This note provides answers to some of the questions people
asked over the years about Chen and Plott (JPubE 1996).
- The
exchange rate is 150 francs = $1.
- The
experimental treatments (gamma=1, 100) were conducted sequentially. Subjects
were first given the instructions, payoff tables and record sheet of the
first treatment. After 30 rounds of the first treatment, they were given the
payoff tables and record sheet for the second treatment, which lasts for
another 30 rounds.
- When
we wrote up the instructions, we worked from Isaac, McCue and Plott (JPubE,
1985).
- Note
in the data file, sometimes the “round” variable skip a round, so you
might end up with 31 rounds for the first treatment, which is actually 30
rounds because round n was skipped. The key variable to differentiate the
treatment is “ref” (see below).
- On
the payoff tables: ID:1 refers to subject type 1.
- Payoff
tables: ref.1 = gamma 1 and ref. 2 = gamma 2
- Data
file format: Round Ref Id Xi Si Oi Pi, where
Round = round number
Ref = treatment, where 1 means
gamma=1, and 2 means gamma=100.