Chapter 18 Competition (partial)

Chapter 18 Competition (partial) - 25.6 Portfolio Managers...

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Chapter 18
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1. Each player submits a number between 0 and 100 2. The group average of these numbers is calculated 3. The Winning Number = 0.7 x Group Average 4. The player with the closest number to this wins
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Sample Target Number Caltech Board of Trustees (All) 29.8 Caltech Board of Trustees (CEOs Only)
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Unformatted text preview: 25.6 Portfolio Managers 17.0 Economics PhD Students 19.2 Caltech students 15.3 UCLA students 29.6 Wharton students 26.5 Students in Germany 25.7 Students in Singapore 32.2 ! Being smart is not enough ! To win, one must know the competition ! People tend to be level-2 thinkers....
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Chapter 18 Competition (partial) - 25.6 Portfolio Managers...

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