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Game theory beauty contest game: TD edition [Results are in: Page 4]
Posted on 10/5/14 at 10:22 am
Posted on 10/5/14 at 10:22 am
The game is very simple:
Choose a number in the range from 0 to 100. The winner(s) of the contest will be whoever that chose a number that’s closest to 2/3 of the average of everyone who answers in this thread.
Note: Don't look at other people's answers before choosing your number. Just reply to the OP when posting your answer.
Answers to this question will tell us how rational the people of TD are. I will tally up the answers and then we can compare the results to some of the other top schools in the country and some other very smart demographics.
If you already familiar with this game, don't answer, so that we can keep the results as accurate as possible. Don't Google the answer or cheat in any way either.
-----------------
Results are on Page 4: LINK
Choose a number in the range from 0 to 100. The winner(s) of the contest will be whoever that chose a number that’s closest to 2/3 of the average of everyone who answers in this thread.
Note: Don't look at other people's answers before choosing your number. Just reply to the OP when posting your answer.
Answers to this question will tell us how rational the people of TD are. I will tally up the answers and then we can compare the results to some of the other top schools in the country and some other very smart demographics.
If you already familiar with this game, don't answer, so that we can keep the results as accurate as possible. Don't Google the answer or cheat in any way either.
-----------------
Results are on Page 4: LINK
This post was edited on 10/5/14 at 2:10 pm
Posted on 10/5/14 at 10:31 am to euphemus
20
ETA: I don't think we are supposed to be able to see other people's answers. You definitely won't get any kind of accurate result this way. Failed experiment.
ETA: I don't think we are supposed to be able to see other people's answers. You definitely won't get any kind of accurate result this way. Failed experiment.
This post was edited on 10/5/14 at 10:38 am
Posted on 10/5/14 at 10:39 am to euphemus
Very good responses so far. Keep them coming. The bigger the sample size, the better the results will look when I plot the data...
Posted on 10/5/14 at 10:41 am to euphemus
i suppose people aren't supposed to read others' posts? if they do the results should crater down parabolically
i'm going to say 20 (2/3 of 2/3 of 50)
i'm going to say 20 (2/3 of 2/3 of 50)
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