Christian Lawson-Perfect is a user on mathstodon.xyz. You can follow them or interact with them if you have an account anywhere in the fediverse. If you don't, you can sign up here.

The office is running a sweepstakes for the World Cup. For £1, you can pick the name of a team out of a jar. The intention is everyone gets a fair chance of getting a good team.

But, if I know what teams have come out of the jar, I can wait until my chance of getting a good team is higher, or abstain altogether if the good teams are already gone.

Has this been studied? I suppose there's some auction theory involved.

Christian Lawson-Perfect @christianp

I'll tag @darrenjw in this. Maybe we can form a syndicate.

· Web · 0 · 0