or uncertainty, can beliefs dispersion lead to lower discount rates ? Is …

for redistribution are influenced by individual beliefs on the origins of social inequality and public values. The first … rationality” depended on beliefs concerning individual responsibility in the creation of inequality. This model is then confronted … with empirical field data demonstrating the link between individuals‟ normative beliefs and their preferences for …

for redistribution are influenced by individual beliefs on the origins of social inequality and public values. The first … rationality” depended on beliefs concerning individual responsibility in the creation of inequality. This model is then confronted … with empirical field data demonstrating the link between individuals’ normative beliefs and judgments and their preferences …

determining individual beliefs about the role of effort ii) the impact of beliefs on the dynamics of economic aggregates. The … objective of the first chapter is to provide a literature review on the relationship between beliefs and economic events. In the … beliefs. We end at an explanation, of a psychological nature, for cross-country disparities in TFP, production, redistribution …