Everyone is picking this, right?
No. I expect the actual average to be greater than 1. If we did the same thing here, I'd probably pick a value very near 1; there, I picked a value very near 2. After further thought, I now suspect that choice is a bit low.
Certainly, it's true that 0 is the unique fixed point, and it's easy to see this if you think about if for a minute or two. On the other hand, how often do you think it will happen that someone will simply misread the question, and answer something else?
I briefly misread the problem as "pick the guess closest to the average guess;&q...
NPR's Planet Money is running an experiment which could be an interesting way to test your other-people-modeling skills.
This is a guessing game. To play, pick a number between 0 and 100. The goal is to pick the number that's closest to half the average of all guesses.
http://www.npr.org/blogs/money/2011/10/03/133654225/please-help-us-pick-a-number?sc=fb&cc=fp
The other people guessing are self-selected, I would assume primarily NPR listeners.