TrE comments on Gauging of interest: LW stock picking? - Less Wrong

7 Post author: simplicio 01 January 2013 06:36AM

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Comment author: TrE 01 January 2013 09:00:16AM 7 points [-]

To avoid the mentioned risk-seeking behaviour, you could split your $50 proportionally to the amount of virtual money made.

Comment author: Qiaochu_Yuan 01 January 2013 10:25:17AM *  3 points [-]

Doesn't this incentivize people to convince other people to adopt bad investment strategies? To actually incentivize everyone trying strategies that maximize expected value simplicio could award each player some fixed multiple of the money they make (maybe up to some reasonable cap).

Comment author: TrE 01 January 2013 12:28:53PM 1 point [-]

It does. I haven't been considering communication among players.