Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future …, however, is not uniform but depends on context. When the environment allows subjects to not focus attention on (negative …

It is widely hypothesized that anxiety and worry about an uncertain future lead to the adoption of comforting beliefs …

expectations. We examine the predictions of Kőszegi and Rabin (2006) in the context of market experiments with probabilistic forced … these theoretical predictions. In a series of experiments with a total of 930 subjects, sellers' valuations exceed buyers …' valuations under all probabilities of forced exchange. In robustness tests where attention is drawn specifically to the forced …

mechanism's robustness is explored in further experiments. …

decision makers in the family and the society. We test these alternative hypotheses running Dictators experiments in Italy, a …

understand the formation of such views and find levers to affect them, we study the role of attention. In a large online … experiment, we investigate how subjects allocate their visual attention to the contributions of merit and luck in the generation … less attention to information about true merit and retain more of the surplus. Both the attentional and behavioral patterns …

goals, highlighting biased beliefs regarding own preferences as a relevant mechanism in the prediction errors. …