Elias Tsakas

Department of Economics
Maastricht University

 Home   Curriculum Vitae   Research   Teaching   Pictures   Research Links   Other Links 
Rationalizability and Nash equilibria in guessing games
(with Christian Seel)

Abstract.
Games in which players aim to guess a fraction or multiple p of the average guess are known as guessing games or (p-) beauty contests. In this note, we derive a full characterization of the set of rationalizable strategies and the set of pure strategy Nash equilibria for such games as a function of the parameter p, the number of players and the (discrete) set of available guesses to each player.