A few days ago I re-heard the story of how the game-theory course in the Technion was graded. I’ve heard versions where the professor was Ran Smorodinsky and other versions with Dov Monderer, but I haven’t checked out what “really” happened. (Anyone with the real facts is welcome to send in a comment…) Here is the story.
In the last day of class, the Professor gathered all the students and made the following offer: He wants to have an average grade of X (say 80) in the course with a standard deviation of Y (say 15). If all students agree upon everybody’s grades in a way that conforms to these constraints, then this is how they will be graded, and the exam will be canceled. Otherwise, the scheduled exam will take place as usual and will determine the grades. The professor then left the class and let the students try to reach a joint decision.
Some versions of the story continue thus: the best student in class immediately got up; said that she will not accept anything less than 100; and immediately left the room too.