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For this report use the file from our private value auction experiment.I need an experiment report for it.I have some example report for other games, please follow the similar structure those sample report.I need you remind how to play the game and point out some specific experiment economic theory, like Nash equilibrium.I have data collect and graphs for you.
– a scatter diagram graph (for the first treatment) that has the private value of the player on horizontal axis and her/his bid value (for that particular private value) on the vertical axis for each player in each round. Also you should draw a line that represents the theoretical prediction.– a scatter diagram graph (for the second treatment) that has the private value of the player on horizontal axis and her/his bid value (for that particular private value) on the vertical axis for each player in each round. Also you should draw a line that represents the theoretical prediction. (similar to the previous one but for treatment two)– a scatter diagram graph (for the second treatment) that has the private value of the /player on horizontal axis and her/his bid value (for that particular private value) on the vertical axis only for the last 5 rounds. Also you should draw a line that represents the theoretical prediction.
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