{"id":77962,"date":"2026-06-04T18:15:18","date_gmt":"2026-06-04T15:15:18","guid":{"rendered":"https:\/\/www.uol.ac.cy\/?p=77962"},"modified":"2026-06-04T18:15:26","modified_gmt":"2026-06-04T15:15:26","slug":"an-experiment-on-a-multi-period-beauty-contest-game","status":"publish","type":"post","link":"https:\/\/www.uol.ac.cy\/en\/an-experiment-on-a-multi-period-beauty-contest-game\/","title":{"rendered":"An experiment on a multi-period beauty contest game"},"content":{"rendered":"\n<style>\n.uol-publication-card {\n  background: #f4f1fb;\n  border-left: 4px solid #5b3aa4;\n  border-radius: 0 14px 14px 0;\n  padding: 24px 28px;\n  box-shadow: 0 10px 25px rgba(0,0,0,0.06);\n  margin-bottom: 24px;\n}\n\n.uol-publication-card h3 {\n  margin: 0 0 16px 0;\n  font-size: 22px;\n  font-weight: 700;\n  color: #111;\n}\n\n.uol-publication-card p {\n  margin: 0 0 16px 0;\n  font-size: 17px;\n  line-height: 1.6;\n  color: #111;\n}\n\n.uol-publication-btn {\n  display: inline-block;\n  background: #00b6c9;\n  color: #fff;\n  padding: 11px 22px;\n  border-radius: 6px;\n  text-decoration: none;\n  font-weight: 600;\n}\n\n.uol-publication-btn:hover {\n  background: #5b3aa4;\n  color: #fff;\n}\n<\/style>\n\n<div class=\"uol-publication-card\">\n\n\n  <p><strong>Abstract<\/strong><br>\n  We present and conduct a novel experiment on a multi-period beauty contest game. Leveraging the multi-period feature, we investigate how participants revise their forecasts in periods when new information\u2014such as shocks or announcements\u2014arrives and how they form their expectations in the absence of new information. We make two key contributions. First, we develop a new method based on forecast revisions to evaluate whether participants behave in a forward-looking manner.<\/p>\n\n  <p><strong>References<\/strong><br>\n  Hanaki, N., &amp; Takahashi, Y. (2026). An experiment on a multi-period beauty contest game. <em>Experimental Economics<\/em>. Forthcoming.<\/p>\n\n  <a class=\"uol-publication-btn\" href=\"https:\/\/doi.org\/10.1017\/eec.2026.10048\" target=\"_blank\" rel=\"noopener\">View Publication \u2192<\/a>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abstract We present and conduct a novel experiment on a multi-period beauty contest game. Leveraging the multi-period feature, we investigate how participants revise their forecasts in periods when new information\u2014such as shocks or announcements\u2014arrives and how they form their expectations in the absence of new information. We make two key contributions. First, we develop a [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":77951,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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We present and conduct a novel experiment on a multi-period beauty contest game. Leveraging the multi-period feature, we investigate how participants revise their forecasts in periods when new information\u2014such as shocks or announcements\u2014arrives and how they form their expectations in the absence of new information. We make two key contributions. First, we develop a&hellip;","jetpack_shortlink":"https:\/\/wp.me\/peAODB-khs","publishpress_future_action":{"enabled":false,"date":"2026-06-14 15:38:51","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/posts\/77962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/comments?post=77962"}],"version-history":[{"count":0,"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/posts\/77962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/media\/77951"}],"wp:attachment":[{"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/media?parent=77962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/categories?post=77962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/tags?post=77962"},{"taxonomy":"publication_author","embeddable":true,"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/publication_author?post=77962"},{"taxonomy":"publication_year","embeddable":true,"href":"https:\/\/www.uol.ac.cy\/en\/wp-json\/wp\/v2\/publication_year?post=77962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}