"beliefs about Beliefs" without Probabilities
نویسندگان
چکیده
منابع مشابه
How Do Beliefs about Skill Affect Risky Decisions?∗
Beliefs about relative skill matter for risky decisions such as career choices, market entry, and financial investments. Yet in most laboratory experiments risk is exogenously given and beliefs about relative skill play no role. We use a laboratory experiment free of strategy confounds to isolate the impact of beliefs about relative skill on risky choices. We find that low (high) skill individu...
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