No, 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

No, 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.