Mass media consumption has increasingly been found to adversely impact upon psychological states but research has largely neglected the potential influence of media onaspirations. An experiment demonstrates aspirational incomes to be dramatically altered by a textual narrative despite it not...

[This item is a preserved copy. To view the original, visit http://econtheory.org/] This paper considers an auction design framework in which bidders get partial feedback about the distribution of bids submitted in earlier auctions: either bidders are asymmetric but past bids are disclosed in an...