There’s no reason for the game to go all the way down to 0. If everyone is playing 1, that’s an equilibrium because 2⁄3 of 1 is closer to 1 than 0.
That’s not a Nash equilibrium.
Are players allowed to guess non-integers? Edit: Warrigal says they are. I’m wrong, you’re right.
There’s no reason for the game to go all the way down to 0. If everyone is playing 1, that’s an equilibrium because 2⁄3 of 1 is closer to 1 than 0.
That’s not a Nash equilibrium.
Are players allowed to guess non-integers? Edit: Warrigal says they are. I’m wrong, you’re right.