That would be an interesting simulation/estimation problem; convergence toward the median in repeated ratings @damiengwalter
@JohnBarnesSF @JoshuaACNewman @sterlace @danlancedan Willing to believe you, but could you expand on the markets case?
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In a market, allocations of wealth and satisfaction at t+1 are determined by ...
@MorlockP@JoshuaACNewman@sterlace @danlancedanThanks. Twitter will use this to make your timeline better. UndoUndo
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... expenditures of all individuals at t, ne?Treat expenditures as unequal fungible votes
@MorlockP@JoshuaACNewman@sterlace @danlancedanThanks. Twitter will use this to make your timeline better. UndoUndo
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... and all the possible allocation vectors among all households&goods as ballot choices
@MorlockP@JoshuaACNewman@sterlace @danlancedan -
@JohnBarnesSF I think that makes sense but due to whiskey consumption over last 60 minutes, can't tell for sure. Will reevaluate in AM. Thx!
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And voila! Impossibility theorems apply.
@MorlockP@JoshuaACNewman@sterlace @danlancedan -
@JohnBarnesSF Do you have a lay ref for this? I think it’s related to something I’m working on, but I don’t understand your description. - Show replies
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