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Old 06-18-2013, 01:22 PM   #1147
rageeumr rageeumr is offline
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Join Date: Apr 2005
Location: St. Louis :(
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Quote:
Originally Posted by DJ's left nut View Post
I think it was Rage that made the 'game theory' post (though it's not really game theory)
I don't have a Ph.D in decision science or anything, but it seemed like a relevant comparison.

I'm not going to spend the time, but you could graph out an extensive-form game showing a series of "bid - no bid" decisions that should ultimately show the highest utility for each owner if everyone picks one player to bid on instead of bidding up everyone at the same position (assuming my original observation that there were more players available than bidders).

/tangent
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