Page last modified 2005-1-10

Advanced Economic Theory---Micro (Economics 326)

Results of experiment on "Guess 2/3 of the average" game, 2005-1-3

Round 1
Players: 1 3 4
Numbers chosen: 4 3 4
Winner: 3

Round 2
Players: 3 6 7
Numbers chosen: 5 9 1
Winner: 3

Round 3
Players: 2 3 6
Numbers chosen: 2 4 3
Winner: 2

Round 4
Players: 2 4 10
Numbers chosen: 5 3 3
Winners: 4 10

Round 5
Players: 3 4 10
Numbers chosen: 2 3 4
Winner: 3

Round 6
Players: 5 6 10
Numbers chosen: 2 2 1
Winner: 10

Round 7
Players: 7 8 9
Numbers chosen: 1 2 4
Winner: 8

Round 8
Players: 2 8 9
Numbers chosen: 2 4 6
Winner: 2

Round 9
Players: 5 7 10
Numbers chosen: 1 1 3
Winners: 5 7

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

Round 11
Players: 3 5 9
Numbers chosen: 3 3 10
Winners: 3 5

Round 12
Players: 6 8 9
Numbers chosen: 2 2 3
Winners: 6 8

Round 13
Players: 5 8 10
Numbers chosen: 3 2 2
Winners: 8 10

Round 14
Players: 2 7 9
Numbers chosen: 1 1 2
Winners: 2 7

Round 15
Players: 1 3 9
Numbers chosen: 3 1 2
Winner: 3

Round 16
Players: 1 3 6
Numbers chosen: 1 2 1
Winners: 1 6

Round 17
Players: 2 3 6
Numbers chosen: 1 2 1
Winners: 2 6

Round 18
Players: 3 7 10
Numbers chosen: 1 1 2
Winners: 3 7

Player Total winnings # of plays Average winnings
1 0.5 4 0.125
2 3 5 0.6
3 5 10 0.5
4 0.5 3 0.167
5 1 4 0.25
6 1.5 6 0.25
7 1.5 5 0.3
8 2 4 0.5
9 0 6 0
10 3 7 0.429