Disagreements about economic policy stem not just from differences in normative values, but also from differences in beliefs about which outcomes are likely. We review a selection of survey work showing this. We also report on our own work with US and Russian research subjects, which employs a...

Prominent analysts have argued that the Russian reform process has gone badly because Russian attitudes towards the market mechanism fundamentally differ from those in the West. Others strenuously dispute this. We combine surveys and a classroom double auction experiment to investigate Russian...