A Historical Note on the Beauty Contest

Christoph Bühren (), Björn Frank and Rosemarie Nagel
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Christoph Bühren: University of Kassel

No 201211, MAGKS Papers on Economics from Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung)

Abstract: Alain Ledoux, who was one of over 6,000 chess players taking part in Bühren and Frank´s (2012) online Beauty Contest experiment, turned out to be the forgotten inventor of that game. We reconstruct the birth of the Beauty Contest. In section 1 of our note, its first two authors outline the history of the game that metamorphosed into the famous guessing game experiment which was first run in the lab by Rosemarie Nagel. In section 2, Rosemarie Nagel adds further remarks and thoughts about the development of the experimental Beauty Contest.

Pages: 7 pages
Date: 2012
New Economics Papers: this item is included in nep-exp, nep-gth, nep-his and nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:mar:magkse:201211

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