Instructional Video

Game Theory Challenge: Can You Predict Human Behavior?

This Game Theory Challenge: Can You Predict Human Behavior? instructional video also includes:

Game theorists will love the challenge proposed in this video. Every player has the same information (common knowledge) and must guess the closest whole number that represents 2/3 of the average of all numbers other players guessed.

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Instructional Ideas
  • Play the game with your high-level path classes, once before showing the video and once after, then compare the results
Classroom Considerations
  • Assumes players are familiar with Nash Equilibrium and rationality
  • The resource contains a comprehension check
Pros
  • A link to submit a response to another challenge is provided
  • The "Dig Deeper" section provides links to related resources and another challenge
Cons
  • None