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Iterated elimintation of weakly dominated strategy

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Reference no: EM131893528

Suppose we have a game,

  1. there are 10 members of the class, and each member picks a number 0-100
  2. the average of the numbers that the classmates picked is taken i.e.- 9 + 67 + 44 + 23 + ... / 10
  3. the average is then multiplied by 2/3
  4. whoevers chosen number is closest to the number, "wins" the game (receives bonus points on a test)

Prove that s = 0 is surviving IEWDS (iterated elimintation of weakly dominated strategy. please display through proper mathematical proof (counter example?)

Reference no: EM131893528

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