Can you outsmart everyone else? Part II

This discussion is locked. \color{#D61F06} {\text{This discussion is locked.}}

If you have any questions about the setup, ask them here.

Final results: Aloysius Ng won!

Summary of rounds:

You can view the past rounds here


How to play:

This game is open to everyone.

You are a producer of liquid gold. Each round, you can decide how many non-negative integer units of liquid gold you want to produce.

To do so, reply to my comment which states which round it is. You may only submit 1 entry each round, and may not edit the entry once you have submitted it.

Any attempt to cheat (deleting / editing / faking / unnecessarily confounding others) will result in immediate and forever disqualification. Tzar Calvin's decisions are final, and you will have no court of appeal.

How to keep score:

You can go into debt to the amount of -$5000. Anyone who crosses that is out of the game.
The cost of production is $100 per unit. This cost has to be paid once you place the order, and the amount that you can order is dependent on your cash on hand.
Note that in your first round, your maximum order size is 50.
The Quantity that you produce is denoted as Qyou Q_{you} , and the Total Quantity of production is TQ=iBrilliantQi TQ = \sum_{i \, \in \, Brilliant} Q_i .
The price that a unit of liquid gold sells for is P=max(1000TQ,0)P = \max ( 1000 - TQ , 0 ) .
At the end of the round, you will be credited with Qyou×P Q_{you} \times P . Note that it is possible to lose money from your actions in a round.

The winner is the person with the most money at the end of all the rounds.


When to play:

The rounds will open very close to (figure out your time zone):

  1. Sunday April 17th at 8:00 AM PST
  2. Sunday April 17th at 8:30 AM PST
  3. Sunday April 17th at 9:00 AM PST
  4. Depends, will likely continue for a while but with shortened rounds if there's interest.

When the round is open, you can submit your entry at any point in time. Of course, the longer you wait, the more certainty you get from the actions of others, since they cannot change their declared production values. However, the round will be closed (by locking of this note) at an undisclosed point in time, and you will not be able to submit your production for that round.

Note: Each round will last at least 5 mins, and at most 20 mins. I do not know the probability distribution of the closing time, but you can be certain that it is not uniform.

#QuantitativeFinance

Note by Calvin Lin
5 years, 2 months ago

1 vote

  Easy Math Editor

This discussion board is a place to discuss our Daily Challenges and the math and science related to those challenges. Explanations are more than just a solution — they should explain the steps and thinking strategies that you used to obtain the solution. Comments should further the discussion of math and science.

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Comments

Submit your production numbers to Round 6 as a reply to this comment.

Calvin Lin Staff - 5 years, 1 month ago

248

Calvin Lin Staff - 5 years, 1 month ago

200

Agnishom Chattopadhyay - 5 years, 1 month ago

225

Chung Kevin - 5 years, 1 month ago

207

Nicole Tay - 5 years, 1 month ago

81

Nihar Mahajan - 5 years, 1 month ago

50

A Former Brilliant Member - 5 years, 1 month ago

100

A Former Brilliant Member - 5 years, 1 month ago

Submit your production numbers to Round 1 as a reply to this comment.

Calvin Lin Staff - 5 years, 2 months ago

50

A Former Brilliant Member - 5 years, 1 month ago

50

A Former Brilliant Member - 5 years, 1 month ago

50

Nihar Mahajan - 5 years, 1 month ago

50

Vishnu Bhagyanath - 5 years, 1 month ago

16

neelesh vij - 5 years, 1 month ago

50

Chung Kevin - 5 years, 1 month ago

50

Aloysius Ng - 5 years, 1 month ago

50

Nicole Tay - 5 years, 1 month ago

36

Sravanth C. - 5 years, 1 month ago

50

Calvin Lin Staff - 5 years, 1 month ago

10

A Former Brilliant Member - 5 years, 1 month ago

Submit your production numbers to Round 2 as a reply to this comment.

Calvin Lin Staff - 5 years, 1 month ago

Just doing this for fun,so I'm gonna go with 50

Abdur Rehman Zahid - 5 years, 1 month ago

200.

No one wants to comment?

Calvin Lin Staff - 5 years, 1 month ago

@Calvin Lin 150

A Former Brilliant Member - 5 years, 1 month ago

50

Pranshu Gaba - 5 years, 1 month ago

16 again

neelesh vij - 5 years, 1 month ago

250

Nihar Mahajan - 5 years, 1 month ago

150

Aloysius Ng - 5 years, 1 month ago

175

Chung Kevin - 5 years, 1 month ago

0

A Former Brilliant Member - 5 years, 1 month ago

10

A Former Brilliant Member - 5 years, 1 month ago

You are not allowed to delete your comment (on this rooted thread) and reenter another value. Repeat offence will result in disqualification.

I am going with your initial input of 0.

Calvin Lin Staff - 5 years, 1 month ago

Submit your production numbers to Round 3 as a reply to this comment.

Calvin Lin Staff - 5 years, 1 month ago

30

Nihar Mahajan - 5 years, 1 month ago

As you have hit -$5000 in debt, your order is reduced to a size of 24.

Calvin Lin Staff - 5 years, 1 month ago

0

Abdur Rehman Zahid - 5 years, 1 month ago

100

Aloysius Ng - 5 years, 1 month ago

70

Calvin Lin Staff - 5 years, 1 month ago

125

Chung Kevin - 5 years, 1 month ago

As you have hit -$5000 in debt, your order is reduced to a size of 99.

Calvin Lin Staff - 5 years, 1 month ago

120

Agnishom Chattopadhyay - 5 years, 1 month ago

As you have hit -$5000 in debt, your order is reduced to a size of 50.

Calvin Lin Staff - 5 years, 1 month ago

120

A Former Brilliant Member - 5 years, 1 month ago

Submit your production numbers to Round 4 as a reply to this comment.

Calvin Lin Staff - 5 years, 1 month ago

126

Nicole Tay - 5 years, 1 month ago

100

Nihar Mahajan - 5 years, 1 month ago

250

Calvin Lin Staff - 5 years, 1 month ago

130

Agnishom Chattopadhyay - 5 years, 1 month ago

50

Aloysius Ng - 5 years, 1 month ago

300

Chung Kevin - 5 years, 1 month ago

Submit your production numbers to Round 5 as a reply to this comment.

Calvin Lin Staff - 5 years, 1 month ago

60

Nihar Mahajan - 5 years, 1 month ago

100

Agnishom Chattopadhyay - 5 years, 1 month ago

250 Maybe. Idk anymore

Aloysius Ng - 5 years, 1 month ago

300

Chung Kevin - 5 years, 1 month ago

60

Calvin Lin Staff - 5 years, 1 month ago

26

Nicole Tay - 5 years, 1 month ago

90

A Former Brilliant Member - 5 years, 1 month ago
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