and treat correlated information as independent. In consequence, people s beliefs are excessively sensitive to well …-conncected information sources, implying a pattern of overshooting beliefs. Additionally, in an experimental asset market, correlation …

people neglect correlations in the updating process, leading to systematically "overshooting" beliefs. This finding lends …

and treat correlated information as independent. In consequence, people's beliefs are excessively sensitive to well …-connected information sources, implying a pattern of "overshooting" beliefs. Additionally, in an experimental asset market, correlation …

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 …

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

Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in … which a common prior on Sender's type is not induced. Beliefs are elicited about the type of the Sender and about the … strategies of the players. The experimental subjects often start with diffuse uniform beliefs and update them in view of …

We study the origins of support for gender-related affirmative action (AA) in two pre-registered online experiments (N … treatments to disentangle the preference for AA stemming from i) perceived gender differences in productivity, ii) beliefs about … successfully altering beliefs about expected productivity differences. Our results suggest that AA choice reflects a more intrinsic …