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 …

infinite-horizon learning, and subjective expectations with Euler-equation learning. Under rational expectations, the model … necessitates of large, possibly unrealistically so, degrees of myopia. The same result persists under infinite-horizon learning …, given that agents are still remarkably farsighted. But, under Euler-equation learning, the model can fit the data with only …

laboratory experiment where bidders can signal information through their bidding behaviour to an outside observer. We consider …

We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how …

-nudge interventions worked. A follow-up experiment reveals the reason for these convincing null-effects: the information norm-nudges did …

external factors if they fail. They are too easily dissatisfied with their environment, which leads them to experiment in …

empirically in a large scale online experiment and in the laboratory. In both experiments, the second mover’s lying propensity …

We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment …