An experiment on subjective game valuations

Garcia-Gallego, Aurora; Georgantzis, Nikolaos; Gil-Molto, Maria Jose; Orts, Vicente

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An experiment on subjective game valuations

preprint

posted on 2006-03-21, 16:28 authored by Aurora Garcia-Gallego, Nikolaos Georgantzis, Maria Jose Gil-Molto, Vicente Orts

We 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 (DS) play.

History

School

Business and Economics

Department

Economics

Pages

79437 bytes

Publication date

2006

Notes

This is part of the Economics Discussion Series. It is also available: http://ideas.repec.org/p/lbo/lbowps/2006_4.html. The paper has been published subsequently in the journal, Economics Bulletin 3(10), pp. 1-6.