privately evaluating the investments. Consistent with self-deception, learning about the incentive before evaluating the options …

line with a reinforcement learning model, we find that subjects who won a random lottery took significantly more risk in a …

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 …

We report the results of an experiment on selective exposure to information. A decision maker interested in learning …