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Strategic Behavior And Information Transmission In A Stylized (So-Calledchinos) Guessing Game

Author

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  • LUIS PASTOR-ABIA

    (Departamento de Química-Física, Universidad de Alicante, Alicante, Spain)

  • JOSÉ M. PÉREZ-JORDÁ

    (Departamento de Química-Física, Universidad de Alicante, Alicante, Spain;
    Unidad Asociada of the Consejo Superior de Investigaciones Científicas, Universidad de Alicante, Alicante, Spain)

  • EMILIO SAN-FABIÁN

    (Departamento de Química-Física, Universidad de Alicante, Alicante, Spain;
    Unidad Asociada of the Consejo Superior de Investigaciones Científicas, Universidad de Alicante, Alicante, Spain)

  • ENRIQUE LOUIS

    (Departamento Física Aplicada, Universidad de Alicante, Alicante, Spain;
    Unidad Asociada of the Consejo Superior de Investigaciones Científicas, Universidad de Alicante, Alicante, Spain)

  • FERNANDO VEGA-REDONDO

    (Departamento de Fundamentos del Análisis Económico and Instituto Valenciano de Investigaciones Económicas, Universidad de Alicante, Alicante, Spain;
    Departament d'Economía i Empresa, Universitat Pompeu Fabra, Barcelona, Spain)

Abstract

A guessing game very popular in some European countries involves several players hiding in their hands a number of coins (or pebbles) between zero and three, then attempting to guess in turn thetotalnumber of coins in the hands of everyone, with the restriction that no player can repeat the guess issued by any predecessor. After a full round, the player, if any, who guesses correctly wins. Of course, rounds without a winner are also possible, in which case a new round is started afresh. The purpose of the present article is to present an analysis of this game (calledChinosin Spain, as a perturbation of "chinas", i.e. pebbles), and some of its possible variants. Our primary aim is to show its potential to shed light on some issues of strategic behavior and information transmission that seem very germane to some social and economic problems.

Suggested Citation

  • Luis Pastor-Abia & José M. Pérez-Jordá & Emilio San-Fabián & Enrique Louis & Fernando Vega-Redondo, 2001. "Strategic Behavior And Information Transmission In A Stylized (So-Calledchinos) Guessing Game," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 4(02n03), pages 177-190.
    • Handle: RePEc:wsi:acsxxx:v:04:y:2001:i:02n03:n:s0219525901000152
    DOI: 10.1142/S0219525901000152
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    Cited by:

    1. Feri, Francesco & Meléndez-Jiménez, Miguel A. & Ponti, Giovanni & Vega-Redondo, Fernando & Yu, Haihan, 2020. "Pooling or fooling? An experiment on signaling," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 582-596.

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