individual's intrinsic ability and on an external variable. We analyze the mistakes made by decision-makers who hold inaccurate … external factors if they fail. They are too easily dissatisfied with their environment, which leads them to experiment in … variable environments and revise their self-confidence over time. In contrast, underconfident decision-makers might be trapped …

I use a model of human causal learning, Causal Support (Tenenbaum & Griffiths, 2001), to derive a meaningful measure of …

instrument or the size of the average treatment effect. With experiments, violation is more likely if the treatment and control …

) full disclosure equilibrium in the medium to long run through repetition and learning …

uninformed market maker. These observations are also confirmed in our experiment, using prediction markets. We define a new class …

apply to agent-based herding models, with the particular goal of establishing their asymptotic behavior because several … chains ; agent-based finance ; herding ; N-dependence …

and chartists, comprises four features: (i) price determination by excess demand; (ii) a herding mechanism that gives rise …