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María José Gil-Moltó, Vicente Orts, Nikolaos Georgantzís and Aurora García-Gallego
''An experiment on subjective game valuations''
( 2006, Vol. 3 No.10 )
We report experimental results on a prisoners' dilemma implemented in a way which allows us to elicit incentive-compatible valuations of the game. We test the hypothesis that players'' valuations coincide with their Nash equilibrium earnings. Our results offer significantly less support for this hypothesis than for the prediction of Dominant Strategy (DS) play.
JEL: C9 - Design of Experiments: General
Manuscript Received : Mar 14 2006 Manuscript Accepted : May 03 2006

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