Manipulating subjects' expectations about the resolution of uncertainty, I show that subjects
update beliefs about ego-relevant information optimistically when they expect no resolution …

We study belief updating about relative performance in an ego-relevant task. Manipulating
the perceived ego relevance of the task, we show that subjects substantially overweight …

There are many ways to induce cognitive load. In this paper, we manipulate cognitive
capacity using four common techniques: a number memorization task, a visual pattern task …

Self-assessment is important for decision making in education and career choice. An
important source of information in self-assessment is social comparison. While some …

There is an ongoing debate regarding the degree to which a forecaster's ability to draw
correct inferences from market signals is real or illusory. This paper attempts to shed light on …

This paper examines what connection, if any, there is between cognitive ability and bidding
strategy in second price auctions. Despite truthful revelations being a weakly dominant …

Personal experiences can impact investors' risk taking, and this can explain market
phenomena such as time-varying risk premia, asset price bubbles or wage–price spirals …

How individuals form expectations impacts decision-making and economic well-being. Past
research indicates deviations from normative belief updating. Based on cognitive …

We study how miscalibrated prior beliefs about one's ability affect effort provision through
misguided learning about returns to effort. We show that both overconfident and under …

With the increased acceptance of marijuana, it is important to understand the impacts of its
use. While much attention has been paid to concerns such as health, relatively little attention …