-informed others. This paper presents a controlled experiment showing that this "curse of knowledge" can cause comparative …

In this paper, we design an investment game which allows us to study the influence of selection when learning from … others. Using the theoretical study of selection neglect in Jehiel (2018) as a guide, we test (i) for the presence of … selection neglect in this investment context, and (ii) some comparative static predictions of the model. We find strong evidence …

stylized laboratory experiment to investigate the causal effect of an increase in confidence on two important choices made by … risk] and those that pay a fixed wage [low earnings risk], and (ii) the subsequent choice of how much effort to exert …