Do agents believe to be agreeing more with others in the long-run? This paper designs an experiment to study how … disagreement regardless of cognitive ability. Learning about the state of the world has little effect on the evolution of perceived …

We demonstrate in a laboratory experiment in which subjects play a two-player Cournot-Tullock game over hundreds of … periods of varying length that full accounts of subjects' learning requires the consideration of, both, 'period time' and …

ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account …-game learning for cognitively less able participants but does not affect overbidding for the cognitively more able. Vice versa …, 'cross-game learning' may rather be understood as 'cross-game transfer', as it has the potential to benefit bidders with …

We conduct a randomized field experiment to study the effects of two financial education interventions offered to small …-scale retailers in Uganda. The treatments contrast "active learning" with "traditional lecturing" within standardized lesson-plans. We … find that active learning has a positive and economically meaningful impact on savings and investment outcomes, in contrast …

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

How can naivete about present bias persist despite experience? To answer this question, our experiment investigates … the nature of the task at the second date further shows that learning is unencumbered by a change in environment. Our …

This paper introduces a reinforcement learning based approach to compute optimal interest rate reaction functions in …