Dagon comments on The Aumann's agreement theorem game (guess 2/3 of the average) - Less Wrong

15 [deleted] 09 June 2009 07:29AM

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Comment author: Dagon 09 June 2009 05:40:11PM 6 points [-]

I've played this game, with an actual small prize to give some incentive in favor of cooperating with the experiment. I was surprised at the number of intelligent-seeming people who did not understand that 0 was the "rational" solution. I was unsurprised at the number of people who understood, and submitted answers they knew were irrational just for fun.

This is a bad test of an agreement theorem. There's no reason to believe that participants are motivated to agree, or that their expression of guess is the same as their belief in the "correct" guess.

Comment author: [deleted] 10 June 2009 07:15:08PM 1 point [-]

Honesty is also a condition for Aumann's agreement theorem, though I neglected to actually ask that people submit only honest guesses.

Comment author: Technologos 11 June 2009 04:47:42PM 0 points [-]

The Danish newspaper Politiken played this game too, for 5000 kroner. Turns out that the actual answer was 21.6 out of 100.

I agree that it's a pretty flawed test of the agreement theorem, but the real assumption that this game tests is common knowledge of rationality. Only if that holds can we say 0 is the rational solution. If any player does not have that common knowledge, the rational solution is likely to be nonzero.

Comment author: Alicorn 11 June 2009 05:12:49PM 0 points [-]

Did the Politiken game have an explicit policy for what to do in the case of ties? That becomes a more pressing question when kroner are involved.

Comment author: Technologos 11 June 2009 08:13:12PM 0 points [-]

Best I can tell from Google Translate's version of the page linked in that Wikipedia article, they split the winnings among those who tied at the best guess. The article says that five people guessed the same number and won.

Comment author: John_Maxwell_IV 12 June 2009 12:06:02AM *  -1 points [-]

Right. I'm going to guess the smallest number I think no one else will guess to maximize my chances of being the only winner. I don't place any value in winning along with a lot of other people.

<strike>Also, the OP is wrong that the iterated 2/3 process will eventually produce 0. If everyone plays 1, then 2/3 of 1 will round back up to 1.</strike> Edit: Sorry, in a version of this game I once played you were restricted to guessing integers.

Comment author: [deleted] 12 June 2009 01:27:43AM 1 point [-]

2/3 is a valid guess.