witzvo comments on Open Thread, April 27-May 4, 2014 - Less Wrong

0 Post author: NancyLebovitz 27 April 2014 08:34PM

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Comment author: witzvo 29 April 2014 03:20:49AM *  0 points [-]

a market where your scoring was based on how much you updated the previous bet towards the truth.

This is interesting. Can someone point me to documentation of the scoring? Thanks. (unless it's a CFAR secret or something)

Comment author: hamnox 30 April 2014 12:55:10PM 2 points [-]

100 × log2(Your probability of outcome/Previous Bet probability of outcome).. For example: if you updated a 50% house bet to 99% being correct would give you 98.55 "bits", while being wrong would give you -564.39

It's posted a couple of posts up. I had given no credence to the idea that it could be a CFAR secret.