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Tag Archives: Test your intuition
(Thanks, Dani!) Given a random sequence , ******, , let . and assume that . What is the probability that the maximum value of is attained only for a single value of ? Test your intuition: is this probability bounded … Continue reading
True or False: The group of automorphisms of the symmetric group , n ≥ 3 is itself.
Martin Bridson We have three finitely presented groups A is generated by two generators a and b and one relation B is generated by three generators a, b, c and three relations , . C is generated by four generators a, b, c, d … Continue reading
How many women can you find on this poster announcing the 25th Jerusalem School in Economics Theory devoted to Matching and Market Design? Please respond to the poll:
Indeed, most people got it right! Bundling sometimes increases revenues, sometimes keeps revenues the same, and sometimes decreases revenues. In fact, this is an interesting issue which was the subject of recent research effort. So here are a few … Continue reading
One item You have one item to sell and you need to post a price for it. There is a single potential buyer and the value of the item for the buyer is distributed according to a known probability distribution. It … Continue reading
You run a single-item sealed bid auction where you sell an old camera. There are three bidders and the value of the camera for each of them is described by a certain (known) random variable: With probability 0.9 the value … Continue reading
The age of the earth (Thanks to Yeshu Kolodny) We now know that the age of the earth is 4.54±1% Billion years. From Wikipedea: In 1862, the physicist William Thomson (who later became Lord Kelvin) of Glasgow published calculations that … Continue reading
This post is based on a comment by Oz to our question about balls with two colors: “There is an interesting (and more difficult) variation I once heard but can’t recall where: You have a box with n red balls … Continue reading