An Experiment on subjective Game Valuations
AbstractWe experimentally test the hypothesis that players' valuations of a game coincide with their Nash equilibrium earnings. Our results offer significantly less support for this hypothesis than for the prediction of dominant strategy play.
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Bibliographic InfoPaper provided by Department of Economics, Loughborough University in its series Discussion Paper Series with number 2006_4.
Date of creation: Apr 2006
Date of revision: Apr 2006
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Web page: http://www.lboro.ac.uk/departments/sbe/research/economics/index.html
More information through EDIRC
Game Value; Subgame Perfection; Dominant Strategies; Behavioral Game Theory;
Other versions of this item:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-03-11 (All new papers)
- NEP-CBE-2006-03-11 (Cognitive & Behavioural Economics)
- NEP-EXP-2006-03-11 (Experimental Economics)
- NEP-GTH-2006-03-11 (Game Theory)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kreps, David M & Wilson, Robert, 1982.
Econometric Society, vol. 50(4), pages 863-94, July.
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