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 …

outstrip the advanced countries economically’. It reviews the causal beliefs of the rulers, the rise and fall of their … continual institutional change and policy reform in the face of resistance from established interests. So far, China is the only …

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 diuse uniform beliefs and update them in view of …

This paper introduces a tractable, structural model of subjective beliefs. Since agents that plan for the future care … overestimate the return of their investment and underdiversify. In general equilibrium, agents' prior beliefs are endogenously … and overoptimistic, and consume more than implied by rational beliefs early in life. Third, in choosing when to undertake …

filter framework to test for convergence in investment rates. We find some evidence of convergence in Central European …, however, we were unable to isolate convergence in investment shares. Copyright Kluwer Academic Publishers 2001 …