I teach the first 4 weeks of the OR Methods module for our MSc in OR and Stats at Cardiff. One of the subjects I teach is game theory and this year I decided to introduce the subject through the use of the same games I've used in outreach events.
We had 31 participants. The first game we played was the 2/3rds of the average game. Here is the first set of guesses (before we discussed rationality and in essence solve the game together).
After this we all went through the fact that 0 is the dominating strategy in this game (through iterated elimination of other all other strategies). Once this was rationalised we played again, here's the second set of guesses:
- School kids (13 participants) - First Guess: 17 Second Guess: 2
- Postgraduate students (80 participants) - First Guess: 18 Second Guess: 10
- OR 54 Delegates (10 participants) - First Guess: 23 Second Guess: 3
- MSc 2012 Cohort (31 participants) - First Guess: 26 Second Guess: 10