Page last modified 2006-1-11

Advanced Economic Theory---Micro (Economics 326)

Results of experiment on "Guess 2/3 of the average" game, 2006-1-9

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

Round 2
Players: 4 7 10
Numbers chosen: 5 1 3
Winners: 7 10

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

Round 4
Players: 1 2 10
Numbers chosen: 1 3 2
Winner: 1

Round 5
Players: 3 8 10
Numbers chosen: 1 3 1
Winners: 3 10

Round 6
Players: 1 6 10
Numbers chosen: 1 1 1
Winners: 1 6 10

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

Round 8
Players: 2 6 8
Numbers chosen: 1 1 2
Winners: 2 6

Round 9
Players: 1 5 10
Numbers chosen: 1 6 2
Winner: 10

Round 10
Players: 1 4 9
Numbers chosen: 1 1 1
Winners: 1 4 9

Round 11
Players: 1 9 10
Numbers chosen: 1 1 1
Winners: 1 9 10

Round 12
Players: 3 7 9
Numbers chosen: 1 1 1
Winners: 3 7 9

Round 13
Players: 6 8 10
Numbers chosen: 1 1 1
Winners: 6 8 10

Round 14
Players: 1 2 10
Numbers chosen: 1 1 1
Winners: 1 2 10

Round 15
Players: 6 7 9
Numbers chosen: 1 1 1
Winners: 6 7 9

Round 16
Players: 1 3 5
Numbers chosen: 1 1 4
Winners: 1 3

Player Total winnings # of plays Average winnings
1 3.333 8 0.4167
2 0.833 3 0.277
3 1.333 3 0.444
4 0.333 2 0.167
5 0 3 0
6 3 6 0.5
7 1.667 3 0.388
8 0.333 3 0.111
9 2.333 7 0.333
10 3.333 10 0.333