edschofield
Joined 22 karma
- edschofieldThanks for the link! I didn’t know Monday existed. I laughed so hard at its output. But I fear that using it regularly would poison my soul…
- Numerical integration methods suffer from the “curse of dimensionality”: they require exponentially more points in higher dimensions. Monte Carlo integration methods have an error that is independent of dimension, so they scale much better.
See, for example, https://ww3.math.ucla.edu/camreport/cam98-19.pdf
- Here's an interesting way to understand it:
The true value of gold is quite stable over time (since new gold is mined at a slow rate). Fiat currencies are constantly being debased. Hard assets fluctuate up and down relative to gold.
- That's a Dutch auction: https://en.wikipedia.org/wiki/Dutch_auction.
I agree that reverse auctions would be a simple solution the current scalper problem. If demand outweighs supply, scalpers drive up the prices toward their economic equilibrium anyway, making ticket prices just as "unfair" to the poor, but with additional problems of trust...
- “The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes”, by Zachary D. Carter.
- > the unpopular touch bar which initially removed a physical ESC key.
I still have the scars: I no longer use a Caps Lock key, even on my newer computers — it’s permanently mapped to ESC…