[ExI] bar sinister gets more than you, was:... gets more than you do

[spike]

From: extropy-chat [mailto:extropy-chat-bounces at lists.extropy.org] On Behalf Of spike



 

 

>…I plan to use one of the major stock indices, closing price average on Tuesday 24 November, so I don’t know what the amount will be, but I will scale it to 10M…spike

 

 

Clarification: I will take the closing price Tuesday rounded to the nearest integer, divide by pi^2, throw away everything to the left of the decimal, take the fraction and multiply by 10M.

 

My bid is 3,333,333 dollars.

 

I will be damned if I can prove this is the optimal bid but the gradient seems to zero out at that point.  Anders?  Adrian?

 

Has anyone seen this problem in the literature anywhere?

 

spike

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