candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …

conclusions about the socio-economic factors that determine expectations. …

As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes … biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to … real-life expectations formation process. For this purpose, an exceptional Dutch dataset on monthly expectations regarding …

candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …

This paper presents a simple experiment on how laypeople form macroeconomic expectations. Subjects have to forecast … forecasts. It turns out that the availability of historical data has a dominant impact on expectations and wipes out the …

suggests that emigrants may have over-optimistic expectations about the incomes they can earn abroad, resulting in excessive … experiment with unique survey data on would-be emigrants' probabilistic expectations about employment and incomes in the …

-level forecasts or household expectations. As an application, we employ a panel of Greek manufacturing firms and quantify firms …