Page last modified 2005-9-22

Advanced Economic Theory---Micro (Economics 326)

Results of experiment on "Guess 2/3 of the average" game, 2005-9-12

Round 1
Players: 2 6 9
Numbers chosen: 2 3 8
Winner: 6

Round 2
Players: 2 4 7
Numbers chosen: 2 3 3
Winner: 2

Round 3
Players: 5 6 8
Numbers chosen: 1 3 3
Winner: 5

Round 4
Players: 2 6 10
Numbers chosen: 2 2 2
Winners: 2 6 10

Round 5
Players: 2 3 7
Numbers chosen: 2 1 2
Winner: 3

Round 6
Players: 5 6 7
Numbers chosen: 1 1 1
Winner: 5 6 7

Round 7
Players: 1 4 6
Numbers chosen: 1 1 2
Winner: 1 4

Round 8
Players: 4 5 8
Numbers chosen: 1 1 1
Winner: 4 5 8

Round 9
Players: 1 3 7
Numbers chosen: 1 1 1
Winners: 1 3 7

Round 10
Players: 3 6 9
Numbers chosen: 1 2 1
Winner: 3 9

Round 11
Players: 5 6 9
Numbers chosen: 1 1 1
Winners: 5 6 9

Player Total winnings # of plays Average winnings
1 0.833 2 0.4167
2 1.333 4 0.3333
3 1.833 3 0.6111
4 0.833 3 0.2778
5 2 4 0.5
6 2 7 0.2857
7 0.667 4 0.1667
8 0.333 2 0.1667
9 0.833 3 0.2778
10 0.333 1 0.3333