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Yeah, but if everyone follows that advice then we're back to square one
by wimlard 17y ago
Yeah, but if everyone follows that advice then we're back to square one
- byrneseyeview 17y agoNo, it depends on the number of iterations the average person expects the average person to expect the average person to go through. See: http://www.people.fas.harvard.edu/~hauert/research/gamelab/twothirds.html http://www.people.fas.harvard.edu/~hauert/research/gamelab/t... for an estimate of how many iterations that is. And http://en.wikipedia.org/wiki/Keynesian_beauty_contest http://en.wikipedia.org/wiki/Keynesian_beauty_contest for way more.