Bosch-Domènech, Antoni; Montalvo, José G.; Nagel, … - Barcelona Graduate School of Economics (Barcelona GSE) - 2010
This paper introduces a mixture model based on the beta distribution, without preestablished means and variances, to analyze a large set of Beauty-Contest data obtained from diverse groups of experiments (Bosch-Dom`enech et al. 2002). This model gives a better fit of the experimental data, and...