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different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can … endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition …-serving behavior by political parties, but rather stems from their differing beliefs about the consequences of their actions. …
Persistent link: https://www.econbiz.de/10010398541
different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can … endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition …-serving behavior by political parties, but rather stems from their differing beliefs about the consequences of their actions. …
Persistent link: https://www.econbiz.de/10010366185
Persistent link: https://www.econbiz.de/10010492079
different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can … endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition …-serving behavior by political parties, but rather stems from their differing beliefs about the consequences of their actions. …
Persistent link: https://www.econbiz.de/10010791257
different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can … endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition …-serving behavior by political parties, but rather stems from their differing beliefs about the consequences of their actions. …
Persistent link: https://www.econbiz.de/10010781549
Persistent link: https://www.econbiz.de/10011126646
different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can … endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition … having conflicting objectives, but rather stems from their differing beliefs about the consequences of their actions. …
Persistent link: https://www.econbiz.de/10011117645
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 …
Persistent link: https://www.econbiz.de/10009535526
Persistent link: https://www.econbiz.de/10012003784
feedback as the main driving force of learning to play strategically and to form beliefs that accurately predict the behavior …We study beliefs and choices in a repeated normal-form game. In addition to a baseline treatment with common knowledge … beliefs as well as for the accuracy of their beliefs (relative to the opponent's true choice). In the baseline treatment we …
Persistent link: https://www.econbiz.de/10010268780