Page last modified 2008-9-10
Advanced Economic Theory---Micro (Economics 326)
Results of experiment on "Guess 2/3 of the average" game, 2008-9-8
Round 1
Players: 4 7 10
Numbers chosen: 3 3 2
Winner: 10
Round 2
Players: 2 3 4
Numbers chosen: 2 1 3
Winner: 3
Round 3
Players: 2 5 6
Numbers chosen: 1 2 1
Winners: 2 6
Round 4
Players: 2 3 9
Numbers chosen: 2 1 1
Winners: 3 9
Round 5
Players: 1 8 10
Numbers chosen: 1 10 1
Winners: 1 10
Round 6
Players: 6 7 8
Numbers chosen: 1 2 1
Winners: 6 8
Round 7
Players: 3 8 10
Numbers chosen: 1 1 1
Winners: 3 8 10
Round 8
Players: 4 7 8
Numbers chosen: 5 1 1
Winners: 7 8
Round 9
Players: 1 6 10
Numbers chosen: 1 1 1
Winners: 1 6 10
Round 10
Players: 2 9 10
Numbers chosen: 4 1 1
Winners: 9 10
Round 11
Players: 2 5 10
Numbers chosen: 1 1 1
Winners: 2 5 10
Round 12
Players: 3 9 10
Numbers chosen: 1 1 1
Winners: 3 9 10
Round 13
Players: 1 7 10
Numbers chosen: 1 1 1
Winners: 1 7 10
| Player |
Total winnings |
# of plays |
Average winnings |
| 1 |
1.167 |
3 |
0.389 |
| 2 |
0.833 |
5 |
0.167 |
| 3 |
2.167 |
4 |
0.5417 |
| 4 |
0 |
3 |
0 |
| 5 |
0.333 |
2 |
0.167 |
| 6 |
1.333 |
3 |
0.444 |
| 7 |
0.833 |
4 |
0.208 |
| 8 |
1.333 |
4 |
0.333 |
| 9 |
1.333 |
3 |
0.444 |
| 10 |
3.667 |
8 |
0.458 |