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Game theory challenge: Can you predict human behavior? - Lucas Husted

By TEDEdFrom youtube.com
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Given a range of integers from 0 to 100, what would the whole number closest to 2/3 of the average of all numbers guessed be? For example, if the average of all guesses is 60, the correct guess will be 40. The game is played under conditions known to game theorists as “common knowledge:” every player has the same information— they also know that everyone else does too. Lucas Husted explains. Play: Game theory challenge: Can you predict human behavior? - Lucas Husted

Tags

Game
Theory
Predict
Human
Behavior
Strategy
Decision
Making
Logic
Rational
Choice
Psychology
Economics
Nash
Equilibrium
Competition
Cooperation
Risk
Reward
Outcome

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