tag:blogger.com,1999:blog-3722233.post5738892551103033981..comments2021-12-06T01:56:06.040-06:00Comments on Computational Complexity: My Trip to DenmarkLance Fortnowhttp://www.blogger.com/profile/06752030912874378610noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3722233.post-45403736590751271972010-10-19T22:26:23.616-05:002010-10-19T22:26:23.616-05:00This ends up being a psychological game. Play with...This ends up being a psychological game. Play with a group of n people, choosing random positive integers, and you'll get a distribution for the winning bid. Play with only primes, and you get a completely different spread with regard to the indexes (so even if 10 is the optimal bid with 50 people, the 10th prime isn't necessarily the optimal bid for only primes).CharlesMartelnoreply@blogger.comtag:blogger.com,1999:blog-3722233.post-65528144280670218992010-10-19T18:41:26.909-05:002010-10-19T18:41:26.909-05:00Duh, I get it, a higher bid wins if it's uniqu...Duh, I get it, a higher bid wins if it's unique. So bidding a spread makes sense.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3722233.post-61234378122018571712010-10-19T16:49:11.836-05:002010-10-19T16:49:11.836-05:00Everybody bids 5 and nobody gets it, seems to be t...Everybody bids 5 and nobody gets it, seems to be the equilibrium. Why risk bidding more?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3722233.post-32889234137286393492010-10-19T15:56:14.350-05:002010-10-19T15:56:14.350-05:00lowest *unique* bidlowest *unique* bidAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3722233.post-69194345845773912772010-10-19T15:07:22.005-05:002010-10-19T15:07:22.005-05:00The *lowest* bid? Why is 5 DKK not the optimal bi...The *lowest* bid? Why is 5 DKK not the optimal bid?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3722233.post-834764439376092862010-10-19T10:30:43.980-05:002010-10-19T10:30:43.980-05:00Each bid costs 5 DKK (~1$) and he placed 15 bids.Each bid costs 5 DKK (~1$) and he placed 15 bids.Anonymoushttps://www.blogger.com/profile/07476739423406915690noreply@blogger.comtag:blogger.com,1999:blog-3722233.post-20298117351307667242010-10-19T10:12:19.368-05:002010-10-19T10:12:19.368-05:00I don't understand the rules of the auction. I...I don't understand the rules of the auction. If his winning bid was 15 DKK (~ 3 USD), why did he have to pay $18?Anonymousnoreply@blogger.com