id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
work_hg72fo4c7raqdbnbitjd5dlvfq	Pablo Brañas-Garza	Cognitive effort in the Beauty Contest Game	2012	14	.pdf	application/pdf	4226	445	72	insight on beauty contest game playing but CRT does: subjects with keywords: Beauty Contest Game, Raven, Cognitive Re�ection Cognitive Re�ection Test (CRT hereafter) to study how people play a series An increasing amount of literature analyzes the connection between economic behavior and cognitive abilities. (2009) show that subjects with low scores on a cognitive test Brañas-Garza, Guillen and Lopez (2011) �nd that subjects who score better contest game (BCG hereafter) has a unique Nash equilibrium, i.e., play zero. abilities and choices in a Beauty Contest Game (BCG). We analyze the Raven test and the CRT as they have appealing characteristics for playing the BCG. All the subjects played the di¤erent versions of the game Once the subjects �nished the Raven test, they completed the CRT developed by Frederick (2005). As expected, scoring on the Raven test and the CRT We �nd that subjects with higher scores on the CRT test are	./cache/work_hg72fo4c7raqdbnbitjd5dlvfq.pdf	./txt/work_hg72fo4c7raqdbnbitjd5dlvfq.txt