experiment tests whether the second movers update their beliefs after observing their paired first movers’ decision by eliciting … beliefs with different second mover knowledge of first mover decision, depending on treatment. We find that second movers do … update their beliefs conditional on receiving information on the first mover’s action, supporting Psychological Forward …

public goods problems in several important ways. We measure social preferences and concurrently elicit beliefs on the … individual level using multiple methods, and at multiple times during the experiment. With this rich set of predictor variables … repeated interaction. We show that when heterogeneity in people’s preferences and beliefs is taken into consideration, more …

second half of the paper tests the theoretical predictions in an experiment. In contrast to previous literature, the …