Thread: EV Problem
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Old 09-25-2002, 01:25 AM
BruceZ BruceZ is offline
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Join Date: Sep 2002
Posts: 1,636
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I have computed the optimal price to offer to the penny using the methods of calculus. If this is a real offer, and if you do not know the optimal answer, then I want to profit from this information. If you do not know how to calculate the answer, it is unlikely that you could optimize your profit to within 1%. This would represent a loss to you.

There are others here who are also capable of giving you the correct answer. We could all undercut each other until the price of this information is minimal, but we would recognize that we all profit the most if each correct answerer agrees to split 1% of the profit equally.

If you agree to this, post an anonymous email through which all parties can identify themselves and exchange addresses and phone numbers with you for verification. Then you will mail each of us a contract agreeing to send each participant who sends you a correct answer with explanation by a certain time an equal share of 1% of the profit. The contract will specify the name of the company to be purchased. Our individual contracts will be binding when you purchase the company for the amount which is within 1% of the answer, which will be a matter of public record.

You might respond that this is a made up problem in order to receive free answers. All potential respondents are urged not to answer in this case.
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