possibility of implementing far reaching pro-market reforms and show that competition beliefs underlay support for economic reform …We analyse and compare individual beliefs about the effects of competition and their evolution over time in transition … economies and experienced market economies. At the onset of transition, competition beliefs in transition countries are far more …

This paper analyzes and compares individual beliefs about the effects of competition and the evolution of those beliefs … over time in transition economies and experienced market economies. At the onset of transition, competition beliefs in … competition beliefs converge. It is argued that overly optimistic competition beliefs in transition countries contributed to the …