Testing Distributional Dependence in the Becker-DeGroot-Marschak ...

Table 4. Descriptive Statistics of BDM Elicitations by Distribution [N = 69]
# Thumbnail Mean
1
2
3
4
5
6
7
Std.
Dev. Min Max
3.29 2.99 0 12
4.92 4.11 0 14.5
2.59 2.89 0 10
3.80 3.46 0 13.5
4.33 3.50 0 14.5
5.64 4.72 0 15
2.80 2.41 0 9.5
# Thumbnail Mean
Std.
Dev. Min Max
Note: Distributions 1, 2, 4, 5, 9, and 14 each appeared twice during the 20 rounds. The statistics reported here reflect only the observations when subjects
submitted a valuation for a specified distribution for the last time.
8
9
10
11
12
13
14
4.04 3.25 0 13
4.91 3.59 0 14.5
4.99 4.60 0 15
2.42 2.60 0 9.5
3.78 3.11 0 10
4.48 3.74 0 14.5
5.25 4.60 0 14.5